ATAIBECKLEY INC (ATAI) Technical Analysis
NASDAQ:ATAI • US04650F1012
Current stock price
ATAI Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to ATAI. ATAI has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- In the last month ATAI has a been trading in the 3.56 - 5.51 range, which is quite wide. It is currently trading near the lows of this range.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- ATAI is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 88% of 191 stocks in the same industry.
- ATAI has an average volume of 6115670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that ATAI is one of the better performing stocks in the market, outperforming 95% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- ATAI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ATAI is lagging the market.
- Considerably lower volume is observed in the last couple of days.
ATAI Weekly and Daily overview Charts
ATAI Setup Rating and Analysis
Although ATAI 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.
More info and screens
ATAI Support and Resistance Analysis
3.28
5 important support areas can be observed.
- A support zone ranging from 4.11 to 4.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 3.88 to 3.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.56 from a trend line in the weekly time frame.
- Support @3.41 from a horizontal line in the daily time frame.
- Support @3.31 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @4.64 from a horizontal line in the weekly time frame.
- Resistance @4.79 from a trend line in the daily time frame.
ATAI 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 ATAI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ATAI is neutral. |
| ChartMill Relative Strength | 95.39 | POSITIVE | ATAI has a high relative strength, it outperformed 95.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ATAI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ATAI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ATAI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.7 | NEUTRAL | The RSI value for ATAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ATAI has a negative trend. |
| Stochastics (14,3) | 26.49 | NEUTRAL | The Stochastics value for ATAI is a neutral value. |
| Average True Range in percent/ATR (20) | 7.95 | HIGH VOLATILITY | The high ATR as a percentage value for ATAI suggests high volalility. |
| Average Directional Index/ADX (14) | 26.55 | POSITIVE | The high ADX value value for ATAI suggests a strong trend. |
ATAI Chart- and CandleStick Pattern Analysis
ATAI Technicals: Chart, Performance Metrics, Trend & Indicators
4.14
-0.02 (-0.48%)
ATAIBECKLEY INC / ATAI TA FAQ
What is the technical rating for ATAI stock?
ChartMill assigns a technical rating of 7 / 10 to ATAI.
Can you provide the trend direction for ATAIBECKLEY INC?
The current trend direction for ATAIBECKLEY INC (ATAI) is Bullish.
What is the RSI signal for ATAIBECKLEY INC (ATAI) stock?
ATAIBECKLEY INC (ATAI) has an RSI value of 50.7019. This indicates that the stock is currently neutral.
What is the support and resistance level for ATAI stock?
ATAIBECKLEY INC (ATAI) has a support level at 4.13 and a resistance level at 4.64. Check the full technical report for our detailed analysis of ATAI support and resistance levels.