ATRICURE INC (ATRC) Technical Analysis
NASDAQ:ATRC • US04963C2098
Current stock price
ATRC Technical Rating and Analysis
Taking everything into account, ATRC scores 0 out of 10 in our technical rating. ATRC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, ATRC is a bad performer in the overall market: 82% of all stocks are doing better.
- ATRC is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ATRC is lagging the market.
- ATRC 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.
- ATRC is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry, ATRC did better than 50% of them.
- Considerably lower volume is observed in the last couple of days.
ATRC Weekly and Daily overview Charts
ATRC Setup Rating and Analysis
ATRC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 28.87, a Stop Loss order could be placed below this zone.
More info and screens
ATRC Support and Resistance Analysis
28.56
We found 1 important support area.
- A support zone ranging from 28.85 to 28.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 29.49 to 30.04. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @37.54 from a horizontal line in the daily time frame.
ATRC 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 ATRC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ATRC is down. |
| ChartMill Relative Strength | 18.39 | NEGATIVE | ATRC has a low relative strength, it was outperformed by 81.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ATRC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ATRC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ATRC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.9 | NEUTRAL | The RSI value for ATRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests ATRC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 39.48 | NEUTRAL | The Stochastics value for ATRC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.45 | MEDIUM VOLATILITY | The ATR as a percentage value for ATRC suggests some volalility. |
| Average Directional Index/ADX (14) | 30.65 | POSITIVE | The high ADX value value for ATRC suggests a strong trend. |
ATRC Chart- and CandleStick Pattern Analysis
ATRC Technicals: Chart, Performance Metrics, Trend & Indicators
28.88
-1.16 (-3.86%)
ATRICURE INC / ATRC TA FAQ
What is the technical rating for ATRC stock?
ChartMill assigns a technical rating of 0 / 10 to ATRC.
What is the trend direction for ATRC stock?
The current trend direction for ATRICURE INC (ATRC) is Bearish.
What is the RSI signal for ATRC stock?
ATRICURE INC (ATRC) has an RSI value of 36.9037. This indicates that the stock is currently neutral.
What is the short term momentum for ATRICURE INC (ATRC) stock?
The short term momentum for ATRICURE INC (ATRC) is negative.
What is the buy/sell signal for ATRC stock?
The buy/sell signal for ATRICURE INC (ATRC) is sell as both the short term and long term trends are negative.