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 ATRI
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

ATRION Corporation stock upgraded from Buy Candidate to Strong Buy Candidate after Wednesday trading session.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Feb 23, 2024 Gain 27.88% PDF

The ATRION Corporation stock price gained 2.50% on the last trading day (Wednesday, 27th Mar 2024), rising from $437.08 to $448.00. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 0.610% from a day low at $447.50 to a day high of $450.23. The price has risen in 6 of the last 10 days and is up by 5.32% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 13 thousand more shares were traded than the day before. In total, 29 thousand shares were bought and sold for approximately $12.82 million.

The stock has broken the wide and strong rising the short-term trend up and an even stronger rate of rising is indicated. For any reaction back there will now be support on the roof on the current trend broken at $434.29, a level that may pose a second chance to hit a runner. According to fan-theory $490.80 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

ATRI Signals & Forecast

The ATRION Corporation stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $436.55 and $393.64. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, February 14, 2024, and so far it has risen 33.38%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for ATRION Corporation stock

ATRION Corporation finds support from accumulated volume at $436.10 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

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 $2.73 between high and low, or 0.610%. For the last week, the stock has had daily average volatility of 2.86%.

Our recommended stop-loss: $431.24 (-3.74%) (This stock has high daily movements and this gives high risk. There is a buy signal from a pivot bottom found 29 days ago.)

Trading Expectations (ATRI) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect ATRION Corporation to open at $448.57, and during the day (based on 14 day Average True Range), to move between $430.64 and $465.36, which gives a possible trading interval of +/-$17.36 (+/-3.88%) up or down from last closing price. If ATRION Corporation takes out the full calculated possible swing range there will be an estimated 7.75% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $436.10, some $11.90 (2.66%) from the current price of $448.00, our system finds the risk reward attractive.

Is ATRION Corporation stock A Buy?

Several short-term signals are positive and the stock has broke the rising trend up, which indicates an even stronger rate of rising. We conclude that the current level may hold a buying opportunity as there is a fair chance for ATRION Corporation stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

Current score: 5.969 Strong Buy Candidate Upgraded

Predicted Opening Price for ATRION Corporation of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$448.57 ( 0.128%) $448.00

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

Trading levels for ATRI

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 451.30 0.737 %
R2 450.26 0.505 %
R1 449.62 0.361 %
Current price: 448.00
Support S1 447.53 -0.105 %
S2 446.89 -0.249 %
S3 445.84 -0.481 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 448.00
Support S1 436.10 -2.66%
S2 393.99 -12.06%
S3 392.36 -12.42%

ATRI Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 14, 2024 Mar 14, 2024 Mar 14, 2024 $0 0%
2 Nov 13, 2023 Nov 30, 2023 Dec 15, 2023 $2.20 0.605%
3 Aug 22, 2023 Sep 14, 2023 Sep 29, 2023 $2.20 0.532%
4 May 23, 2023 Jun 14, 2023 Jun 30, 2023 $2.15 0.380%
5 Feb 27, 2023 Mar 14, 2023 Mar 31, 2023 $2.15 0.342%

FAQ

What is the symbol for ATRION Corporation Stock and on which exchange is it traded?
The symbol for ATRION Corporation is ATRI and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell ATRION Corporation Stock?
Several short-term signals are positive and the stock has broke the rising trend up, which indicates an even stronger rate of rising. We conclude that the current level may hold a buying opportunity as there is a fair chance for ATRION Corporation stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

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

What's the current price of ATRION Corporation Stock?
As of the end of day on the 2024-03-27, the price of an ATRION Corporation (ATRI) share was $448.00.

What is the 52-week high and low for ATRION Corporation Stock?
The 52-week high for ATRION Corporation Stock is $670.00 and the 52-week low is $274.98.

What is the market capitalization of ATRION Corporation Stock?
As of the 2024-03-27, the market capitalization of ATRION Corporation is 788.408M.

When is the next earnings date for ATRION Corporation?
The upcoming earnings date for ATRION Corporation is May 06, 2024.
Click to get the best stock tips daily for free!

About ATRION Corporation

ATRION Atrion Corporation, together with its subsidiaries, develops, manufactures, and sells products for fluid delivery, cardiovascular, and ophthalmology applications in the United States, Canada, Europe, and internationally. Its fluid delivery products include valves that fill, hold, and release controlled amounts of fluids or gasses for use in various intubation, intravenous, catheter, and other applications in the anesthesia and oncology fields, as... ATRI Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT