ARMATA PHARMACEUTICALS INC (ARMP) Stock Technical Analysis
USA - NYSEARCA:ARMP - US04216R1023 - Common Stock
7.05 USD
+3.58 (+103.17%)
6.15 USD
-0.9 (-12.77%)
Overall ARMP gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ARMP is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, ARMP did better than 98% of all other stocks.
ARMP is one of the better performing stocks in the Biotechnology industry, it outperforms 97% of 534 stocks in the same industry.
A new 52 week high is currently being made by ARMP, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month ARMP has a been trading in the 2.94 - 16.34 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ARMP has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
6.98
7.12
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 ARMP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARMP is up. |
| ChartMill Relative Strength | 98.56 | POSITIVE | ARMP has a high relative strength, it outperformed 98.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARMP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARMP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ARMP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 93.93 | OVERBOUGHT | The high RSI value suggests ARMP may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests ARMP has a positive trend. |
| Stochastics (14,3) | 73.37 | NEUTRAL | The Stochastics value for ARMP is a neutral value. |
| Average True Range in percent/ATR (20) | 10.8 | HIGH VOLATILITY | The high ATR as a percentage value for ARMP suggests high volalility. |
| Average Directional Index/ADX (14) | 44.15 | POSITIVE | The high ADX value value for ARMP suggests a strong 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)
7.05
+3.58 (+103.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg103.17%
1 Week106.75%
2 Weeks118.94%
1 Month129.81%
3 Month194.98%
6 Month396.48%
12 Month194.98%
2 Year213.33%
3 Year141.44%
5 Year125.96%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.05
ATR(20)%10.8%
ATR Inc4527.98%
Range Today12.87
ADR(20)0.76
ADR(20)%10.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.56
3 months CRS99.34
6 months CRS99.16
Mansfield18.73
10 Day High16.34
10 Day Low3.09
20 Day High16.34
20 Day Low2.94
52 Week High16.34
52 Week Low0.9
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)13.04%
DER(5)15.07%
Volume12.86M
Volume Incr26944.77%
Vol(5)2.57M
Vol(50)266.97K