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. Although ATRC is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
ATRC is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 86% of 188 stocks in the same industry.
In the last month ATRC has a been trading in the 28.29 - 34.22 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, ATRC did better than 87% of all other stocks. However, we also see that ATRC couldn't keep up this performance in the last couple of months.
ATRC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ATRC is lagging the market slightly.
ATRC has an average technical rating and also the quality of the setup is only medium 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.
More info and screens
28.78
42.50
When analyzing the support we can see 5 important areas.
- Support @33.55 from a horizontal line in the weekly time frame.
- A support zone ranging from 32.49 to 33.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @30.98 from a trend line in the weekly time frame.
- Support @30.02 from a horizontal line in the weekly time frame.
- A support zone ranging from 29.07 to 29.30. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 34.66 to 35.09. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @37.71 from a trend line in the weekly time frame.
- 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 | UP | POSITIVE | The short term trend for ATRC is up. |
| ChartMill Relative Strength | 87.03 | POSITIVE | ATRC has a high relative strength, it outperformed 87.03% 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) | DOWN | MIXED | The current price of ATRC is above a declining 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) | 55.51 | NEUTRAL | The RSI value for ATRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests ATRC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.95 | OVERBOUGHT | The high Stochastics value suggests ATRC may be overbought. |
| Average True Range in percent/ATR (20) | 4.59 | 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. |
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)
NASDAQ:ATRC (5/29/2025, 11:43:23 AM)
33.61
+0.07 (+0.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.21%
1 Week-1.5%
2 Weeks6.54%
1 Month-3.2%
3 Month-13.42%
6 Month-7.25%
12 Month48.8%
2 Year-25.42%
3 Year-17.45%
5 Year-29.85%
10 Year46.21%
15 Year557.65%
Volatility
ATR(14)1.25
ATR(20)%4.59%
ATR Inc-16.74%
Range Today0.56
ADR(20)1.36
ADR(20)%4.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.03
Mansfield0.67
10 Day High34.22
10 Day Low31.2
20 Day High34.22
20 Day Low28.29
52 Week High43.11
52 Week Low18.94
CS1 End33
CR1 Start33.55
Volume & EV
DER(3)-0.77%
DER(5)0.08%
Volume61.94K
Volume Incr-46.16%
Vol(5)418.40K
Vol(50)621.71K