Taking everything into account, ANGO scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, ANGO has proven to be a steady performer, scoring decent points in every aspect analyzed.
ANGO has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 12.54, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
8.54
We found 5 important support areas.
- A support zone ranging from 12.31 to 12.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.88 to 11.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.40 from a horizontal line in the daily time frame.
- Support @9.61 from a trend line in the weekly time frame.
- Support @8.63 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 13.27 to 13.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The long term trend for ANGO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ANGO is neutral. |
| ChartMill Relative Strength | 90.32 | POSITIVE | ANGO has a high relative strength, it outperformed 90.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ANGO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ANGO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ANGO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.38 | NEUTRAL | The RSI value for ANGO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests ANGO has a negative trend. |
| Stochastics (14,3) | 17.17 | OVERSOLD | The low Stochastics value suggests ANGO may be oversold. |
| Average True Range in percent/ATR (20) | 3.17 | MEDIUM VOLATILITY | The ATR as a percentage value for ANGO suggests some volalility. |
| Average Directional Index/ADX (14) | 22.01 | NEUTRAL | The ADX value for ANGO suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 13.66 | 12.87 | 0.79 (5.78%) | 17.29% |
| An entry @13.66. This is a Buy Stop order right above the resistance zone. | An exit @12.87. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.79 points, which is 5.78%. | When investing 17.29% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
13.1
-0.06 (-0.46%)
ANGIODYNAMICS INC / ANGO FAQ
What is the technical rating for ANGO stock?
ChartMill assigns a technical rating of 10 / 10 to ANGO.
What is the trend direction for ANGO stock?
The current trend direction for ANGIODYNAMICS INC (ANGO) is Bullish.
Can you provide the RSI signal for ANGIODYNAMICS INC?
ANGIODYNAMICS INC (ANGO) has an RSI value of 52.3811. This indicates that the stock is currently neutral.
What is the short term momentum for ANGIODYNAMICS INC (ANGO) stock?
The short term momentum for ANGIODYNAMICS INC (ANGO) is neutral.
What are the support and resistance levels for ANGIODYNAMICS INC (ANGO) stock?
ANGIODYNAMICS INC (ANGO) has a support level at 12.54 and a resistance level at 13.27. Check the full technical report for our detailed analysis of ANGO support and resistance levels.