ALPHATEC HOLDINGS INC (ATEC) Stock Technical Analysis
NASDAQ:ATEC - US02081G2012 - Common Stock
16.135 USD
+0.21 (+1.29%)
16.135 USD
0 (0%)
Overall ATEC gets a technical rating of 10 out of 10. Both in the recent history as in the last year, ATEC has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that ATEC is one of the better performing stocks in the market, outperforming 97% of all stocks. We also observe that the gains produced by ATEC over the past year are nicely spread over this period.
ATEC is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry. ATEC outperforms 98% of them.
ATEC is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ATEC has a been trading in the 10.11 - 16.46 range, which is quite wide. It is currently trading near the high of this range.
ATEC has an average volume of 2199910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although ATEC has an excellent technical rating, the quality of the presented setup is not ideal 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
10.07
16.30
When analyzing the support we can see 5 important areas.
- A support zone ranging from 15.56 to 15.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @11.16 from a trend line in the weekly time frame.
- Support @10.82 from a trend line in the weekly time frame.
- A support zone ranging from 10.48 to 10.61. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @10.17 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 16.14 to 16.14. 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 ATEC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ATEC is up. |
| ChartMill Relative Strength | 97.03 | POSITIVE | ATEC has a high relative strength, it outperformed 97.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ATEC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ATEC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ATEC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 77.4 | OVERBOUGHT | The high RSI value suggests ATEC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ATEC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.3 | OVERBOUGHT | The high Stochastics value suggests ATEC may be overbought. |
| Average True Range in percent/ATR (20) | 4.11 | MEDIUM VOLATILITY | The ATR as a percentage value for ATEC suggests some volalility. |
| Average Directional Index/ADX (14) | 43.01 | POSITIVE | The high ADX value value for ATEC 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)
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 |
|---|---|---|---|
| 16.15 | 15.55 | 0.60 (3.72%) | 25.00% |
| An entry @16.15. This is a Buy Stop order right above the resistance zone. | An exit @15.55. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.60 points, which is 3.72%. | For a 0.93% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ATEC. Please evaluate whether better entry and exit points can be found.
- 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.
16.135
+0.21 (+1.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg1.29%
1 Week2.77%
2 Weeks7.78%
1 Month49.12%
3 Month29.6%
6 Month52.07%
12 Month181.1%
2 Year-1.31%
3 Year112.58%
5 Year169.37%
10 Year135.89%
15 Year-34.73%
Volatility
ATR(14)0.48
ATR(20)%4.11%
ATR Inc-37.61%
Range Today0.62
ADR(20)0.6
ADR(20)%3.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.03
Mansfield4.52
10 Day High16.47
10 Day Low14.75
20 Day High16.47
20 Day Low10.11
52 Week High16.47
52 Week Low4.88
CS1 End15.77
CR1 Start16.14
Volume & EV
DER(3)6.16%
DER(5)2.75%
Volume2.49M
Volume Incr-38.38%
Vol(5)1.89M
Vol(50)2.20M