ATS AUTOMATION TOOLING SYS (ATA.CA) Stock Technical Analysis
TSX:ATA - Toronto Stock Exchange - CA0019401052 - Common Stock - Currency: CAD
We assign a technical rating of 8 out of 10 to ATA. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ATA is only an average performer.
The long and short term trends are both positive. This is looking good!
ATA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ATA is lagging the market slightly.
In the last month ATA has a been trading in the 40.75 - 51.48 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, ATA did better than 71% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
ATA is part of the Machinery industry. There are 20 other stocks in this industry, ATA did better than 68% of them.
Considerably lower volume is observed in the last couple of days.
ATA has an excellent technical rating, but the quality of the setup is only medium 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
38.67
52.50
We found 5 important support areas.
- A support zone ranging from 44.83 to 45.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @43.39 from a trend line in the weekly time frame.
- Support @42.17 from a horizontal line in the weekly time frame.
- Support @40.87 from a trend line in the daily time frame.
- A support zone ranging from 39.06 to 39.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @51.98 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 | UP | POSITIVE | The long term trend for ATA.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ATA.CA is up. |
| ChartMill Relative Strength | 71.31 | POSITIVE | ATA.CA has a high relative strength, it outperformed 71.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ATA.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ATA.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ATA.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.58 | NEUTRAL | The RSI value for ATA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.64 | POSITIVE | The MACD value suggests ATA.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 95.07 | OVERBOUGHT | The high Stochastics value suggests ATA.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for ATA.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 29.45 | POSITIVE | The high ADX value value for ATA.CA suggests a strong 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)
TSX:ATA (1/19/2023, 7:00:00 PM)
50.23
-1.12 (-2.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-2.18%
1 Week1.29%
2 Weeks13.21%
1 Month16.6%
3 Month10.76%
6 Month31.77%
12 Month-2.03%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.36
ATR(20)%2.72%
ATR Inc-25.81%
Range Today1.26
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
CRS71.31
Mansfield2.44
10 Day High51.49
10 Day Low44.12
20 Day High51.49
20 Day Low40.75
52 Week High53.65
52 Week Low30.6
CS1 End45.92
CR1 Start51.98
Volume & EV
DER(3)-10.16%
DER(5)-13.7%
Volume127.50K
Volume Incr-20.44%
Vol(5)108.31K
Vol(50)170.12K