ATOSSA THERAPEUTICS INC (ATOS) Stock Technical Analysis
NASDAQ:ATOS - Nasdaq - US04962H5063 - Common Stock - Currency: USD
Overall ATOS gets a technical rating of 3 out of 10. ATOS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, ATOS is a bad performer in the overall market: 73% of all stocks are doing 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.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
ATOS is part of the Biotechnology industry. There are 557 other stocks in this industry, ATOS did better than 65% of them.
In the last month ATOS has a been trading in the 0.73 - 0.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, ATOS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for ATOS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.74
1.13
We found 3 important support areas.
- A support zone ranging from 0.82 to 0.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.77 from a horizontal line in the weekly time frame.
- Support @0.75 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 0.86 to 0.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.92 to 0.93. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @0.97 from a horizontal line in the weekly time frame.
- Resistance @1.06 from a horizontal line in the daily time frame.
- Resistance @1.12 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for ATOS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ATOS is neutral. |
| ChartMill Relative Strength | 27.43 | NEGATIVE | ATOS has a low relative strength, it was outperformed by 72.57% 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) | UP | POSITIVE | The current price of ATOS is above the rising 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) | 50.07 | NEUTRAL | The RSI value for ATOS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ATOS has a negative trend. |
| Stochastics (14,3) | 57.41 | NEUTRAL | The Stochastics value for ATOS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.88 | HIGH VOLATILITY | The high ATR as a percentage value for ATOS suggests high volalility. |
| Average Directional Index/ADX (14) | 19.41 | 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)
0.8511
+0.02 (+2.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg2.48%
1 Week-6.89%
2 Weeks-1.81%
1 Month-12.27%
3 Month12.91%
6 Month-11.68%
12 Month-24.68%
2 Year-32.45%
3 Year-21.92%
5 Year-77.6%
10 Year-94.98%
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%6.88%
ATR Inc-18.63%
Range Today0.05
ADR(20)0.06
ADR(20)%6.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.43
Mansfield-2.42
10 Day High0.93
10 Day Low0.81
20 Day High0.99
20 Day Low0.73
52 Week High1.66
52 Week Low0.55
CS1 End0.82
CR1 Start0.86
Volume & EV
DER(3)3%
DER(5)3.02%
Volume592.30K
Volume Incr-9.75%
Vol(5)681.58K
Vol(50)720.66K