ANGIODYNAMICS INC (ANGO) Technical Analysis
NASDAQ:ANGO • US03475V1017
Current stock price
ANGO Technical Rating and Analysis
Taking everything into account, ANGO scores 1 out of 10 in our technical rating. ANGO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, ANGO is a bad performer in the overall market: 72% of all stocks are doing better.
- In the last month ANGO has a been trading in the 10.29 - 11.96 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- ANGO is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry, ANGO did better than 64% of them.
- ANGO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ANGO is lagging the market slightly.
ANGO Weekly and Daily overview Charts
ANGO Setup Rating and Analysis
The technical rating of ANGO is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
ANGO Support and Resistance Analysis
9.75
When analyzing the support we notice one important area.
- A support zone ranging from 9.85 to 9.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 10.32 to 10.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 10.84 to 11.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.45 from a horizontal line in the weekly time frame.
ANGO Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for ANGO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ANGO is neutral. |
| ChartMill Relative Strength | 28.4 | NEGATIVE | ANGO has a low relative strength, it was outperformed by 71.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ANGO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ANGO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ANGO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.69 | NEUTRAL | The RSI value for ANGO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ANGO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.37 | NEUTRAL | The Stochastics value for ANGO is a neutral value. |
| Average True Range in percent/ATR (20) | 4.7 | MEDIUM VOLATILITY | The ATR as a percentage value for ANGO suggests some volalility. |
| Average Directional Index/ADX (14) | 15.67 | NEGATIVE | The low ADX value for ANGO suggests a weak or negative trend. |
ANGO Chart- and CandleStick Pattern Analysis
ANGO Technicals: Chart, Performance Metrics, Trend & Indicators
10.31
-1.63 (-13.65%)
ANGIODYNAMICS INC / ANGO TA FAQ
What is the technical rating for ANGO stock?
ChartMill assigns a technical rating of 1 / 10 to ANGO.
What is the current trend direction of ANGIODYNAMICS INC (ANGO) stock?
The current trend direction for ANGIODYNAMICS INC (ANGO) is Bearish.
What is the RSI signal for ANGO stock?
ANGIODYNAMICS INC (ANGO) has an RSI value of 42.6897. This indicates that the stock is currently neutral.
What is the MACD signal for ANGIODYNAMICS INC (ANGO) stock?
The MACD indicator for ANGIODYNAMICS INC (ANGO) has a value of 0.0356013, indicating a bearish trend.
What is the support and resistance level for ANGO stock?
ANGIODYNAMICS INC (ANGO) has a support level at 9.85 and a resistance level at 10.32. Check the full technical report for our detailed analysis of ANGO support and resistance levels.