TSX:ATA - Toronto Stock Exchange - CA0019401052 - Common Stock - Currency: CAD
Taking everything into account, ATA scores 8 out of 10 in our technical rating. 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.
Although ATA has an excellent technical rating, the quality of the presented setup is not ideal 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.
38.67
5 important support areas can be observed.
We found 1 important resistance area.
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. |
TSX:ATA (1/19/2023, 7:00:00 PM)
50.23
-1.12 (-2.18%)