ATNF Technical Analysis - 180 LIFE SCIENCES CORP

Technical Rating and Analysis

Overall ATNF 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, ATNF is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.

ATNF is one of the better performing stocks in the Biotechnology industry, it outperforms 99% of 538 stocks in the same industry.

Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.

ATNF has an average volume of 10196000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

When comparing the yearly performance of all stocks, we notice that ATNF is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this overall good ranking is mostly due to the recent strong move.

ATNF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ATNF is lagging the market.

In the last month ATNF has a been trading in the 1.80 - 17.46 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

180 LIFE SCIENCES CORP / ATNF Weekly stock chart

180 LIFE SCIENCES CORP / ATNF Daily stock chart

Setup Rating and Analysis

Although ATNF has an excellent technical rating, it does not present a decent entry opportunity 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

6.97

7.11

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Technical Indicator Signal Analysis

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 ATNF is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for ATNF is up.
ChartMill Relative Strength	99.56	POSITIVE	ATNF has a high relative strength, it outperformed 99.56% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of ATNF is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of ATNF is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of ATNF is above the rising SMA(200).
Relative Strength Index/RSI (14)	63.18	NEUTRAL	The RSI value for ATNF is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.49	POSITIVE	The MACD value suggests ATNF has a positive trend, although the MACD value is declining.
Stochastics (14,3)	39.8	NEUTRAL	The Stochastics value for ATNF is a neutral value.
Average True Range in percent/ATR (20)	26.33	HIGH VOLATILITY	The high ATR as a percentage value for ATNF suggests high volalility.
Average Directional Index/ADX (14)	60.7	POSITIVE	The high ADX value value for ATNF suggests a strong trend.