We assign a technical rating of 4 out of 10 to ATAI. Although ATAI is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is only medium, ATAI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 3.96. Right above this resistance zone may be a good entry point.
3.70
We found 1 important support area.
We can see 2 important resistance areas.
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 ATAI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ATAI is down. |
| ChartMill Relative Strength | 94.08 | POSITIVE | ATAI has a high relative strength, it outperformed 94.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ATAI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ATAI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ATAI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.28 | NEUTRAL | The RSI value for ATAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ATAI has a negative trend. |
| Stochastics (14,3) | 24.69 | NEUTRAL | The Stochastics value for ATAI is a neutral value. |
| Average True Range in percent/ATR (20) | 6.68 | HIGH VOLATILITY | The high ATR as a percentage value for ATAI suggests high volalility. |
| Average Directional Index/ADX (14) | 12.74 | NEGATIVE | The low ADX value for ATAI suggests a weak or negative trend. |
3.75
-0.22 (-5.54%)
ChartMill assigns a technical rating of 4 / 10 to ATAI.
The current trend direction for ATAIBECKLEY INC (ATAI) is Bearish.
ATAIBECKLEY INC (ATAI) has an RSI value of 38.2793. This indicates that the stock is currently neutral.
The MACD indicator for ATAIBECKLEY INC (ATAI) has a value of -0.0108978, indicating a bearish trend.
ATAIBECKLEY INC (ATAI) has a support level at 3.74 and a resistance level at 3.96. Check the full technical report for our detailed analysis of ATAI support and resistance levels.