APTARGROUP INC (ATR) Technical Analysis
NYSE:ATR • US0383361039
Current stock price
ATR Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to ATR. ATR'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, ATR is a bad performer in the overall market: 74% of all stocks are doing better.
- ATR is one of the lesser performing stocks in the Containers & Packaging industry. 61% of 22 stocks in the same industry do better.
- ATR is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- ATR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ATR is lagging the market slightly.
ATR Weekly and Daily overview Charts
ATR Setup Rating and Analysis
ATR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 126.02. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 121.82, a Stop Loss order could be placed below this zone.
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ATR Support and Resistance Analysis
116.82
When analyzing the support we can see 2 important areas.
- A support zone ranging from 121.39 to 121.82. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @118.00 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 126.02 to 128.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 142.63 to 144.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @158.30 from a horizontal line in the weekly time frame.
ATR 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 ATR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ATR is down. |
| ChartMill Relative Strength | 26.75 | NEGATIVE | ATR has a low relative strength, it was outperformed by 73.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ATR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ATR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ATR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.29 | NEUTRAL | The RSI value for ATR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests ATR has a positive trend. |
| Stochastics (14,3) | 51.71 | NEUTRAL | The Stochastics value for ATR is a neutral value. |
| Average True Range in percent/ATR (20) | 3 | MEDIUM VOLATILITY | The ATR as a percentage value for ATR suggests some volalility. |
| Average Directional Index/ADX (14) | 34.02 | POSITIVE | The high ADX value value for ATR suggests a strong trend. |
ATR Chart- and CandleStick Pattern Analysis
ATR Technicals: Chart, Performance Metrics, Trend & Indicators
126.01
-0.74 (-0.58%)
APTARGROUP INC / ATR TA FAQ
Can you provide the ChartMill technical rating for APTARGROUP INC?
ChartMill assigns a technical rating of 1 / 10 to ATR.
What is the trend direction for ATR stock?
The current trend direction for APTARGROUP INC (ATR) is Bearish.
Can you provide the RSI signal for APTARGROUP INC?
APTARGROUP INC (ATR) has an RSI value of 44.2903. This indicates that the stock is currently neutral.
What is the buy/sell signal for ATR stock?
The buy/sell signal for APTARGROUP INC (ATR) is sell as both the short term and long term trends are negative.
What is the support and resistance level for ATR stock?
APTARGROUP INC (ATR) has a support level at 121.82 and a resistance level at 126.02. Check the full technical report for our detailed analysis of ATR support and resistance levels.