ATRION CORPORATION (ATRI) Stock Technical Analysis
NASDAQ:ATRI - Nasdaq - US0499041053 - Common Stock - Currency: USD
Overall ATRI gets a technical rating of 6 out of 10. Although ATRI is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
68% of all other stocks performed better in the past year than ATRI.
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 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.
ATRI is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry, ATRI did better than 63% of them.
In the last month ATRI has a been trading in a tight range between 457.50 and 460.26.
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. 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.
More info and screens
391.05
469.91
We found 2 important support areas.
- 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.
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. |
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)
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 trade has a worst case loss of 1.78 points, which is 0.39%. | For a 0.10% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
NASDAQ:ATRI (8/20/2024, 8:22:19 PM)
459.92
+0.26 (+0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.06%
1 Week0.1%
2 Weeks0.31%
1 Month0.48%
3 Month-0.65%
6 Month31.29%
12 Month0.88%
2 Year-23.85%
3 Year-33.73%
5 Year-40.82%
10 Year43.73%
15 Year235.71%
Volatility
ATR(14)0.67
ATR(20)%0.14%
ATR Inc-25.25%
Range Today0.51
ADR(20)0.58
ADR(20)%0.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.72
Mansfield0.12
10 Day High460.26
10 Day Low458.5
20 Day High460.26
20 Day Low457.5
52 Week High503.24
52 Week Low274.98
CS1 End459.27
CR1 Start465.26
Volume & EV
DER(3)-0.23%
DER(5)-0.47%
Volume29.70K
Volume Incr-8.74%
Vol(5)20.98K
Vol(50)24.82K