Overall ATRC gets a technical rating of 10 out of 10. Both in the recent history as in the last year, ATRC has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although ATRC has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
31.91
We found 4 important support areas.
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 ATRC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ATRC is up. |
| ChartMill Relative Strength | 87.82 | POSITIVE | ATRC has a high relative strength, it outperformed 87.82% 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 | POSITIVE | The current price of ATRC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.61 | OVERBOUGHT | The high RSI value suggests ATRC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.65 | POSITIVE | The MACD value suggests ATRC has a positive trend. |
| Stochastics (14,3) | 94.66 | OVERBOUGHT | The high Stochastics value suggests ATRC may be overbought. |
| Average True Range in percent/ATR (20) | 4.16 | MEDIUM VOLATILITY | The ATR as a percentage value for ATRC suggests some volalility. |
| Average Directional Index/ADX (14) | 30.86 | POSITIVE | The high ADX value value for ATRC suggests a strong trend. |
42.38
+0.97 (+2.34%)
ChartMill assigns a technical rating of 10 / 10 to ATRC.
The current trend direction for ATRICURE INC (ATRC) is Bullish.
ATRICURE INC (ATRC) has an RSI value of 70.6123. This indicates that the stock is currently overbought.
The MACD indicator for ATRICURE INC (ATRC) has a value of 0.649978, indicating a bearish trend.
ATRICURE INC (ATRC) has a support level at 37.54. Check the full technical report for our detailed analysis of ATRC support and resistance levels.