APTARGROUP INC (ATR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ATR - US0383361039 - Common Stock
Overall ATR gets a technical rating of 0 out of 10. 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.
Although the technical rating is bad, ATR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 121.53. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 120.58, a Stop Loss order could be placed below this zone.
More info and screens
117.65
We found 1 important support area.
- A support zone ranging from 118.84 to 120.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 121.53 to 121.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 125.56 to 128.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @134.14 from a horizontal line in the daily time frame.
- Resistance @152.38 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 | DOWN | NEGATIVE | The short term trend for ATR is down. |
| ChartMill Relative Strength | 16.37 | NEGATIVE | ATR has a low relative strength, it was outperformed by 83.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ATR is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ATR is below 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) | 49.02 | NEUTRAL | The RSI value for ATR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.8 | POSITIVE | The MACD value suggests ATR has a positive trend. |
| Stochastics (14,3) | 82.5 | OVERBOUGHT | The high Stochastics value suggests ATR may be overbought. |
| Average True Range in percent/ATR (20) | 3.17 | MEDIUM VOLATILITY | The ATR as a percentage value for ATR suggests some volalility. |
| Average Directional Index/ADX (14) | 44.89 | POSITIVE | The high ADX value value for ATR suggests a strong trend. |
121.52
+2.94 (+2.48%)
APTARGROUP INC / ATR FAQ
Can you provide the ChartMill technical rating for APTARGROUP INC?
ChartMill assigns a technical rating of 0 / 10 to ATR.
Can you provide the trend direction for APTARGROUP INC?
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 49.0208. This indicates that the stock is currently neutral.
What is the MACD signal for ATR stock?
The MACD indicator for APTARGROUP INC (ATR) has a value of 0.795899, indicating a bearish trend.
What are the support and resistance levels for APTARGROUP INC (ATR) stock?
APTARGROUP INC (ATR) has a support level at 120.58 and a resistance level at 121.53. Check the full technical report for our detailed analysis of ATR support and resistance levels.