ATRION CORPORATION (ATRI) Technical Analysis
NASDAQ:ATRI • US0499041053
Current stock price
ATRI Technical Rating and Analysis
Taking everything into account, ATRI scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, ATRI is a bad performer.
- When comparing the yearly performance of all stocks, ATRI is a bad performer in the overall market: 68% of all stocks are doing better.
- Warning: ATRI has an average volume of 24818 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- ATRI is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry. ATRI outperforms 71% of them.
- ATRI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ATRI is performing more or less in line with the market.
- In the last month ATRI has a been trading in a tight range between 457.50 and 460.26.
ATRI Weekly and Daily overview Charts
ATRI Setup Rating and Analysis
ATRI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 459.27, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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.
More info and screens
ATRI Support and Resistance Analysis
391.05
2 important support areas can be observed.
- A support zone ranging from 449.99 to 459.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @395.00 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @465.26 from a horizontal line in the weekly time frame.
ATRI 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 | UP | POSITIVE | The long term trend for ATRI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ATRI is up. |
| ChartMill Relative Strength | 32.72 | NEUTRAL | ATRI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ATRI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ATRI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ATRI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.49 | NEUTRAL | The RSI value for ATRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests ATRI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 89.36 | OVERBOUGHT | The high Stochastics value suggests ATRI may be overbought. |
| Average True Range in percent/ATR (20) | 0.14 | LOW VOLATILITY | The low ATR as a percentage value for ATRI suggests low volalility. |
| Average Directional Index/ADX (14) | 38.18 | POSITIVE | The high ADX value value for ATRI suggests a strong trend. |
ATRI Chart- and CandleStick Pattern Analysis
ATRI 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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 460.27 | 458.49 | 1.78 (0.39%) | 25.00% |
| An entry @460.27. This is a Buy Stop order right above the 10 day high. | An exit @458.49. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.78 points, which is 0.39%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.10%. |
- 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 Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:ATRI (8/20/2024, 8:22:19 PM)
459.92
+0.26 (+0.06%)
ATRION CORPORATION / ATRI TA FAQ
What is the ChartMill technical rating of ATRION CORPORATION (ATRI) stock?
ChartMill assigns a technical rating of 6 / 10 to ATRI.
What is the trend direction for ATRI stock?
The current trend direction for ATRION CORPORATION (ATRI) is Bullish.
What is the RSI signal for ATRION CORPORATION (ATRI) stock?
ATRION CORPORATION (ATRI) has an RSI value of 64.4945. This indicates that the stock is currently neutral.
What is the MACD signal for ATRION CORPORATION (ATRI) stock?
The MACD indicator for ATRION CORPORATION (ATRI) has a value of -0.0624135, indicating a bearish trend.
Can you provide the buy/sell signal for ATRION CORPORATION?
The buy/sell signal for ATRION CORPORATION (ATRI) is buy as both the short term and long term trends are positive.