NASDAQ:ATRC - Nasdaq - US04963C2098 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to ATRC. ATRC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
ATRC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 31.84. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 29.56, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ATRC in the last couple of days, which is a good sign.
28.78
We found 1 important support area.
When analyzing the resistance we notice 3 important 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 | DOWN | NEGATIVE | The long term trend for ATRC is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ATRC is neutral. |
ChartMill Relative Strength | 76.86 | POSITIVE | ATRC has a high relative strength, it outperformed 76.86% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ATRC is above a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of ATRC is below 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) | 51.93 | NEUTRAL | The RSI value for ATRC is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests ATRC has a positive trend. |
Stochastics (14,3) | 53.74 | NEUTRAL | The Stochastics value for ATRC is a neutral value. |
Average True Range in percent/ATR (20) | 3.36 | MEDIUM VOLATILITY | The ATR as a percentage value for ATRC suggests some volalility. |
Average Directional Index/ADX (14) | 16.06 | NEGATIVE | The low ADX value for ATRC suggests a weak or negative trend. |
31.5
+1.33 (+4.41%)