ATEA PHARMACEUTICALS INC (AVIR) Stock Technical Analysis
NASDAQ:AVIR • US04683R1068
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 one of the better performing stocks in the Pharmaceuticals industry, it outperforms 77% of 191 stocks in the same industry.
- AVIR is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month AVIR has a been trading in the 3.34 - 4.49 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, AVIR did better than 91% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
AVIR has an excellent technical rating, but the quality of the setup is only medium 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
2.85
5 important support areas can be observed.
- A support zone ranging from 3.96 to 4.01. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @3.66 from a trend line in the daily time frame.
- Support @3.40 from a trend line in the daily time frame.
- Support @3.04 from a trend line in the weekly time frame.
- Support @2.88 from a horizontal line in the daily 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 | 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 | 91.02 | POSITIVE | AVIR has a high relative strength, it outperformed 91.02% 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) | 63.94 | NEUTRAL | The RSI value for AVIR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests AVIR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.79 | OVERBOUGHT | The high Stochastics value suggests AVIR may be overbought. |
| Average True Range in percent/ATR (20) | 5.65 | HIGH VOLATILITY | The high ATR as a percentage value for AVIR suggests high volalility. |
| Average Directional Index/ADX (14) | 43.63 | POSITIVE | The high ADX value value for AVIR suggests a strong trend. |
4.33
-0.13 (-2.91%)
ATEA PHARMACEUTICALS INC / AVIR 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 63.9385. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ATEA PHARMACEUTICALS INC?
The MACD indicator for ATEA PHARMACEUTICALS INC (AVIR) has a value of 0.0204097, 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 4.01. Check the full technical report for our detailed analysis of AVIR support and resistance levels.