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ATMEL CORP. (AML.PA) Stock Technical Analysis

EPA:AML - Euronext Paris - Matif - US0495131049

8  +0.22 (+2.83%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to AML. 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 long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that AML is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, AML also shows a nice and consistent pattern of rising prices.
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.
Weekly and Daily overview Charts
ATMEL CORP. / AML Weekly stock chart
ATMEL CORP. / AML Daily stock chart
Setup Rating and Analysis

8

AML has an excellent technical rating and 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.
Support and Resistance Analysis

6.48

9.80

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.

2 important resistance areas can be observed.

  • 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.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.35
Mansfield-10
10 Day High8.13
10 Day Low7.1
20 Day High9.75
20 Day Low6.63
52 Week High9.75
52 Week Low4.35
Performance
1 Week1.01%
2 Weeks12.68%
1 Month14.29%
3 Month19.4%
6 Month33.33%
12 Month60%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.06
RSI(14)52.05
LBB6.45
UBB9.52
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.

ENTRYEXITDISTANCECAPITAL
8.157.420.73 (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 trade has a worst case loss of 0.73 points, which is 8.96%.When investing 11.16% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
ATMEL CORP. / AML Daily stock chart

ATMEL CORP.

EPA:AML (12/17/2015, 3:47:38 PM)

8

+0.22 (+2.83%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.83%
1 Week1.01%
2 Weeks12.68%
1 Month14.29%
3 Month19.4%
6 Month33.33%
12 Month60%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.52
ATR(20)%5.76%
ATR Inc-36.46%
Range Today0.39
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.35
Mansfield-10
10 Day High8.13
10 Day Low7.1
20 Day High9.75
20 Day Low6.63
52 Week High9.75
52 Week Low4.35
CS1 End7.52
CR1 Start8.1
Volume & EV
DER(3)5.58%
DER(5)3.35%
Volume955
Volume Incr98.77%
Vol(5)742
Vol(50)377.96