Logo image of ATRI

ATRION CORPORATION (ATRI) Stock Technical Analysis

NASDAQ:ATRI - Nasdaq - US0499041053 - Common Stock - Currency: USD

459.92  +0.26 (+0.06%)

Technical Rating and Analysis

6

Overall ATRI gets a technical rating of 6 out of 10. Although ATRI is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.

When comparing the yearly performance of all stocks, ATRI is a bad performer in the overall market: 68% of all stocks are doing better.
Warning: ATRI has an average volume of 24818 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
ATRI 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 ATRI is lagging the market slightly.
ATRI is an average performer in the Health Care Equipment & Supplies industry, it outperforms 55% of 190 stocks in the same industry.
In the last month ATRI has a been trading in a tight range between 457.50 and 460.26.
Weekly and Daily overview Charts
ATRION CORPORATION / ATRI Weekly stock chart
ATRION CORPORATION / ATRI Daily stock chart
Setup Rating and Analysis

8

ATRI has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 459.27, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

391.05

469.91

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 449.99 to 459.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @395.00 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • Resistance @465.26 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.72
Mansfield0.12
10 Day High460.26
10 Day Low458.5
20 Day High460.26
20 Day Low457.5
52 Week High503.24
52 Week Low274.98
Performance
1 Week0.1%
2 Weeks0.31%
1 Month0.48%
3 Month-0.65%
6 Month31.29%
12 Month0.88%
2 Year-23.85%
3 Year-33.73%
5 Year-40.82%
10 Year43.73%
15 Year235.71%
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)
Technical Indicators
MACD(12,26,9)-0.06
RSI(14)64.49
LBB457.83
UBB460.19
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.

ENTRYEXITDISTANCECAPITAL
460.27458.491.78 (0.39%)25.00%
An entry @460.27. This is a Buy Stop order right above the 10 day high.An exit @458.49. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 1.78 points, which is 0.39%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.10%.

  • 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.
ATRION CORPORATION / ATRI Daily stock chart

ATRION CORPORATION

NASDAQ:ATRI (8/20/2024, 8:22:19 PM)

459.92

+0.26 (+0.06%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.06%
1 Week0.1%
2 Weeks0.31%
1 Month0.48%
3 Month-0.65%
6 Month31.29%
12 Month0.88%
2 Year-23.85%
3 Year-33.73%
5 Year-40.82%
10 Year43.73%
15 Year235.71%
Volatility
ATR(14)0.67
ATR(20)%0.14%
ATR Inc-25.25%
Range Today0.51
ADR(20)0.58
ADR(20)%0.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.72
Mansfield0.12
10 Day High460.26
10 Day Low458.5
20 Day High460.26
20 Day Low457.5
52 Week High503.24
52 Week Low274.98
CS1 End459.27
CR1 Start465.26
Volume & EV
DER(3)-0.23%
DER(5)-0.47%
Volume29.70K
Volume Incr-8.74%
Vol(5)20.98K
Vol(50)24.82K