ATRICURE INC (ATRC) Technical Analysis
NASDAQ:ATRC • US04963C2098
Current stock price
ATRC Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to ATRC. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 86% of all other stocks performed better in the past year than ATRC.
- ATRC is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month ATRC has a been trading in the 27.26 - 31.13 range, which is quite wide. It is currently trading near the lows of this range.
- ATRC is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry, ATRC did better than 43% of them.
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. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 28.22, a Stop Loss order could be placed below this zone.
More info and screens
ATRC Support and Resistance Analysis
27.77
We found 1 important support area.
- A support zone ranging from 28.05 to 28.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 28.29 to 28.56. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @30.04 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 | 14.2 | NEGATIVE | ATRC has a low relative strength, it was outperformed by 85.8% 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) | 37.9 | NEUTRAL | The RSI value for ATRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests ATRC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 26.22 | NEUTRAL | The Stochastics value for ATRC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.23 | MEDIUM VOLATILITY | The ATR as a percentage value for ATRC suggests some volalility. |
| Average Directional Index/ADX (14) | 26.45 | 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
28.23
+0.18 (+0.64%)
ATRICURE INC / ATRC TA FAQ
What is the technical rating for ATRC stock?
ChartMill assigns a technical rating of 0 / 10 to ATRC.
Can you provide the trend direction for ATRICURE INC?
The current trend direction for ATRICURE INC (ATRC) is Bearish.
What is the RSI signal for ATRICURE INC (ATRC) stock?
ATRICURE INC (ATRC) has an RSI value of 37.9043. This indicates that the stock is currently neutral.
What is the MACD signal for ATRC stock?
The MACD indicator for ATRICURE INC (ATRC) has a value of 0.0955239, indicating a bearish trend.
What is the short term momentum for ATRC stock?
The short term momentum for ATRICURE INC (ATRC) is negative.