ATEA PHARMACEUTICALS INC (AVIR) Stock Technical Analysis
NASDAQ:AVIR - Nasdaq - US04683R1068 - Common Stock - Currency: USD
Taking everything into account, AVIR scores 7 out of 10 in our technical rating. Although AVIR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the performance of all stocks over the past year, AVIR turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
AVIR is part of the Pharmaceuticals industry. There are 194 other stocks in this industry, AVIR did better than 62% of them.
AVIR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AVIR is lagging the market.
In the last month AVIR has a been trading in the 3.23 - 3.83 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although AVIR has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
3.11
3.86
2 important support areas can be observed.
- A support zone ranging from 3.35 to 3.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.14 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.71 to 3.82. 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 AVIR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AVIR is neutral. |
| ChartMill Relative Strength | 46.72 | NEUTRAL | AVIR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AVIR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AVIR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AVIR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.71 | NEUTRAL | The RSI value for AVIR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests AVIR has a negative trend. |
| Stochastics (14,3) | 7.93 | OVERSOLD | The low Stochastics value suggests AVIR may be oversold. |
| Average True Range in percent/ATR (20) | 4.49 | MEDIUM VOLATILITY | The ATR as a percentage value for AVIR suggests some volalility. |
| Average Directional Index/ADX (14) | 35.36 | POSITIVE | The high ADX value value for AVIR 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)
3.43
+0.07 (+2.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg2.08%
1 Week-8.78%
2 Weeks-5.77%
1 Month5.54%
3 Month18.69%
6 Month8.54%
12 Month-12.5%
2 Year0%
3 Year-58.17%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%4.49%
ATR Inc3.89%
Range Today0.13
ADR(20)0.15
ADR(20)%4.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.72
Mansfield-0.31
10 Day High3.83
10 Day Low3.36
20 Day High3.83
20 Day Low3.23
52 Week High4.14
52 Week Low2.46
CS1 End3.35
CR1 Start3.71
Volume & EV
DER(3)-3.12%
DER(5)-6.33%
Volume394.90K
Volume Incr11.21%
Vol(5)445.82K
Vol(50)416.74K