ANTARES PHARMA INC (ATRS) Stock Technical Analysis
NASDAQ:ATRS - Nasdaq - US0366421065 - Common Stock
Overall ATRS gets a technical rating of 9 out of 10. Both in the recent history as in the last year, ATRS has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
ATRS is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 96% of 195 stocks in the same industry.
ATRS is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ATRS is leading the market.
ATRS is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
ATRS has an average volume of 5763880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, ATRS did better than 98% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month ATRS has a been trading in a tight range between 5.54 and 5.60.
Besides having an excellent technical rating, ATRS also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 5.60. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.58, 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
3.31
5.66
We found 3 important support areas.
- A support zone ranging from 5.55 to 5.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.06 from a trend line in the daily time frame.
- A support zone ranging from 3.34 to 3.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.60 to 5.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 ATRS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ATRS is up. |
| ChartMill Relative Strength | 98.01 | POSITIVE | ATRS has a high relative strength, it outperformed 98.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ATRS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ATRS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ATRS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 78.67 | OVERBOUGHT | The high RSI value suggests ATRS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests ATRS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 87.78 | OVERBOUGHT | The high Stochastics value suggests ATRS may be overbought. |
| Average True Range in percent/ATR (20) | 0.3 | LOW VOLATILITY | The low ATR as a percentage value for ATRS suggests low volalility. |
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 |
|---|---|---|---|
| 5.61 | 5.53 | 0.08 (1.43%) | 25.00% |
| An entry @5.61. This is a Buy Stop order right above the resistance zone. | An exit @5.53. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.08 points, which is 1.43%. | For a 0.36% 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.
5.59
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0%
1 Week0.36%
2 Weeks0.54%
1 Month0.54%
3 Month60.17%
6 Month69.39%
12 Month40.81%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.3%
ATR Inc-19.23%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.01
Mansfield5.33
10 Day High5.6
10 Day Low5.54
20 Day High5.6
20 Day Low5.54
52 Week High5.6
52 Week Low3.11
CS1 End5.58
CR1 Start5.6
Volume & EV
DER(3)0.18%
DER(5)0.56%
Volume2.71M
Volume Incr-64.64%
Vol(5)1.97M
Vol(50)5.76M