ATHENEX INC (ATNX) Technical Analysis
NASDAQ:ATNX • US04685N2027
Current stock price
ATNX Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to ATNX. ATNX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, ATNX is a bad performer in the overall market: 100% of all stocks are doing better.
- ATNX is one of the lesser performing stocks in the Biotechnology industry. 93% of 517 stocks in the same industry do better.
- ATNX is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so ATNX is lagging the market.
- In the last month ATNX has a been trading in the 0.20 - 1.47 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
ATNX Weekly and Daily overview Charts
ATNX Setup Rating and Analysis
The technical rating of ATNX is bad and it also does not present a 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
ATNX Support and Resistance Analysis
ATNX 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 | DOWN | NEGATIVE | The long term trend for ATNX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ATNX is down. |
| ChartMill Relative Strength | 0.15 | NEGATIVE | ATNX has a low relative strength, it was outperformed by 99.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ATNX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ATNX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ATNX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 17.17 | OVERSOLD | The low RSI value suggests ATNX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests ATNX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 3.72 | OVERSOLD | The low Stochastics value suggests ATNX may be oversold. |
| Average True Range in percent/ATR (20) | 66.2 | HIGH VOLATILITY | The high ATR as a percentage value for ATNX suggests high volalility. |
| Average Directional Index/ADX (14) | 29.32 | POSITIVE | The high ADX value value for ATNX suggests a strong trend. |
ATNX Chart- and CandleStick Pattern Analysis
ATNX Technicals: Chart, Performance Metrics, Trend & Indicators
0.2031
-0.06 (-23.39%)
ATHENEX INC / ATNX TA FAQ
What is the ChartMill technical rating of ATHENEX INC (ATNX) stock?
ChartMill assigns a technical rating of 0 / 10 to ATNX.
What is the current trend direction of ATHENEX INC (ATNX) stock?
The current trend direction for ATHENEX INC (ATNX) is Bearish.
What is the RSI signal for ATHENEX INC (ATNX) stock?
ATHENEX INC (ATNX) has an RSI value of 17.1704. This indicates that the stock is currently oversold.
What is the MACD signal for ATHENEX INC (ATNX) stock?
The MACD indicator for ATHENEX INC (ATNX) has a value of -0.0698824, indicating a bearish trend.