Altimar Acquisition Corp Cl A (ATAC) Technical Analysis
NASDAQ:ATAC
Current stock price
ATAC Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to ATAC. Recently some decent action could be observed, but in the medium term time frame this is still negative. ATAC was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, ATAC is a bad performer in the overall market: 86% of all stocks are doing better.
- ATAC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ATAC is lagging the market.
- In the last month ATAC has a been trading in the 9.35 - 10.08 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
ATAC Weekly and Daily overview Charts
ATAC Setup Rating and Analysis
ATAC has a poor technical rating and the quality of the setup is also 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
ATAC Support and Resistance Analysis
9.63
We found 1 important support area.
- A support zone ranging from 9.73 to 9.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 10.02 to 10.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
ATAC 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 | NEUTRAL | NEUTRAL | The long term trend for ATAC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ATAC is neutral. |
| ChartMill Relative Strength | 14.24 | NEGATIVE | ATAC has a low relative strength, it was outperformed by 85.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ATAC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ATAC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ATAC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.58 | NEUTRAL | The RSI value for ATAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ATAC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 73.47 | NEUTRAL | The Stochastics value for ATAC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.31 | LOW VOLATILITY | The low ATR as a percentage value for ATAC suggests low volalility. |
ATAC Chart- and CandleStick Pattern Analysis
ATAC Technicals: Chart, Performance Metrics, Trend & Indicators
10.01
+0.26 (+2.67%)
Altimar Acquisition Corp Cl A / ATAC TA FAQ
Can you provide the ChartMill technical rating for Altimar Acquisition Corp Cl A?
ChartMill assigns a technical rating of 3 / 10 to ATAC.
What is the current trend direction of Altimar Acquisition Corp Cl A (ATAC) stock?
The current trend direction for Altimar Acquisition Corp Cl A (ATAC) is Bearish.
What is the RSI signal for ATAC stock?
Altimar Acquisition Corp Cl A (ATAC) has an RSI value of 54.576. This indicates that the stock is currently neutral.
What is the MACD signal for ATAC stock?
The MACD indicator for Altimar Acquisition Corp Cl A (ATAC) has a value of -0.00558135, indicating a bearish trend.
What are the support and resistance levels for Altimar Acquisition Corp Cl A (ATAC) stock?
Altimar Acquisition Corp Cl A (ATAC) has a support level at 9.99 and a resistance level at 10.02. Check the full technical report for our detailed analysis of ATAC support and resistance levels.