ATEA PHARMACEUTICALS INC (AVIR) Technical Analysis
NASDAQ:AVIR • US04683R1068
Current stock price
AVIR Technical Rating and Analysis
Taking everything into account, AVIR 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, AVIR is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- AVIR is part of the Pharmaceuticals industry. There are 192 other stocks in this industry. AVIR outperforms 89% of them.
- AVIR is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so AVIR is leading the market.
- AVIR is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Looking at the yearly performance, AVIR did better than 97% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
AVIR Weekly and Daily overview Charts
AVIR Setup Rating and Analysis
Although AVIR has an excellent technical rating, it does not present a decent entry opportunity 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
AVIR Support and Resistance Analysis
3.03
We found 1 important support area.
- Support @3.06 from a trend line in the weekly time frame.
AVIR 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 | UP | POSITIVE | The long term trend for AVIR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AVIR is up. |
| ChartMill Relative Strength | 97.02 | POSITIVE | AVIR has a high relative strength, it outperformed 97.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AVIR is above 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) | 82.61 | OVERBOUGHT | The high RSI value suggests AVIR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests AVIR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.77 | OVERBOUGHT | The high Stochastics value suggests AVIR may be overbought. |
| Average True Range in percent/ATR (20) | 4.69 | MEDIUM VOLATILITY | The ATR as a percentage value for AVIR suggests some volalility. |
| Average Directional Index/ADX (14) | 64.38 | POSITIVE | The high ADX value value for AVIR suggests a strong trend. |
AVIR Chart- and CandleStick Pattern Analysis
AVIR Technicals: Chart, Performance Metrics, Trend & Indicators
6.1
0 (0%)
ATEA PHARMACEUTICALS INC / AVIR TA FAQ
What is the technical rating for AVIR stock?
ChartMill assigns a technical rating of 9 / 10 to AVIR.
What is the current trend direction of ATEA PHARMACEUTICALS INC (AVIR) stock?
The current trend direction for ATEA PHARMACEUTICALS INC (AVIR) is Bullish.
What is the RSI signal for ATEA PHARMACEUTICALS INC (AVIR) stock?
ATEA PHARMACEUTICALS INC (AVIR) has an RSI value of 82.607. This indicates that the stock is currently overbought.
Can you provide the MACD signal for ATEA PHARMACEUTICALS INC?
The MACD indicator for ATEA PHARMACEUTICALS INC (AVIR) has a value of 0.101232, indicating a bearish trend.
What are the support and resistance levels for ATEA PHARMACEUTICALS INC (AVIR) stock?
ATEA PHARMACEUTICALS INC (AVIR) has a support level at 3.06. Check the full technical report for our detailed analysis of AVIR support and resistance levels.