AN2 THERAPEUTICS INC (ANTX) Stock Technical Analysis
NASDAQ:ANTX - Nasdaq - US0373261058 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to ANTX. Recently some decent action could be observed, but in the medium term time frame this is still negative. ANTX was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, ANTX is a bad performer in the overall market: 95% of all stocks are doing better.
ANTX is one of the lesser performing stocks in the Pharmaceuticals industry. 76% of 194 stocks in the same industry do better.
ANTX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ANTX has a been trading in the 1.05 - 1.16 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, ANTX does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 1.09, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ANTX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.02
1.57
2 important support areas can be observed.
- A support zone ranging from 1.05 to 1.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.03 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 1.15 to 1.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.21 to 1.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.36 from a trend line in the daily time frame.
- Resistance @1.55 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 ANTX is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ANTX is up. |
| ChartMill Relative Strength | 5.4 | NEGATIVE | ANTX has a low relative strength, it was outperformed by 94.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ANTX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ANTX is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ANTX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.14 | NEUTRAL | The RSI value for ANTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ANTX has a positive trend. |
| Stochastics (14,3) | 74.92 | NEUTRAL | The Stochastics value for ANTX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.24 | MEDIUM VOLATILITY | The ATR as a percentage value for ANTX suggests some volalility. |
| Average Directional Index/ADX (14) | 18.83 | NEGATIVE | The low ADX value for ANTX 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)
1.14
+0.03 (+2.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg2.7%
1 Week5.56%
2 Weeks6.54%
1 Month5.56%
3 Month-8.8%
6 Month-8.8%
12 Month-57.46%
2 Year-85.96%
3 Year-86.68%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%3.24%
ATR Inc8.56%
Range Today0.05
ADR(20)0.04
ADR(20)%3.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.4
Mansfield-1.41
10 Day High1.16
10 Day Low1.05
20 Day High1.16
20 Day Low1.05
52 Week High2.73
52 Week Low0.87
CS1 End1.09
CR1 Start1.15
Volume & EV
DER(3)7.23%
DER(5)2.73%
Volume235.80K
Volume Incr-64.39%
Vol(5)92.30K
Vol(50)228.86K