ATEA PHARMACEUTICALS INC (AVIR) Stock Technical Analysis
NASDAQ:AVIR - Nasdaq - US04683R1068 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to AVIR. AVIR'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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
77% of all other stocks performed better in the past year than AVIR.
AVIR is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AVIR is lagging the market.
AVIR is part of the Pharmaceuticals industry. There are 198 other stocks in this industry, AVIR did better than 58% of them.
In the last month AVIR has a been trading in the 2.46 - 3.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AVIR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.86. Right above this resistance zone may be a good entry point.
More info and screens
2.67
3.26
We found 1 important support area.
- Support @2.70 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 2.86 to 3.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.07 from a trend line in the daily time frame.
- Resistance @3.15 from a horizontal line in the daily time frame.
- A resistance zone ranging from 3.23 to 3.23. 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 | DOWN | NEGATIVE | The long term trend for AVIR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AVIR is neutral. |
| ChartMill Relative Strength | 23.79 | NEGATIVE | AVIR has a low relative strength, it was outperformed by 76.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AVIR is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AVIR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AVIR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51 | NEUTRAL | The RSI value for AVIR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests AVIR has a positive trend. |
| Stochastics (14,3) | 66.39 | NEUTRAL | The Stochastics value for AVIR is a neutral value. |
| Average True Range in percent/ATR (20) | 5.74 | HIGH VOLATILITY | The high ATR as a percentage value for AVIR suggests high volalility. |
| Average Directional Index/ADX (14) | 13.02 | NEGATIVE | The low ADX value for AVIR 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)
2.85
+0.04 (+1.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg1.42%
1 Week10.04%
2 Weeks3.26%
1 Month-0.7%
3 Month-7.77%
6 Month-15.43%
12 Month-22.13%
2 Year-28.57%
3 Year-63.83%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%5.74%
ATR Inc-22.92%
Range Today0.17
ADR(20)0.16
ADR(20)%5.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.79
Mansfield-1.58
10 Day High3.01
10 Day Low2.46
20 Day High3.08
20 Day Low2.46
52 Week High4.14
52 Week Low2.46
CS1 End2.7
CR1 Start2.86
Volume & EV
DER(3)-0.15%
DER(5)2.64%
Volume343.00K
Volume Incr-28.21%
Vol(5)382.64K
Vol(50)392.86K