Long Term Trading Analysis for (ATRI)

July 19, 2024, 10:28 PM ET, BY Allen K. – Contributor | Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Long-term trading plans for ATRI

• Buy ATRI slightly above 409.73, target 486.29 stop loss @ 408.55 Details

The technical summary data tells us to buy ATRI near 409.73 with an upside target of 486.29. This data also tells us to set a stop loss at 408.55 to protect against excessive loss in case the stock starts to move against the trade. 409.73 is the first support level below 457, and as a rule, any test of support is a buy signal. In this case, if support 409.73 is tested, there would be a buy signal.

• Short ATRI slightly below 486.29, target 409.73, stop loss @ 487.69 Details

The technical summary data suggests a short of ATRI as it is approaching 486.29 with a downside target of 409.73. However, we should have a stop loss at 487.69. 486.29 is the first resistance level above 457, and as a rule, any test of resistance is a short signal. In this case, a short signal would exist if resistance 486.29 is tested.

Swing Trading Plans for ATRI

• Buy ATRI slightly above 458.04, target 486.29, stop loss @ 456.72 Details

If 458.04 starts to break higher, the technical summary data tells us to buy ATRI just above 458.04, with an upside target of 486.29. The data also tells us to set a stop loss at 456.72 in case the stock turns against the trade. 458.04 is the first resistance level above 457, and as a rule, any break above resistance is a buy signal. In this case, 458.04, the initial resistance, would break higher, so there would be a buy signal. Because this plan is based on a break above resistance, it is called a Long Resistance Plan.

• Short ATRI something around 458.04, target 456.21, Stop Loss @ 459.36. Details

The technical summary data suggests a short of ATRI if it tests 458.04 with a downside target of 456.21. However, we should have a stop loss at 459.36 in case the stock starts to move against the trade. As a rule, any test of resistance is a short signal. In this case, a short signal would occur if resistance, 458.04, is tested. Since this plan is a short plan based on a test of resistance, it is called a Short Resistance Plan.

Day Trading Plans for ATRI

• Buy ATRI slightly above 458.04, target 486.29, stop loss @ 456.97 Details

If 458.04 starts to rise, the technical summary data tells us to buy ATRI just above 458.04, with an upside target of 486.29. The data also tells us to set a stop loss at 456.97 in case the stock turns against the trade. 458.04 is the first resistance level above 457, and as a rule, any break above resistance is a buy signal. In this case, 458.04, the initial resistance, would rise, so there would be a buy signal. Because this plan is based on a break above resistance, it is called a Long Resistance Plan.

• Short ATRI something around 458.04, target 456.89, Stop Loss @ 459.11. Details

The technical summary data suggests a short of ATRI if it tests 458.04 with a downside target of 456.89. However, we should have a stop loss at 459.11 in case the stock starts to move against the trade. As a rule, any test of resistance is a short signal. In this case, a short signal would occur if resistance, 458.04, is tested. Since this plan is a short plan based on a test of resistance, it is called a Short Resistance Plan.

Check the timestamp on this data. Updated AI-generated signals for Atrion Corporation (ATRI) available here: ATRI.

ATRI Reviews for July 19:

Term →	Near	Middle	Long
Judgement	Neutral	Neutral	Neutral
P1	0	0	328.81
P2	456.89	456.21	409.73
P3	457.95	458.04	486.29

AI-generated signals for ATRI

Blue = Current price
Red = Resistance
Green = Support

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This report is produced using AI developed by Stock Traders Daily. Over the past 20 years, this proprietary AI has been refined to identify the most appropriate trading strategies for both individual stocks and the stock markets themselves. This methodology is also applied to index options, ETFs and futures. The purpose of this particular report is to help you trade in Atrion Corporation (NASDAQ: ATRI) and applies careful risk management.

Warning:

This is a static report, the data below was valid at the time of publication, but support and resistance levels for ATRI change over time, so the report should be updated regularly. Real-time updates are provided to subscribers. Unlimited real-time reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools and market crash protection through Evitar Corte.

Instructions:

The rules that govern the data in this report are the rules of technical analysis. For example, if ATRI is testing support buy signals, it is the surface and resistance is the target. Conversely, if resistance is tested, it is a sign to control risk or short, and support would accordingly be the downside target. In any case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it also acts as a level of risk control.

Swing trades, day trades and long-term trading plans:

This data is refined to distinguish Day Trading, Swing Trading and Long Term Investing plans for ATRI. All of these are provided below the summary table.

Fundamental charts for ATRI: