ATLAS ENERGY SOLUTIONS INC (AESI) Technical Analysis
NYSE:AESI • US6420451089
Current stock price
AESI Technical Rating and Analysis
Taking everything into account, AESI scores 1 out of 10 in our technical rating. In the last year, AESI was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- 75% of all other stocks performed better in the past year than AESI.
- AESI is one of the lesser performing stocks in the Energy Equipment & Services industry. 90% of 61 stocks in the same industry do better.
- In the last month AESI has a been trading in the 10.52 - 14.23 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- AESI has an average volume of 3753480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- AESI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AESI is lagging the market.
AESI Weekly and Daily overview Charts
AESI Setup Rating and Analysis
The technical rating of AESI is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
AESI Support and Resistance Analysis
10.16
We found 2 important support areas.
- Support @11.15 from a horizontal line in the daily time frame.
- A support zone ranging from 10.26 to 10.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 6 important resistance areas.
- A resistance zone ranging from 11.38 to 11.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 11.84 to 12.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.78 to 12.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.49 from a trend line in the weekly time frame.
- Resistance @13.98 from a horizontal line in the daily time frame.
- Resistance @14.43 from a horizontal line in the daily time frame.
AESI Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for AESI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AESI is down. |
| ChartMill Relative Strength | 25.5 | NEGATIVE | AESI has a low relative strength, it was outperformed by 74.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AESI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AESI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AESI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.24 | NEUTRAL | The RSI value for AESI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests AESI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.73 | NEUTRAL | The Stochastics value for AESI is a neutral value. |
| Average True Range in percent/ATR (20) | 7.13 | HIGH VOLATILITY | The high ATR as a percentage value for AESI suggests high volalility. |
| Average Directional Index/ADX (14) | 21.51 | NEUTRAL | The ADX value for AESI suggests a possible start of a new trend. |
AESI Chart- and CandleStick Pattern Analysis
AESI Technicals: Chart, Performance Metrics, Trend & Indicators
11.37
-0.14 (-1.22%)
ATLAS ENERGY SOLUTIONS INC / AESI TA FAQ
What is the technical rating for AESI stock?
ChartMill assigns a technical rating of 1 / 10 to AESI.
What is the trend direction for AESI stock?
The current trend direction for ATLAS ENERGY SOLUTIONS INC (AESI) is Bearish.
Can you provide the RSI signal for ATLAS ENERGY SOLUTIONS INC?
ATLAS ENERGY SOLUTIONS INC (AESI) has an RSI value of 41.2406. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for ATLAS ENERGY SOLUTIONS INC?
ATLAS ENERGY SOLUTIONS INC (AESI) has a support level at 11.15 and a resistance level at 11.38. Check the full technical report for our detailed analysis of AESI support and resistance levels.