APTARGROUP INC (ATR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ATR - US0383361039 - Common Stock
We assign a technical rating of 1 out of 10 to ATR. ATR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, ATR does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 124.40. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 122.29, a Stop Loss order could be placed below this zone.
More info and screens
111.99
3 important support areas can be observed.
- A support zone ranging from 120.68 to 122.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @118.00 from a horizontal line in the daily time frame.
- A support zone ranging from 113.12 to 113.12. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 124.40 to 124.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @149.35 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 | DOWN | NEGATIVE | The long term trend for ATR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ATR is neutral. |
| ChartMill Relative Strength | 17.61 | NEGATIVE | ATR has a low relative strength, it was outperformed by 82.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ATR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ATR is above a declining 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) | 51.9 | NEUTRAL | The RSI value for ATR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests ATR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 43.42 | NEUTRAL | The Stochastics value for ATR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.19 | MEDIUM VOLATILITY | The ATR as a percentage value for ATR suggests some volalility. |
| Average Directional Index/ADX (14) | 12.72 | NEGATIVE | The low ADX value for ATR suggests a weak or negative trend. |
122.44
+2 (+1.66%)
APTARGROUP INC / ATR 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.
What is the RSI signal for APTARGROUP INC (ATR) stock?
APTARGROUP INC (ATR) has an RSI value of 51.8967. This indicates that the stock is currently neutral.
Can you provide the MACD signal for APTARGROUP INC?
The MACD indicator for APTARGROUP INC (ATR) has a value of -0.0726909, indicating a bearish trend.
What is the support and resistance level for ATR stock?
APTARGROUP INC (ATR) has a support level at 122.29 and a resistance level at 124.4. Check the full technical report for our detailed analysis of ATR support and resistance levels.