AVENUE THERAPEUTICS INC (ATXI) Stock Technical Analysis
NASDAQ:ATXI - Nasdaq - US05360L4032 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to ATXI. ATXI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
100% of all other stocks performed better in the past year than ATXI.
ATXI is part of the Pharmaceuticals industry. There are 195 other stocks in this industry, of which 89% are performing better than ATXI.
ATXI is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month ATXI has a been trading in the 0.39 - 1.44 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Considerably lower volume is observed in the last couple of days.
The technical rating of ATXI is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
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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 | DOWN | NEGATIVE | The long term trend for ATXI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ATXI is down. |
| ChartMill Relative Strength | 0.76 | NEGATIVE | ATXI has a low relative strength, it was outperformed by 99.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ATXI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ATXI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ATXI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 17.81 | OVERSOLD | The low RSI value suggests ATXI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ATXI has a negative trend. |
| Stochastics (14,3) | 11.83 | OVERSOLD | The low Stochastics value suggests ATXI may be oversold. |
| Average True Range in percent/ATR (20) | 26.51 | HIGH VOLATILITY | The high ATR as a percentage value for ATXI suggests high volalility. |
| Average Directional Index/ADX (14) | 35.89 | POSITIVE | The high ADX value value for ATXI 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)
0.42
-0.43 (-50.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-50.71%
1 Week-56.7%
2 Weeks-58%
1 Month-69.78%
3 Month-76.27%
6 Month-82.93%
12 Month-96.3%
2 Year-99.52%
3 Year-99.92%
5 Year-100%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%26.51%
ATR Inc242.24%
Range Today0.16
ADR(20)0.09
ADR(20)%22.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.76
Mansfield-8.69
10 Day High1.07
10 Day Low0.39
20 Day High1.44
20 Day Low0.39
52 Week High12
52 Week Low0.39
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)6.2%
DER(5)-1.95%
Volume1.16M
Volume Incr376.34%
Vol(5)315.34K
Vol(50)506.80K