ASTRIA THERAPEUTICS INC (ATXS) Stock Technical Analysis
NASDAQ:ATXS - Nasdaq - US04635X1028 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to ATXS. In the last year, ATXS was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the yearly performance of all stocks, we notice that ATXS is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
ATXS is part of the Biotechnology industry. There are 550 other stocks in this industry, ATXS did better than 69% of them.
ATXS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ATXS is lagging the market.
In the last month ATXS has a been trading in the 5.94 - 7.34 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ATXS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 6.77. Right above this resistance zone may be a good entry point.
More info and screens
6.13
7.84
We found 2 important support areas.
- Support @6.45 from a trend line in the daily time frame.
- A support zone ranging from 6.19 to 6.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 6.77 to 6.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 7.03 to 7.14. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @7.76 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for ATXS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ATXS is up. |
| ChartMill Relative Strength | 77.22 | POSITIVE | ATXS has a high relative strength, it outperformed 77.22% 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) | DOWN | NEGATIVE | The current price of ATXS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.92 | NEUTRAL | The RSI value for ATXS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ATXS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 54.69 | NEUTRAL | The Stochastics value for ATXS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.31 | HIGH VOLATILITY | The high ATR as a percentage value for ATXS suggests high volalility. |
| Average Directional Index/ADX (14) | 16.27 | NEGATIVE | The low ADX value for ATXS suggests a weak or negative 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 |
|---|---|---|---|
| 6.88 | 6.44 | 0.44 (6.40%) | 15.64% |
| An entry @6.88. This is a Buy Stop order right above the resistance zone. | An exit @6.44. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.44 points, which is 6.40%. | For a 1.00% total portfolio risk, you can invest 15.64% 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.
6.76
-0.11 (-1.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.6%
1 Week1.35%
2 Weeks-2.31%
1 Month8.33%
3 Month70.71%
6 Month-4.25%
12 Month-39.53%
2 Year-24.04%
3 Year-21.3%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.47
ATR(20)%6.31%
ATR Inc4.98%
Range Today0.38
ADR(20)0.42
ADR(20)%6.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.22
Mansfield-2.16
10 Day High7.21
10 Day Low6.06
20 Day High7.34
20 Day Low5.94
52 Week High12.92
52 Week Low3.56
CS1 End6.45
CR1 Start6.77
Volume & EV
DER(3)1.49%
DER(5)1.41%
Volume414.10K
Volume Incr39.75%
Vol(5)298.18K
Vol(50)298.45K