ATLAS ENERGY SOLUTIONS INC (AESI)

US6420451089 - Common Stock

22.68  +0.18 (+0.8%)

After market: 22.68 0 (0%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to AESI. In the last year, AESI was one of the better performers, but we do observe some doubts in the very recent evolution.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, AESI did better than 88% of all other stocks.
AESI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AESI is lagging the market slightly.
In the last month AESI has a been trading in the 20.25 - 24.03 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
AESI is an average performer in the Energy Equipment & Services industry, it outperforms 68% of 65 stocks in the same industry.
Weekly and Daily overview Charts
AESI Weekly chart
AESI Daily chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, AESI also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 23.38. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.61, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

16.09

24.41

We found 3 important support areas.

  • A support zone ranging from 21.92 to 22.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @16.87 from a horizontal line in the daily time frame.
  • Support @16.25 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 23.38 to 24.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.9
Mansfield0.44
10 Day High23.95
10 Day Low20.25
20 Day High24.03
20 Day Low20.25
52 Week High24.69
52 Week Low15.28
Performance
1 Week3.23%
2 Weeks0.93%
1 Month-4.87%
3 Month28.72%
6 Month29.08%
12 Month34.36%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.08
RSI(14)53.33
LBB21.59
UBB23.51
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
24.1821.912.27 (9.39%)10.65%
An entry @24.18. This is a Buy Stop order right above the resistance zone.An exit @21.91. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 2.27 points, which is 9.39%.For a 1.00% total portfolio risk, you can invest 10.65% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AESI Daily chart

ATLAS ENERGY SOLUTIONS INC

NYSE:AESI (5/8/2024, 7:04:00 PM)

After market: 22.68 0 (0%)

22.68

+0.18 (+0.8%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg0.8%
1 Week3.23%
2 Weeks0.93%
1 Month-4.87%
3 Month28.72%
6 Month29.08%
12 Month34.36%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.91
ATR(20)%3.72%
ATR Inc
Range Today0.43
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High23.95
10 Day Low20.25
20 Day High24.03
20 Day Low20.25
52 Week High24.69
52 Week Low15.28
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume687.20K
Volume Incr36.25%
Vol(5)826.44K
Vol(50)868.03K