ATRICURE INC (ATRC) Stock Technical Analysis
USA - NASDAQ:ATRC - US04963C2098 - Common Stock
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.
ATRC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
28.78
When analyzing the support we can see 3 important areas.
- A support zone ranging from 32.33 to 32.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @31.71 from a trend line in the daily time frame.
- A support zone ranging from 29.07 to 29.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 37.10 to 37.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 27.93 | NEGATIVE | ATRC has a low relative strength, it was outperformed by 72.07% 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) | 44.36 | NEUTRAL | The RSI value for ATRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests ATRC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.25 | NEUTRAL | The Stochastics value for ATRC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.2 | HIGH VOLATILITY | The high ATR as a percentage value for ATRC suggests high volalility. |
| Average Directional Index/ADX (14) | 30.64 | POSITIVE | The high ADX value value for ATRC suggests a strong trend. |
33.12
+0.22 (+0.67%)
ATRICURE INC / ATRC FAQ
What is the technical rating for ATRC stock?
ChartMill assigns a technical rating of 0 / 10 to ATRC.
What is the current trend direction of ATRICURE INC (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 44.3608. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ATRICURE INC?
The MACD indicator for ATRICURE INC (ATRC) has a value of -0.0816431, indicating a bearish trend.
What are the support and resistance levels for ATRICURE INC (ATRC) stock?
ATRICURE INC (ATRC) has a support level at 32.43 and a resistance level at 37.1. Check the full technical report for our detailed analysis of ATRC support and resistance levels.