ATLAS ENERGY SOLUTIONS INC (AESI) Stock Technical Analysis
NYSE:AESI - New York Stock Exchange, Inc. - US6420451089 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to AESI. In the past year, AESI was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
89% 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. 74% of 63 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.
AESI has an average volume of 1899340 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.
In the last month AESI has a been trading in the 12.58 - 14.93 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AESI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 14.66. Right above this resistance zone may be a good entry point.
More info and screens
11.83
24.46
2 important support areas can be observed.
- A support zone ranging from 13.44 to 13.45. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 11.95 to 12.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 14.66 to 14.66. This zone is formed by a combination of multiple trend lines 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 | 11.68 | NEGATIVE | AESI has a low relative strength, it was outperformed by 88.32% 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 | NEGATIVE | The current price of AESI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.27 | NEUTRAL | The RSI value for AESI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests AESI has a positive trend. |
| Stochastics (14,3) | 53.76 | NEUTRAL | The Stochastics value for AESI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.14 | MEDIUM VOLATILITY | The ATR as a percentage value for AESI suggests some volalility. |
| Average Directional Index/ADX (14) | 15.09 | NEGATIVE | The low ADX value for AESI suggests a weak or negative 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)
14.12
-0.2 (-1.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-1.4%
1 Week1.88%
2 Weeks-3.09%
1 Month8.78%
3 Month2.32%
6 Month-38.56%
12 Month-30.99%
2 Year-28.51%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.58
ATR(20)%4.14%
ATR Inc-1.43%
Range Today0.32
ADR(20)0.55
ADR(20)%3.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.68
Mansfield-3.14
10 Day High14.86
10 Day Low13.04
20 Day High14.93
20 Day Low12.58
52 Week High26.86
52 Week Low11.76
CS1 End13.45
CR1 Start14.66
Volume & EV
DER(3)1.04%
DER(5)0%
Volume609.60K
Volume Incr24.23%
Vol(5)2.24M
Vol(50)1.90M