ALTERITY THERAPEUTICS-ADR (ATHE) Stock Technical Analysis
NASDAQ:ATHE - Nasdaq - US02155X2053 - ADR - Currency: USD
Overall ATHE gets a technical rating of 9 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, ATHE is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
ATHE is part of the Biotechnology industry. There are 558 other stocks in this industry. ATHE outperforms 95% of them.
ATHE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ATHE is lagging the market slightly.
In the last month ATHE has a been trading in the 3.77 - 5.51 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.
Looking at the yearly performance, ATHE did better than 96% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ATHE 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
3.65
5.05
When analyzing the support we can see 4 important areas.
- A support zone ranging from 4.21 to 4.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.96 from a trend line in the daily time frame.
- Support @3.79 from a horizontal line in the daily time frame.
- Support @3.69 from a trend 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 | UP | POSITIVE | The long term trend for ATHE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ATHE is up. |
| ChartMill Relative Strength | 96.97 | POSITIVE | ATHE has a high relative strength, it outperformed 96.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ATHE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ATHE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ATHE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.66 | NEUTRAL | The RSI value for ATHE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests ATHE has a positive trend. |
| Stochastics (14,3) | 56.32 | NEUTRAL | The Stochastics value for ATHE is a neutral value. |
| Average True Range in percent/ATR (20) | 8.05 | HIGH VOLATILITY | The high ATR as a percentage value for ATHE suggests high volalility. |
| Average Directional Index/ADX (14) | 28.96 | POSITIVE | The high ADX value value for ATHE 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)
5
+0.39 (+8.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg8.46%
1 Week8.93%
2 Weeks20.48%
1 Month15.21%
3 Month42.86%
6 Month46.2%
12 Month177.93%
2 Year72.41%
3 Year-17.08%
5 Year-65.75%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%8.05%
ATR Inc46.36%
Range Today0.62
ADR(20)0.34
ADR(20)%6.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.97
Mansfield6.13
10 Day High5.51
10 Day Low3.77
20 Day High5.51
20 Day Low3.77
52 Week High5.87
52 Week Low1
CS1 End4.26
CR1 StartN/A
Volume & EV
DER(3)0.29%
DER(5)1.1%
Volume302.90K
Volume Incr59.73%
Vol(5)98.00K
Vol(50)49.72K