ATOSSA THERAPEUTICS INC (ATOS) Stock Technical Analysis
NASDAQ:ATOS - Nasdaq - US04962H5063 - Common Stock - Currency: USD
Taking everything into account, ATOS scores 7 out of 10 in our technical rating. ATOS has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month ATOS has a been trading in the 0.77 - 0.96 range, which is quite wide. It is currently trading near the high of this range.
ATOS has an average volume of 1048480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, ATOS outperforms 52% of them, which is more or less in line with the market.
ATOS is part of the Biotechnology industry. There are 560 other stocks in this industry, ATOS did better than 65% of them.
ATOS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ATOS is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ATOS has an excellent technical rating, it does not offer a high 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
0.81
1.09
When analyzing the support we can see 3 important areas.
- Support @0.94 from a trend line in the daily time frame.
- A support zone ranging from 0.84 to 0.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.82 to 0.82. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- Resistance @0.98 from a horizontal line in the weekly time frame.
- Resistance @1.06 from a horizontal line in the daily time frame.
- Resistance @1.08 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 | UP | POSITIVE | The short term trend for ATOS is up. |
| ChartMill Relative Strength | 52.58 | NEUTRAL | ATOS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ATOS is above the rising 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) | 63.61 | NEUTRAL | The RSI value for ATOS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ATOS has a positive trend. |
| Stochastics (14,3) | 84.07 | OVERBOUGHT | The high Stochastics value suggests ATOS may be overbought. |
| Average True Range in percent/ATR (20) | 5.08 | HIGH VOLATILITY | The high ATR as a percentage value for ATOS suggests high volalility. |
| Average Directional Index/ADX (14) | 15.22 | 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)
0.9385
+0.05 (+5.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg5.7%
1 Week10.53%
2 Weeks6.96%
1 Month6.89%
3 Month45.26%
6 Month3.85%
12 Month-28.36%
2 Year-14.68%
3 Year-0.28%
5 Year-75.17%
10 Year-93.87%
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%5.08%
ATR Inc43.12%
Range Today0.08
ADR(20)0.05
ADR(20)%4.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.58
Mansfield-1.72
10 Day High0.96
10 Day Low0.81
20 Day High0.96
20 Day Low0.77
52 Week High1.66
52 Week Low0.55
CS1 End0.94
CR1 Start0.98
Volume & EV
DER(3)13.2%
DER(5)3.34%
Volume971.50K
Volume Incr-46.99%
Vol(5)796.18K
Vol(50)1.05M