ATMEL CORP. (AML.PA) Technical Analysis
EPA:AML • US0495131049
Current stock price
AML.PA Technical Rating and Analysis
Overall AML gets a technical rating of 10 out of 10. Both in the recent history as in the last year, AML has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Warning: AML has an average volume of 377 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, AML did better than 94% of all other stocks. We also observe that the gains produced by AML over the past year are nicely spread over this period.
- AML is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AML is lagging the market slightly.
- In the last month AML has a been trading in the 6.63 - 9.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
AML.PA Weekly and Daily overview Charts
AML.PA Setup Rating and Analysis
Besides having an excellent technical rating, AML also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 8.10. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.52, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AML in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
AML.PA Support and Resistance Analysis
6.48
When analyzing the support we can see 3 important areas.
- A support zone ranging from 7.43 to 7.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.09 to 7.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.55 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 8.10 to 8.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.68 to 9.70. This zone is formed by a combination of multiple trend lines in the weekly time frame.
AML.PA 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 | UP | POSITIVE | The long term trend for AML.PA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AML.PA is neutral. |
| ChartMill Relative Strength | 94.35 | POSITIVE | AML.PA has a high relative strength, it outperformed 94.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AML.PA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AML.PA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AML.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.05 | NEUTRAL | The RSI value for AML.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests AML.PA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 41.56 | NEUTRAL | The Stochastics value for AML.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.76 | HIGH VOLATILITY | The high ATR as a percentage value for AML.PA suggests high volalility. |
AML.PA Chart- and CandleStick Pattern Analysis
AML.PA Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 8.15 | 7.42 | 0.73 (8.96%) | 11.16% |
| An entry @8.15. This is a Buy Stop order right above the resistance zone. | An exit @7.42. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.73 points, which is 8.96%. | For a 1.00% total portfolio risk, you can invest 11.16% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of AML. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AML.PA Technicals: Chart, Performance Metrics, Trend & Indicators
EPA:AML (12/17/2015, 3:47:38 PM)
8
+0.22 (+2.83%)
ATMEL CORP. / AML.PA TA FAQ
What is the ChartMill technical rating of ATMEL CORP. (AML.PA) stock?
ChartMill assigns a technical rating of 9 / 10 to AML.PA.
What is the current trend direction of ATMEL CORP. (AML.PA) stock?
The current trend direction for ATMEL CORP. (AML.PA) is Bullish.
Can you provide the RSI signal for ATMEL CORP.?
ATMEL CORP. (AML.PA) has an RSI value of 52.0543. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for ATMEL CORP.?
ATMEL CORP. (AML.PA) has a support level at 7.52 and a resistance level at 8.1. Check the full technical report for our detailed analysis of AML.PA support and resistance levels.