ATS AUTOMATION TOOLING SYS (ATA.CA) Technical Analysis
TSX:ATA • CA0019401052
Current stock price
ATA.CA Technical Rating and Analysis
Overall ATA gets a technical rating of 8 out of 10. Although ATA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- ATA is part of the Machinery industry. There are 22 other stocks in this industry. ATA outperforms 85% of them.
- ATA is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ATA is performing more or less in line with the market.
- 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.
- Considerably lower volume is observed in the last couple of days.
ATA.CA Weekly and Daily overview Charts
ATA.CA Setup Rating and Analysis
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
ATA.CA Support and Resistance Analysis
38.67
When analyzing the support we can see 5 important 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.
ATA.CA 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 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. |
ATA.CA Chart- and CandleStick Pattern Analysis
ATA.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:ATA (1/19/2023, 7:00:00 PM)
50.23
-1.12 (-2.18%)
ATS AUTOMATION TOOLING SYS / ATA.CA TA FAQ
What is the technical rating for ATA stock?
ChartMill assigns a technical rating of 8 / 10 to ATA.CA.
What is the trend direction for ATA stock?
The current trend direction for ATS AUTOMATION TOOLING SYS (ATA.CA) is Bullish.
Can you provide the RSI signal for ATS AUTOMATION TOOLING SYS?
ATS AUTOMATION TOOLING SYS (ATA.CA) has an RSI value of 67.5754. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ATS AUTOMATION TOOLING SYS?
The MACD indicator for ATS AUTOMATION TOOLING SYS (ATA.CA) has a value of 0.641051, indicating a bearish trend.
Can you provide the short term momentum for ATS AUTOMATION TOOLING SYS?
The short term momentum for ATS AUTOMATION TOOLING SYS (ATA.CA) is positive.