Logo image of ATAC

Altimar Acquisition Corp Cl A (ATAC) Stock Technical Analysis

NASDAQ:ATAC - Nasdaq -

10.01  +0.26 (+2.67%)

After market: 9.88 -0.13 (-1.3%)

Technical Rating and Analysis

3

Overall ATAC gets a technical rating of 3 out of 10. 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.

86% of all other stocks performed better in the past year than ATAC.
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!
Weekly and Daily overview Charts
Altimar Acquisition Corp Cl A / ATAC Weekly stock chart
Altimar Acquisition Corp Cl A / ATAC Daily stock chart
Setup Rating and Analysis

4

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.

Support and Resistance Analysis

9.63

10.15

When analyzing the support we notice one important 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.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for ATAC is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for ATAC is neutral.
ChartMill Relative Strength14.24NEGATIVEATAC has a low relative strength, it was outperformed by 85.76% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of ATAC is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of ATAC is above the rising SMA(50).
Simple Moving Average/SMA (200)UPMIXEDThe current price of ATAC is below the rising SMA(200).
Relative Strength Index/RSI (14)54.58NEUTRALThe RSI value for ATAC is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests ATAC has a negative trend, although the MACD value is rising.
Stochastics (14,3)73.47NEUTRALThe Stochastics value for ATAC is a neutral value.
Average True Range in percent/ATR (20)1.31LOW VOLATILITYThe low ATR as a percentage value for ATAC suggests low volalility.
Chart- and CandleStick Pattern Analysis
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)
Altimar Acquisition Corp Cl A / ATAC Daily stock chart

Altimar Acquisition Corp Cl A

NASDAQ:ATAC (5/19/2021, 8:04:01 PM)

After market: 9.88 -0.13 (-1.3%)

10.01

+0.26 (+2.67%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.67%
1 Week0.4%
2 Weeks0.3%
1 Month1.42%
3 Month-2.82%
6 Month-2.34%
12 Month2.35%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%1.31%
ATR Inc134.42%
Range Today0.35
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
CRS14.24
Mansfield-0.96
10 Day High10.08
10 Day Low9.35
20 Day High10.08
20 Day Low9.35
52 Week High14.3
52 Week Low9.35
CS1 End9.99
CR1 Start10.02
Volume & EV
DER(3)1.88%
DER(5)-1.71%
Volume319.20K
Volume Incr2.25%
Vol(5)406.48K
Vol(50)411.55K