APTARGROUP INC (ATR) 105.1 +1.79 (+1.73%)
105.1 +1.79 (+1.73%)
US0383361039 - Common Stock
Technical Rating
We assign a technical rating of 6 out of 10 to ATR. ATR has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Statistics
Support/Resistance Analysis
92.44
- A support zone ranging from 99.40 to 99.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 93.37 to 94.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @105.90 from a trend line in the daily time frame.
- A resistance zone ranging from 108.79 to 108.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 111.08 to 112.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
Setup Analysis
Setup Rating
ATR has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 105.03. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for ATR in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Possible Trading Setup
Given the decent technical rating and the setup score, we can suggest the following trade.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 105.91 | 102.92 | 2.99 (2.82%) | 25.00% |
| An entry @105.91. This is a Buy Stop order right above the resistance zone. | An exit @102.92. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.99 points, which is 2.82%. | For a 0.71% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ATR. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
APTARGROUP INC105.1
NYSE:ATR (11/30/2022, 1:40:45 PM)+1.79 (+1.73%)
| GICS Sector | Materials | ||
| GICS Industry | Containers & Packaging | ||
| Today | 1.73% | 1 Week | -1.74% |
| 2 Weeks | -1.04% | 1 Month | 4.2% |
| 3 Month | 1.85% | 6 Month | -5.05% |
| ATR(14) | 2.05 | ATR(20)% | 2.19% |
| ATR Inc | -7.29% | Range Today | 3.6 |
| ST Trend | LT Trend | ||
| SMA(5) | SMA(10) | ||
| SMA(20) | SMA(50) | ||
| SMA(100) | SMA(200) |
| CRS | 56.78 | Mansfield | -0.08 |
| 10 Day High | 107.01 | 10 Day Low | 102.93 |
| 20 Day High | 107.01 | 20 Day Low | 92.55 |
| 52 Week High | 124.14 | 52 Week Low | 90.23 |
| CS1 End | 99.72 | CR1 Start | 105.03 |
| DER(3) | 5.27% | DER(5) | 3.11% |
| Volume | 85.97K | Volume Incr | -19.68% |
| Vol(5) | 198.10K | Vol(50) | 241.21K |
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