AYTU Technical Analysis - AYTU BIOPHARMA INC

Technical Rating and Analysis

Taking everything into account, AYTU scores 4 out of 10 in our technical rating. AYTU has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.

AYTU 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 AYTU is lagging the market slightly.

In the last month AYTU has a been trading in the 1.65 - 2.66 range, which is quite wide. It is currently trading near the high of this range.

Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.

When comparing the performance of all stocks over the past year, AYTU turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.

AYTU is an average performer in the Pharmaceuticals industry, it outperforms 56% of 196 stocks in the same industry.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

AYTU BIOPHARMA INC / AYTU Weekly stock chart

AYTU BIOPHARMA INC / AYTU Daily stock chart

Setup Rating and Analysis

AYTU has an average technical rating and it also 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

1.74

2.69

When analyzing the support we notice one important area.

Support @1.76 from a trend line in the daily time frame.

3 important resistance areas can be observed.

Resistance @2.37 from a trend line in the weekly time frame.
Resistance @2.51 from a trend line in the weekly time frame.
A resistance zone ranging from 2.59 to 2.66. This zone is formed by a combination of multiple trend lines in multiple time frames.

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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	NEUTRAL	NEUTRAL	The long term trend for AYTU is neutral.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for AYTU is up.
ChartMill Relative Strength	65.89	NEUTRAL	AYTU is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	DOWN	MIXED	The current price of AYTU is above a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	MIXED	The current price of AYTU is above a declining SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of AYTU is above the rising SMA(200).
Relative Strength Index/RSI (14)	55.83	NEUTRAL	The RSI value for AYTU is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.05	POSITIVE	The MACD value suggests AYTU has a positive trend.
Stochastics (14,3)	75.58	NEUTRAL	The Stochastics value for AYTU is a neutral value.
Average True Range in percent/ATR (20)	7.93	HIGH VOLATILITY	The high ATR as a percentage value for AYTU suggests high volalility.
Average Directional Index/ADX (14)	23.02	NEUTRAL	The ADX value for AYTU suggests a possible start of a new trend.