ASTRIA THERAPEUTICS INC (ATXS) Stock Technical Analysis
USA - NASDAQ:ATXS - US04635X1028 - Common Stock
Taking everything into account, ATXS scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ATXS is showing a nice and steady performance.
ATXS has an excellent technical rating and 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 12.64. Right above this resistance zone may be a good entry point.
More info and screens
6.95
3 important support areas can be observed.
- A support zone ranging from 12.41 to 12.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.62 to 7.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.02 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 12.64 to 12.64. 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 ATXS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ATXS is up. |
| ChartMill Relative Strength | 91.3 | POSITIVE | ATXS has a high relative strength, it outperformed 91.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ATXS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ATXS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ATXS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 82.85 | OVERBOUGHT | The high RSI value suggests ATXS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ATXS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 95.79 | OVERBOUGHT | The high Stochastics value suggests ATXS may be overbought. |
| Average True Range in percent/ATR (20) | 3.92 | MEDIUM VOLATILITY | The ATR as a percentage value for ATXS suggests some volalility. |
| Average Directional Index/ADX (14) | 45.57 | POSITIVE | The high ADX value value for ATXS suggests a strong trend. |
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 |
|---|---|---|---|
| 12.65 | 12.40 | 0.25 (1.98%) | 25.00% |
| An entry @12.65. This is a Buy Stop order right above the resistance zone. | An exit @12.40. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.25 points, which is 1.98%. | For a 0.49% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ATXS. Please evaluate whether better entry and exit points can be found.
- 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.
12.63
+0.12 (+0.96%)
ASTRIA THERAPEUTICS INC / ATXS FAQ
Can you provide the ChartMill technical rating for ASTRIA THERAPEUTICS INC?
ChartMill assigns a technical rating of 9 / 10 to ATXS.
What is the current trend direction of ASTRIA THERAPEUTICS INC (ATXS) stock?
The current trend direction for ASTRIA THERAPEUTICS INC (ATXS) is Bullish.
What is the RSI signal for ATXS stock?
ASTRIA THERAPEUTICS INC (ATXS) has an RSI value of 82.8488. This indicates that the stock is currently overbought.
What is the MACD signal for ATXS stock?
The MACD indicator for ASTRIA THERAPEUTICS INC (ATXS) has a value of 0.0147626, indicating a bearish trend.
What is the short term momentum for ASTRIA THERAPEUTICS INC (ATXS) stock?
The short term momentum for ASTRIA THERAPEUTICS INC (ATXS) is positive.