ALPHATEC HOLDINGS INC (ATEC) Stock Technical Analysis
USA - NASDAQ:ATEC - US02081G2012 - Common Stock
15.67 USD
+0.17 (+1.1%)
15.8537 USD
+0.18 (+1.17%)
We assign a technical rating of 8 out of 10 to ATEC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ATEC 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, ATEC did better than 97% of all other stocks.
ATEC is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 99% of 190 stocks in the same industry.
ATEC is currently trading near its 52 week high, which is a good sign. 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 13.13 - 15.87 range, which is quite wide. It is currently trading near the high of this range.
ATEC has an average volume of 1946640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ATEC has an excellent technical rating, it does not offer a high quality setup 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
10.97
16.95
5 important support areas can be observed.
- A support zone ranging from 14.31 to 14.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.55 from a trend line in the daily time frame.
- Support @12.36 from a trend line in the weekly time frame.
- Support @11.42 from a trend line in the weekly time frame.
- Support @11.08 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 16.40 to 16.78. 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 | 97.26 | POSITIVE | ATEC has a high relative strength, it outperformed 97.26% 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) | DOWN | MIXED | The current price of ATEC is above a declining 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) | 63.03 | NEUTRAL | The RSI value for ATEC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests ATEC has a positive trend. |
| Stochastics (14,3) | 93.11 | OVERBOUGHT | The high Stochastics value suggests ATEC may be overbought. |
| Average True Range in percent/ATR (20) | 3.87 | MEDIUM VOLATILITY | The ATR as a percentage value for ATEC suggests some volalility. |
| Average Directional Index/ADX (14) | 28.42 | 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)
15.67
+0.17 (+1.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg1.1%
1 Week12.01%
2 Weeks11.77%
1 Month3.02%
3 Month44.82%
6 Month36.14%
12 Month198.48%
2 Year70.7%
3 Year53.03%
5 Year83.49%
10 Year273.1%
15 Year-40.1%
Volatility
ATR(14)0.61
ATR(20)%3.87%
ATR Inc-12.58%
Range Today0.53
ADR(20)0.6
ADR(20)%3.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.26
3 months CRS94.27
6 months CRS81.96
Mansfield2.08
10 Day High15.87
10 Day Low13.13
20 Day High15.87
20 Day Low13.13
52 Week High16.7
52 Week Low5.19
CS1 End14.47
CR1 Start16.4
Volume & EV
DER(3)6.81%
DER(5)5.04%
Volume2.00M
Volume Incr25.26%
Vol(5)2.27M
Vol(50)1.95M