ANGIODYNAMICS INC (ANGO) Stock Technical Analysis
NASDAQ:ANGO - Nasdaq - US03475V1017 - Common Stock - Currency: USD
Overall ANGO gets a technical rating of 1 out of 10. ANGO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
In the last month ANGO has a been trading in the 8.36 - 10.80 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the performance of all stocks over the past year, ANGO turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
ANGO is an average performer in the Health Care Equipment & Supplies industry, it outperforms 66% of 187 stocks in the same industry.
ANGO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ANGO is lagging the market.
Considerably lower volume is observed in the last couple of days.
ANGO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 8.50, a Stop Loss order could be placed below this zone.
More info and screens
8.29
10.99
We found 1 important support area.
- A support zone ranging from 8.37 to 8.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- Resistance @8.60 from a trend line in the daily time frame.
- A resistance zone ranging from 8.74 to 8.87. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 9.23 to 9.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.44 from a trend line in the weekly time frame.
- Resistance @10.88 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for ANGO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ANGO is down. |
| ChartMill Relative Strength | 48.8 | NEUTRAL | ANGO is not amongst the best or worst performers 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) | UP | MIXED | The current price of ANGO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.55 | NEUTRAL | The RSI value for ANGO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ANGO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.37 | OVERSOLD | The low Stochastics value suggests ANGO may be oversold. |
| Average True Range in percent/ATR (20) | 5.43 | HIGH VOLATILITY | The high ATR as a percentage value for ANGO suggests high volalility. |
| Average Directional Index/ADX (14) | 15.89 | NEGATIVE | The low ADX value for ANGO suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
8.51
-0.02 (-0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.23%
1 Week-0.58%
2 Weeks-7.7%
1 Month-8.69%
3 Month-6.59%
6 Month-22.92%
12 Month14.38%
2 Year5.98%
3 Year-61.56%
5 Year-9.13%
10 Year-42.34%
15 Year-44.09%
Volatility
ATR(14)0.31
ATR(20)%5.43%
ATR Inc-1.18%
Range Today0.32
ADR(20)0.46
ADR(20)%5.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.8
Mansfield-1.23
10 Day High9.32
10 Day Low8.36
20 Day High10.8
20 Day Low8.36
52 Week High13.5
52 Week Low5.83
CS1 End8.5
CR1 Start8.6
Volume & EV
DER(3)-5.4%
DER(5)-3.92%
Volume719.10K
Volume Incr-52.9%
Vol(5)398.72K
Vol(50)729.04K