NATERA INC (NTRA) Stock Technical Analysis
NASDAQ:NTRA - Nasdaq - US6323071042 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to NTRA. In the last year, NTRA was one of the better performers, although we are getting mixed signals now in both the short and medium 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!
Looking at the yearly performance, NTRA did better than 82% of all other stocks. On top of that, NTRA also shows a nice and consistent pattern of rising prices.
NTRA is one of the better performing stocks in the Biotechnology industry, it outperforms 77% of 558 stocks in the same industry.
NTRA 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 NTRA is lagging the market slightly.
NTRA has an average volume of 1317890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month NTRA has a been trading in the 155.86 - 173.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, NTRA also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 160.42, a Stop Loss order could be placed below this zone.
More info and screens
139.22
178.78
4 important support areas can be observed.
- A support zone ranging from 158.47 to 160.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @151.72 from a trend line in the weekly time frame.
- Support @146.46 from a trend line in the weekly time frame.
- Support @140.63 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- Strong resistance @174.00 from a horizontal line in the daily time frame.
- A resistance zone ranging from 176.93 to 177.01. 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 NTRA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NTRA is neutral. |
| ChartMill Relative Strength | 82.89 | POSITIVE | NTRA has a high relative strength, it outperformed 82.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NTRA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NTRA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NTRA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.16 | NEUTRAL | The RSI value for NTRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.07 | NEGATIVE | The MACD value suggests NTRA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.99 | NEUTRAL | The Stochastics value for NTRA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.19 | MEDIUM VOLATILITY | The ATR as a percentage value for NTRA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.26 | NEUTRAL | The ADX value for NTRA suggests a possible start of a new 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)
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 |
|---|---|---|---|
| 162.38 | 158.46 | 3.92 (2.41%) | 25.00% |
| An entry @162.38. This is a Buy Stop order right above the 10 day moving average. | An exit @158.46. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.92 points, which is 2.41%. | For a 0.60% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of NTRA. Please evaluate whether better entry and exit points can be found.
- 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.
160.43
-2.93 (-1.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.79%
1 Week-0.82%
2 Weeks-4.6%
1 Month-3.8%
3 Month8.37%
6 Month-8.33%
12 Month43.75%
2 Year254.78%
3 Year241.34%
5 Year234.09%
10 Year786.84%
15 YearN/A
Volatility
ATR(14)5.2
ATR(20)%3.19%
ATR Inc-28.65%
Range Today3.16
ADR(20)5.02
ADR(20)%3.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.89
Mansfield0.17
10 Day High170.48
10 Day Low155.86
20 Day High173.5
20 Day Low155.86
52 Week High183
52 Week Low92.14
CS1 End160.42
CR1 Start174
Volume & EV
DER(3)0.41%
DER(5)-0.04%
Volume710.00K
Volume Incr-23.1%
Vol(5)972.86K
Vol(50)1.32M