Technical Analysis for ATRC - AtriCure, Inc.

Grade Last Price % Change Price Change
F 23.76 1.65% 0.39
ATRC closed up 0.86 percent on Monday, April 29, 2024, on approximately normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
Earnings due: Apr 30
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Up

Date Alert Name Type % Chg
Oversold Stochastic Weakness 1.65%
Slingshot Bearish Bearish Swing Setup 2.52%
Wide Bands Range Expansion 2.52%
Oversold Stochastic Weakness 2.52%
New 52 Week Closing Low Bearish 5.06%
Doji - Bullish? Reversal 5.06%
New 52 Week Low Weakness 5.06%
Wide Bands Range Expansion 5.06%
Gapped Down Weakness 5.06%
Oversold Stochastic Weakness 5.06%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 1 hour ago
Up 2% about 1 hour ago
Up 1% about 1 hour ago
10 DMA Support about 2 hours ago
Down 3% about 2 hours ago

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AtriCure, Inc. Description

AtriCure, Inc., a medical device company, develops, manufactures, and sells cardiac surgical ablation systems designed to create precise lesions or scars in cardiac tissue. It provides isolator bipolar radio-frequency ablation clamps that are used for ablation during open-heart procedures; and ablation and sensing unit, a compact power generator that provides the radio-frequency (RF) energy for its clamps, multifunctional pens, and coolrail linear ablation devices. The company also offers AtriCure switch box, a compact switch box, which offers the technology needed for the dual pulsing electrodes in isolator synergy clamps; isolator multifunctional pens that enable surgeons to evaluate cardiac arrhythmias, as well as to perform temporary cardiac pacing, sensing, and stimulation and ablate cardiac tissue with the same device; and coolrail linear ablation device, a disposable linear RF ablation device that allows physicians to create an expanded cardiac ablation lesion set during minimally invasive procedures. In addition, it provides cryoablation system, which is used for AF ablation treatment during certain open-heart procedures; and AtriClip System that is designed to exclude the left atrial appendage by implanting the device during concomitant open surgical procedures. Further, the company sells technologies, including Lumitip dissector to separate tissues to provide access to anatomical structures that are targeted for ablation; and the MicroPace ORLab system, a stimulating, mapping, and recording system, which enables physicians to confirm that the ablation lines being created are forming electrical barriers or lines of block. The company sells its products to hospitals and medical centers through independent distributors and direct sales personnel worldwide. AtriCure, Inc. is headquartered in West Chester, Ohio.


Classification

Sector: Healthcare
Industry: Medical Instruments & Supplies
Keywords: Medicine Clinical Medicine Interventional Radiology Ablation Minimally Invasive Procedure Cardiac Arrhythmia Isolator Arrhythmia Oab Radiofrequency Ablation Catheter Ablation Cryoablation Surgical Oncology Synergy Targeted Radiofrequency Ablation

Is ATRC a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 59.61
52 Week Low 22.07
Average Volume 756,458
200-Day Moving Average 37.90
50-Day Moving Average 29.69
20-Day Moving Average 24.48
10-Day Moving Average 23.12
Average True Range 1.14
RSI (14) 34.21
ADX 40.24
+DI 21.18
-DI 35.04
Chandelier Exit (Long, 3 ATRs) 27.15
Chandelier Exit (Short, 3 ATRs) 25.50
Upper Bollinger Bands 27.83
Lower Bollinger Band 21.14
Percent B (%b) 0.33
BandWidth 27.32
MACD Line -1.93
MACD Signal Line -2.13
MACD Histogram 0.1939
Fundamentals Value
Market Cap 1.11 Billion
Num Shares 47.4 Million
EPS -0.54
Price-to-Earnings (P/E) Ratio -43.28
Price-to-Sales 4.17
Price-to-Book 3.37
PEG Ratio -1.18
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 24.98
Resistance 3 (R3) 25.03 24.56 24.71
Resistance 2 (R2) 24.56 24.15 24.53 24.62
Resistance 1 (R1) 23.96 23.90 24.26 23.91 24.53
Pivot Point 23.49 23.49 23.64 23.46 23.49
Support 1 (S1) 22.89 23.08 23.19 22.84 22.21
Support 2 (S2) 22.42 22.83 22.39 22.12
Support 3 (S3) 21.82 22.42 22.03
Support 4 (S4) 21.77