ATLAS ENERGY SOLUTIONS INC (AESI) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:AESI • US6420451089
We assign a technical rating of 6 out of 10 to AESI. In the last year, AESI was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- 86% 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. 86% of 61 stocks in the same industry do better.
- AESI is currently trading in the lower part of its 52 week range, which is not a good signal. On the other hand, the S&P500 Index is also trading in the lower part of its yearly range, so AESI is not an exception.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- AESI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- AESI has an average volume of 2460000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
AESI has an average technical rating and also the quality of the setup is only medium 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
11.38
When analyzing the support we notice one important area.
- A support zone ranging from 11.49 to 11.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- Resistance @11.81 from a trend line in the daily time frame.
- Resistance @12.39 from a horizontal line in the weekly time frame.
- Resistance @24.22 from a horizontal line in the weekly time frame.
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 | UP | POSITIVE | The short term trend for AESI is up. |
| ChartMill Relative Strength | 14.98 | NEGATIVE | AESI has a low relative strength, it was outperformed by 85.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AESI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AESI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of AESI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.88 | NEUTRAL | The RSI value for AESI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests AESI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.91 | NEUTRAL | The Stochastics value for AESI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.03 | HIGH VOLATILITY | The high ATR as a percentage value for AESI suggests high volalility. |
| Average Directional Index/ADX (14) | 28.61 | POSITIVE | The high ADX value value for AESI suggests a strong trend. |
11.77
+0.1 (+0.86%)
ATLAS ENERGY SOLUTIONS INC / AESI FAQ
What is the technical rating for AESI stock?
ChartMill assigns a technical rating of 6 / 10 to AESI.
What is the trend direction for AESI stock?
The current trend direction for ATLAS ENERGY SOLUTIONS INC (AESI) is Bearish.
What is the RSI signal for ATLAS ENERGY SOLUTIONS INC (AESI) stock?
ATLAS ENERGY SOLUTIONS INC (AESI) has an RSI value of 66.8804. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ATLAS ENERGY SOLUTIONS INC?
The MACD indicator for ATLAS ENERGY SOLUTIONS INC (AESI) has a value of 0.0352236, indicating a bearish trend.
Can you provide the short term momentum for ATLAS ENERGY SOLUTIONS INC?
The short term momentum for ATLAS ENERGY SOLUTIONS INC (AESI) is positive.