ATRICURE INC (ATRC) Stock Technical Analysis
NASDAQ:ATRC - Nasdaq - US04963C2098 - Common Stock - Currency: USD
Overall ATRC gets a technical rating of 5 out of 10. In the past year, ATRC was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
ATRC is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 86% of 187 stocks in the same industry.
In the last month ATRC has a been trading in the 28.96 - 33.40 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the yearly performance of all stocks, we notice that ATRC is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
ATRC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ATRC is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ATRC has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
28.78
42.50
We found 1 important support area.
- A support zone ranging from 29.07 to 29.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 34.95 to 35.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @42.08 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for ATRC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ATRC is neutral. |
| ChartMill Relative Strength | 85.38 | POSITIVE | ATRC has a high relative strength, it outperformed 85.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ATRC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ATRC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ATRC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.55 | NEUTRAL | The RSI value for ATRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests ATRC has a positive trend. |
| Stochastics (14,3) | 67.9 | NEUTRAL | The Stochastics value for ATRC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.32 | MEDIUM VOLATILITY | The ATR as a percentage value for ATRC suggests some volalility. |
| Average Directional Index/ADX (14) | 16.91 | NEGATIVE | The low ADX value for ATRC suggests a weak or negative 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)
33.22
+1.72 (+5.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg5.46%
1 Week13.61%
2 Weeks6.13%
1 Month2.91%
3 Month10.66%
6 Month-16.68%
12 Month50.66%
2 Year-39.98%
3 Year-32.77%
5 Year-18.6%
10 Year19.54%
15 Year423.98%
Volatility
ATR(14)1.21
ATR(20)%3.32%
ATR Inc59.48%
Range Today1.99
ADR(20)1.08
ADR(20)%3.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.38
Mansfield-0.56
10 Day High33.4
10 Day Low28.96
20 Day High33.4
20 Day Low28.96
52 Week High43.11
52 Week Low20.2
CS1 End29.57
CR1 Start34.95
Volume & EV
DER(3)2.38%
DER(5)1.83%
Volume1.34M
Volume Incr73.22%
Vol(5)668.94K
Vol(50)459.82K