ARIAD PHARMACEUTICALS INC (ARIA) Stock Technical Analysis
NASDAQ:ARIA - Nasdaq - US04033A1007
Taking everything into account, ARIA scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ARIA is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, ARIA did better than 99% of all other stocks. We also observe that the gains produced by ARIA over the past year are nicely spread over this period.
A new 52 week high is currently being made by ARIA, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so ARIA is leading the market.
ARIA has an average volume of 11108900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ARIA has a been trading in a tight range between 23.63 and 23.99.
Considerably lower volume is observed in the last couple of days.
ARIA has an excellent technical rating, but the quality of the setup is only medium 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
15.11
24.24
We found 2 important support areas.
- A support zone ranging from 23.64 to 23.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.26 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 24.00 to 24.00. This zone is formed by a combination of multiple trend lines 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 ARIA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARIA is up. |
| ChartMill Relative Strength | 99.41 | POSITIVE | ARIA has a high relative strength, it outperformed 99.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARIA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARIA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ARIA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 87 | OVERBOUGHT | The high RSI value suggests ARIA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.37 | NEGATIVE | The MACD value suggests ARIA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 100 | OVERBOUGHT | The high Stochastics value suggests ARIA may be overbought. |
| Average True Range in percent/ATR (20) | 0.29 | LOW VOLATILITY | The low ATR as a percentage value for ARIA suggests low volalility. |
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)
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 |
|---|---|---|---|
| 24.01 | 23.76 | 0.25 (1.04%) | 25.00% |
| An entry @24.01. This is a Buy Stop order right above the resistance zone. | An exit @23.76. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.25 points, which is 1.04%. | For a 0.26% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
23.99
+0.04 (+0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.17%
1 Week0.5%
2 Weeks0.84%
1 Month1.24%
3 Month70.63%
6 Month132.69%
12 Month368.56%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%0.29%
ATR Inc-38.24%
Range Today0.05
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.41
Mansfield9.9
10 Day High23.99
10 Day Low23.77
20 Day High23.99
20 Day Low23.63
52 Week High23.99
52 Week Low4.67
CS1 End23.87
CR1 Start24
Volume & EV
DER(3)-1.26%
DER(5)7.99%
Volume7.22M
Volume Incr-58.73%
Vol(5)4.93M
Vol(50)11.11M