ATOSSA THERAPEUTICS INC (ATOS) Stock Technical Analysis
NASDAQ:ATOS - US04962H5063 - Common Stock
0.7775 USD
+0.03 (+4.5%)
0.77 USD
-0.01 (-0.96%)
Taking everything into account, ATOS scores 0 out of 10 in our technical rating. ATOS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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, ATOS is a bad performer in the overall market: 93% of all stocks are doing better.
ATOS is one of the lesser performing stocks in the Biotechnology industry. 69% of 547 stocks in the same industry do better.
ATOS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ATOS has a been trading in the 0.73 - 0.98 range, which is quite wide. It is currently trading near the lows of this range.
ATOS has an average volume of 1269190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, ATOS does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.79. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.77, a Stop Loss order could be placed below this zone.
More info and screens
0.73
0.95
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.77 to 0.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.74 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 0.79 to 0.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.82 to 0.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.88 from a trend line in the daily time frame.
- A resistance zone ranging from 0.91 to 0.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.94 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for ATOS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ATOS is down. |
| ChartMill Relative Strength | 7.9 | NEGATIVE | ATOS has a low relative strength, it was outperformed by 92.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ATOS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ATOS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ATOS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.52 | NEUTRAL | The RSI value for ATOS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ATOS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.58 | OVERSOLD | The low Stochastics value suggests ATOS may be oversold. |
| Average True Range in percent/ATR (20) | 5.43 | HIGH VOLATILITY | The high ATR as a percentage value for ATOS suggests high volalility. |
| Average Directional Index/ADX (14) | 9.82 | NEGATIVE | The low ADX value for ATOS suggests a weak or negative 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)
0.7775
+0.03 (+4.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg4.5%
1 Week0.13%
2 Weeks-1.21%
1 Month-7.43%
3 Month-6.52%
6 Month-2.23%
12 Month-45.25%
2 Year-1.57%
3 Year-15.58%
5 Year-69.51%
10 Year-93.44%
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%5.43%
ATR Inc0.58%
Range Today0.05
ADR(20)0.04
ADR(20)%5.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.9
Mansfield-2.86
10 Day High0.8
10 Day Low0.73
20 Day High0.98
20 Day Low0.73
52 Week High1.66
52 Week Low0.55
CS1 End0.77
CR1 Start0.79
Volume & EV
DER(3)-13.76%
DER(5)-11.38%
Volume472.00K
Volume Incr-61.44%
Vol(5)518.04K
Vol(50)1.27M