ATRION CORPORATION (ATRI)

US0499041053 - Common Stock

426.88  +3.59 (+0.85%)

After market: 426.88 0 (0%)

Technical Rating and Analysis

6

Overall ATRI gets a technical rating of 6 out of 10. In the last year, ATRI was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

When comparing the yearly performance of all stocks, ATRI is a bad performer in the overall market: 64% of all stocks are doing better.
Warning: ATRI has an average volume of 24699 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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.
ATRI is an average performer in the Health Care Equipment & Supplies industry, it outperforms 69% of 192 stocks in the same industry.
ATRI 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 ATRI is lagging the market slightly.
In the last month ATRI has a been trading in the 381.31 - 448.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
ATRI Weekly chart
ATRI Daily chart
Setup Rating and Analysis

8

Although the technical rating is only medium, ATRI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 443.78. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 410.62, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

338.73

682.66

We found 4 important support areas.

  • A support zone ranging from 395.00 to 410.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 381.08 to 381.09. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @350.75 from a trend line in the weekly time frame.
  • Support @342.15 from a trend line in the daily time frame.

We can see 3 important resistance areas.

  • A resistance zone ranging from 443.78 to 450.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 460.00 to 463.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @675.90 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.22
Mansfield-0.93
10 Day High428
10 Day Low381.31
20 Day High448.48
20 Day Low381.31
52 Week High602.99
52 Week Low274.98
Performance
1 Week0.63%
2 Weeks7.05%
1 Month5.32%
3 Month26.3%
6 Month26.75%
12 Month-29.88%
2 Year-32.11%
3 Year-31.26%
5 Year-51.67%
10 Year35.35%
15 Year287.37%
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)
Technical Indicators
MACD(12,26,9)1.74
RSI(14)55.13
LBB382.01
UBB430.48
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
450.13394.9955.14 (12.25%)8.16%
An entry @450.13. This is a Buy Stop order right above the resistance zone.An exit @394.99. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 55.14 points, which is 12.25%.When investing 8.16% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ATRI Daily chart

ATRION CORPORATION

NASDAQ:ATRI (5/1/2024, 3:30:01 PM)

After market: 426.88 0 (0%)

426.88

+3.59 (+0.85%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.85%
1 Week0.63%
2 Weeks7.05%
1 Month5.32%
3 Month26.3%
6 Month26.75%
12 Month-29.88%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)18.93
ATR(20)%4.78%
ATR Inc
Range Today12.99
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High428
10 Day Low381.31
20 Day High448.48
20 Day Low381.31
52 Week High602.99
52 Week Low274.98
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume37.05K
Volume Incr-3.8%
Vol(5)29.99K
Vol(50)24.70K