RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ATRA
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Volatile ride for Atara Biotherapeutics stock price on Thursday moving between $0.648 and $0.720
(Updated on Mar 28, 2024)

Sell candidate since Mar 15, 2024 Gain 11.79% PDF

The Atara Biotherapeutics stock price fell by -0.86% on the last day (Thursday, 28th Mar 2024) from $0.700 to $0.694. During the last trading day the stock fluctuated 11.11% from a day low at $0.648 to a day high of $0.720. The price has fallen in 6 of the last 10 days but is still up by 10.16% over the past 2 weeks. Volume has increased on the last day by 150 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 1 million shares were bought and sold for approximately $824.59 thousand.

The stock lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.559 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 10.55% during the next 3 months and, with a 90% probability hold a price between $0.618 and $1.43 at the end of this 3-month period.

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ATRA Signals & Forecast

There are mixed signals in the stock today. The Atara Biotherapeutics stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $0.731. On a fall, the stock will find some support from the short-term average at $0.687. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Friday, February 02, 2024, and so far it has fallen -43.11%. Further fall is indicated until a new bottom pivot has been found. Atara Biotherapeutics gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Atara Biotherapeutics stock

On the downside, the stock finds support just below today's level from accumulated volume at $0.603 and $0.582. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Atara Biotherapeutics finds support just below today's level at $0.603. If this is broken, then the next support from accumulated volume will be at $0.582 and $0.555.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.0720 between high and low, or 11.11%. For the last week, the stock has had daily average volatility of 10.60%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (ATRA) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Atara Biotherapeutics to open at $0.687, and during the day (based on 14 day Average True Range), to move between $0.614 and $0.774, which gives a possible trading interval of +/-$0.0803 (+/-11.58%) up or down from last closing price. If Atara Biotherapeutics takes out the full calculated possible swing range there will be an estimated 23.15% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $0.719 (3.66%) than the support at $0.603 (13.16%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Atara Biotherapeutics stock A Buy?

Atara Biotherapeutics holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -2.279 Sell Candidate Unchanged

Predicted Opening Price for Atara Biotherapeutics of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$0.687 ( 0.96%) $0.694

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for ATRA

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.759 9.41 %
R2 0.732 5.45 %
R1 0.715 3.00 %
Current price: 0.694
Support S1 0.660 -4.92 %
S2 0.643 -7.37 %
S3 0.615 -11.34 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.83 19.60 %
R2 0.762 9.73 %
R1 0.719 3.66 %
Current price 0.694
Support S1 0.603 -13.16%
S2 0.582 -16.15%
S3 0.555 -20.03%

FAQ

What is the symbol for Atara Biotherapeutics Stock and on which exchange is it traded?
The symbol for Atara Biotherapeutics is ATRA and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Atara Biotherapeutics Stock?
Atara Biotherapeutics holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy Atara Biotherapeutics Stock?
Atara Biotherapeutics Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Atara Biotherapeutics Stock.

What's the current price of Atara Biotherapeutics Stock?
As of the end of day on the 2024-03-28, the price of an Atara Biotherapeutics (ATRA) share was $0.694.

What is the 52-week high and low for Atara Biotherapeutics Stock?
The 52-week high for Atara Biotherapeutics Stock is $3.08 and the 52-week low is $0.199.

What is the market capitalization of Atara Biotherapeutics Stock?
As of the 2024-03-28, the market capitalization of Atara Biotherapeutics is 90.437M.

When is the next earnings date for Atara Biotherapeutics?
The upcoming earnings date for Atara Biotherapeutics is May 06, 2024.
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About Atara Biotherapeutics

Atara Biotherapeutics Atara Biotherapeutics, Inc., an off-the-shelf T-cell immunotherapy company, develops treatments for patients with cancer, autoimmune, and viral diseases in the United States. It is developing tabelecleucel, a T-cell immunotherapy that is Phase 3 clinical trials for the treatment of epstein-barr virus (EBV) driven post-transplant lymphoproliferative disease, as well as hematologic and solid tumors, including nasopharyngeal carcinoma. The company i... ATRA Profile

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