ATLAS ENERGY SOLUTIONS INC (AESI) Stock Technical Analysis
NYSE:AESI - New York Stock Exchange, Inc. - US6420451089 - Common Stock - Currency: USD
Overall AESI gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. AESI was also a bad performer in the overall market in the last year.
89% of all other stocks performed better in the past year than AESI.
AESI is part of the Energy Equipment & Services industry. There are 63 other stocks in this industry, of which 74% are performing better than AESI.
AESI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month AESI has a been trading in the 12.01 - 14.57 range, which is quite wide. It is currently trading near the high of this range.
AESI has an average volume of 1923620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of AESI is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
11.83
24.46
When analyzing the support we notice one important area.
- Support @11.95 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 14.39 to 14.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | DOWN | NEGATIVE | The long term trend for AESI is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AESI is up. |
| ChartMill Relative Strength | 11.52 | NEGATIVE | AESI has a low relative strength, it was outperformed by 88.48% 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) | DOWN | MIXED | The current price of AESI is above 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) | 62.16 | NEUTRAL | The RSI value for AESI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests AESI has a positive trend. |
| Stochastics (14,3) | 90.08 | OVERBOUGHT | The high Stochastics value suggests AESI may be overbought. |
| Average True Range in percent/ATR (20) | 3.76 | MEDIUM VOLATILITY | The ATR as a percentage value for AESI suggests some volalility. |
| Average Directional Index/ADX (14) | 20.11 | NEUTRAL | The ADX value for AESI suggests a possible start of a new trend. |
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)
14.38
+0.07 (+0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg0.49%
1 Week10.79%
2 Weeks15.5%
1 Month7.63%
3 Month-18.85%
6 Month-37.91%
12 Month-27.63%
2 Year-17.17%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.55
ATR(20)%3.76%
ATR Inc36.06%
Range Today0.37
ADR(20)0.49
ADR(20)%3.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.52
Mansfield-2.91
10 Day High14.57
10 Day Low12.01
20 Day High14.57
20 Day Low12.01
52 Week High26.86
52 Week Low11.76
CS1 End11.95
CR1 Start14.39
Volume & EV
DER(3)-1.12%
DER(5)0.15%
Volume1.43M
Volume Incr-19.43%
Vol(5)1.62M
Vol(50)1.92M