AVENUE THERAPEUTICS INC (ATXI) Technical Analysis
NASDAQ:ATXI • US05360L4032
Current stock price
ATXI Technical Rating and Analysis
Overall ATXI gets a technical rating of 0 out of 10. ATXI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than ATXI.
- ATXI is part of the Pharmaceuticals industry. There are 192 other stocks in this industry, of which 86% are performing better than ATXI.
- ATXI is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so ATXI is lagging the market.
- 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.
ATXI Weekly and Daily overview Charts
ATXI Setup Rating and Analysis
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
ATXI Support and Resistance Analysis
ATXI 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 | 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. |
ATXI Chart- and CandleStick Pattern Analysis
ATXI Technicals: Chart, Performance Metrics, Trend & Indicators
0.42
-0.43 (-50.71%)
AVENUE THERAPEUTICS INC / ATXI TA FAQ
What is the ChartMill technical rating of AVENUE THERAPEUTICS INC (ATXI) stock?
ChartMill assigns a technical rating of 0 / 10 to ATXI.
What is the trend direction for ATXI stock?
The current trend direction for AVENUE THERAPEUTICS INC (ATXI) is Bearish.
What is the RSI signal for ATXI stock?
AVENUE THERAPEUTICS INC (ATXI) has an RSI value of 17.8073. This indicates that the stock is currently oversold.
Can you provide the short term momentum for AVENUE THERAPEUTICS INC?
The short term momentum for AVENUE THERAPEUTICS INC (ATXI) is negative.