ATARA BIOTHERAPEUTICS INC (ATRA) Stock Technical Analysis
NASDAQ:ATRA - US0465132068 - Common Stock
12.05 USD
-0.31 (-2.51%)
12.06 USD
+0.01 (+0.08%)
Overall ATRA gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ATRA is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, ATRA did better than 93% of all other stocks.
ATRA is one of the better performing stocks in the Biotechnology industry, it outperforms 86% of 542 stocks in the same industry.
ATRA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ATRA is lagging the market.
In the last month ATRA has a been trading in the 10.32 - 13.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ATRA has an excellent technical rating and also presents 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 12.35. Right above this resistance zone may be a good entry point.
More info and screens
9.55
13.87
We found 3 important support areas.
- A support zone ranging from 11.58 to 11.70. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @10.31 from a horizontal line in the daily time frame.
- Support @9.65 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 12.35 to 12.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.73 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 | UP | POSITIVE | The long term trend for ATRA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ATRA is up. |
| ChartMill Relative Strength | 93.1 | POSITIVE | ATRA has a high relative strength, it outperformed 93.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ATRA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ATRA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ATRA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.38 | NEUTRAL | The RSI value for ATRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ATRA has a negative trend. |
| Stochastics (14,3) | 66.95 | NEUTRAL | The Stochastics value for ATRA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.49 | HIGH VOLATILITY | The high ATR as a percentage value for ATRA suggests high volalility. |
| Average Directional Index/ADX (14) | 25.1 | POSITIVE | The high ADX value value for ATRA suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 12.55 | 11.57 | 0.98 (7.81%) | 12.81% |
| An entry @12.55. This is a Buy Stop order right above the resistance zone. | An exit @11.57. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.98 points, which is 7.81%. | When investing 12.81% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of ATRA. 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.
12.05
-0.31 (-2.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.51%
1 Week-2.35%
2 Weeks-1.95%
1 Month4.33%
3 Month54.49%
6 Month74.38%
12 Month58.55%
2 Year-66.99%
3 Year-87.98%
5 Year-96.42%
10 Year-98.81%
15 YearN/A
Volatility
ATR(14)0.89
ATR(20)%7.49%
ATR Inc-30.22%
Range Today0.74
ADR(20)0.86
ADR(20)%7.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.1
Mansfield1.95
10 Day High13.08
10 Day Low11.2
20 Day High13.08
20 Day Low10.32
52 Week High18.7
52 Week Low5.01
CS1 End11.7
CR1 Start12.35
Volume & EV
DER(3)-1.65%
DER(5)2.5%
Volume36.60K
Volume Incr2.15%
Vol(5)51.86K
Vol(50)53.29K