Is Autolus Therapeutics Setting Up for a Big Move?

: AUTL | Autolus Therapeutics plc - American Depositary Share News, Ratings, and Charts

AUTL – A symmetrical triangle pattern has formed in the chart of Autolus Therapeutics PLC (AUTL). The stock is expected to either break through its resistance line or fall through its support level. Read more to learn how to be ready for a potential breakout or breakdown.

Autolus Therapeutics PLC (AUTL - Get Rating) is a biopharmaceutical company developing next-generation programmed T cell therapies for the treatment of cancer. The company’s clinical-stage pipeline comprises five programs: AUTO1, AUTO1/22, AUTO3, AUTO4 and AUTO6.

The company recently announced a new deal with Moderna (MRNA), in which MRNA could use some of AUTL’s proprietary binders in new cancer therapies. AUTL also recently announced that its experimental CD19 cell therapy, AUTO1, achieved 100% remission in patients with relapsed indolent non-Hodgkin lymphoma in an early-stage study.

As of the most recent quarter, the company had $216 million in cash, compared to only $19 million in long-term debt. Over the past three years, sales have grown an average of 31.8% per year. However, sales are expected to fall 16.7% year over year in the current quarter.

The stock also appears very overpriced with a price-to-sales ratio of 112.85, which is well above the industry average of 12.2. AUTL was showing bearish momentum from December through May, but performance has been mixed since, as seen in the chart below.

Take a look at the 1-year chart of AUTL below with my added notations:

 Chart of AUTL provided by TradingView

AUTL is consolidating within a common chart pattern known as a symmetrical triangle. A down trending resistance (red) combined with an up-trending support (green) forms the triangle pattern. Since there is no true way to know which way the stock will break, traders may wait for the breakout or breakdown before entering a trade.

Click Here to Read the Greatest Trading Book Ever Written

A trader could enter a long position on a break above the down trending resistance with a protective stop set under the entry level. However, if the stock were to break below the trend line support, a short trade could be entered with a protective stop above the trend line.

Want to Discover More Great Trades?

What is better than finding the 1 attractive stock in this article?

Discovering 5 timely trades…like the ones in this new special report. Click below to claim your free copy now!

5 Stocks Ready to BREAKOUT!

Want More Great Investing Ideas?

3 Stocks to DOUBLE This Year


AUTL shares were unchanged in premarket trading Tuesday. Year-to-date, AUTL has declined -34.23%, versus a 17.56% rise in the benchmark S&P 500 index during the same period.


About the Author: Christian Tharp


I am an expert stock market coach having helped over 4000 beginner and advanced traders & investors from around the world take control of their financial futures. I also write stock market related articles for the Adam Mesh Trading Group and Yolo Publishing. More...


More Resources for the Stocks in this Article

TickerPOWR RatingIndustry RankRank in Industry
AUTLGet RatingGet RatingGet Rating

Most Popular Stories on StockNews.com


How is the Stock Market Like a Helium Balloon?

Stocks have finally broke above 6,000 for the S&P 500 (SPY). The more important question is what comes next? Steve Reitmeister provides his answer in his latest market commentary.

Has the Bull Market Run Out of Steam?

It seems the S&P 500 (SPY) advance has stalled and cant crack above strong resistance at 6,000. Why is that happening? And what happens next? Read on for the answers...

Investors Remain “Cautiously Optimistic”

The S&P 500 (SPY) has made great advances since the lows of early April. Yet seem to be stuck under resistance at 6,000. What happens next depends on tariff talks. So let’s talk about the latest news on that front.

Bull Market Til Proven Otherwise

The phrase that paid for investors in 2025 was “Bull market til proven otherwise” Steve Reitmeister explains why in his latest market update and preview of top stock picks.

Investor Alert: Mission Accomplished?

The S&P 500 (SPY) has broken out above the 200 day moving average. Does that mean that bear market fears are now over? And should investors be riding the bull to new heights? Read on for Steve Reitmeister’s answer...

Read More Stories

More Autolus Therapeutics plc - American Depositary Share (AUTL) News View All

Event/Date Symbol News Detail Start Price End Price Change POWR Rating
Loading, please wait...
View All AUTL News