ATLAS ENERGY SOLUTIONS INC (AESI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AESI - US6420451089 - Common Stock
Taking everything into account, AESI scores 6 out of 10 in our technical rating. 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.
- 84% 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 62 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. Certainly not because the S&P500 Index is trading near new highs.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month AESI has a been trading in the 9.20 - 12.39 range, which is quite wide. It is currently trading near the high of this range.
- AESI has an average volume of 2653880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
AESI has an average technical rating and it also does not offer a high 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
11.80
2 important resistance areas can be observed.
- 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 | 16.1 | NEGATIVE | AESI has a low relative strength, it was outperformed by 83.9% 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) | 75.96 | OVERBOUGHT | The high RSI value suggests AESI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests AESI has a positive trend. |
| Stochastics (14,3) | 87.16 | OVERBOUGHT | The high Stochastics value suggests AESI may be overbought. |
| Average True Range in percent/ATR (20) | 4.27 | MEDIUM VOLATILITY | The ATR as a percentage value for AESI suggests some volalility. |
| Average Directional Index/ADX (14) | 26.04 | POSITIVE | The high ADX value value for AESI suggests a strong trend. |
11.92
+0.1 (+0.85%)
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 75.9586. This indicates that the stock is currently overbought.
Can you provide the MACD signal for ATLAS ENERGY SOLUTIONS INC?
The MACD indicator for ATLAS ENERGY SOLUTIONS INC (AESI) has a value of 0.176882, 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.