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 overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month AVIR has a been trading in the 5.24 - 6.29 range, which is quite wide. It is currently trading near the lows of this range.
- 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 yearly performance of all stocks, we notice that AVIR is one of the better performing stocks in the market, outperforming 91% of all stocks. We also observe that the gains produced by AVIR over the past year are nicely spread over this period.
- AVIR is part of the Pharmaceuticals industry. There are 191 other stocks in this industry. AVIR outperforms 81% of them.
- AVIR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AVIR is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
AVIR Weekly and Daily overview Charts
AVIR Setup Rating and Analysis
AVIR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 5.53, a Stop Loss order could be placed below this zone.
More info and screens
AVIR Support and Resistance Analysis
3.09
When analyzing the support we can see 3 important areas.
- A support zone ranging from 5.46 to 5.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.35 from a horizontal line in the daily time frame.
- Support @3.12 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @5.81 from a trend line in the daily time frame.
- A resistance zone ranging from 6.11 to 6.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for AVIR is neutral. |
| ChartMill Relative Strength | 91.54 | POSITIVE | AVIR has a high relative strength, it outperformed 91.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AVIR is below a declining 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) | 50.79 | NEUTRAL | The RSI value for AVIR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests AVIR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.92 | NEUTRAL | The Stochastics value for AVIR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.16 | MEDIUM VOLATILITY | The ATR as a percentage value for AVIR suggests some volalility. |
| Average Directional Index/ADX (14) | 20.03 | NEUTRAL | The ADX value for AVIR suggests a possible start of a new trend. |
AVIR Chart- and CandleStick Pattern Analysis
AVIR Example Setup
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 |
|---|---|---|---|
| 5.82 | 5.45 | 0.37 (6.36%) | 15.73% |
| An entry @5.82. This is a Buy Stop order right above the resistance zone. | An exit @5.45. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.37 points, which is 6.36%. | For a 1.00% total portfolio risk, you can invest 15.73% of your capital in this trade. |
- 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.
AVIR Technicals: Chart, Performance Metrics, Trend & Indicators
5.58
+0.07 (+1.27%)
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 AVIR stock?
ATEA PHARMACEUTICALS INC (AVIR) has an RSI value of 50.7853. This indicates that the stock is currently neutral.
What are the support and resistance levels for ATEA PHARMACEUTICALS INC (AVIR) stock?
ATEA PHARMACEUTICALS INC (AVIR) has a support level at 5.53 and a resistance level at 5.81. Check the full technical report for our detailed analysis of AVIR support and resistance levels.