ATAIBECKLEY INC (ATAI) Technical Analysis
NASDAQ:ATAI • US04650F1012
Current stock price
ATAI Technical Rating and Analysis
Taking everything into account, ATAI scores 6 out of 10 in our technical rating. 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.
- 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. We also observe that the gains produced by ATAI over the past year are nicely spread over this period.
- ATAI is part of the Pharmaceuticals industry. There are 192 other stocks in this industry. ATAI outperforms 85% of them.
- ATAI has an average volume of 4503290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- ATAI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ATAI is lagging the market slightly.
- In the last month ATAI has a been trading in the 3.37 - 4.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ATAI Weekly and Daily overview Charts
ATAI Setup Rating and Analysis
ATAI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 3.44, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
ATAI Support and Resistance Analysis
3.28
We found 2 important support areas.
- A support zone ranging from 3.38 to 3.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.31 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 3.76 to 3.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.04 from a trend line in the daily time frame.
- A resistance zone ranging from 4.15 to 4.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.33 from a horizontal line in the daily time frame.
- Resistance @4.45 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for ATAI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ATAI is neutral. |
| ChartMill Relative Strength | 95.12 | POSITIVE | ATAI has a high relative strength, it outperformed 95.12% 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) | DOWN | NEGATIVE | The current price of ATAI is below a declining 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) | 46 | NEUTRAL | The RSI value for ATAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ATAI has a negative trend. |
| Stochastics (14,3) | 34.12 | NEUTRAL | The Stochastics value for ATAI is a neutral value. |
| Average True Range in percent/ATR (20) | 8.56 | HIGH VOLATILITY | The high ATR as a percentage value for ATAI suggests high volalility. |
| Average Directional Index/ADX (14) | 9.88 | NEGATIVE | The low ADX value for ATAI suggests a weak or negative trend. |
ATAI Chart- and CandleStick Pattern Analysis
ATAI Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 3.85 | 3.37 | 0.48 (12.47%) | 8.02% |
| An entry @3.85. This is a Buy Stop order right above the resistance zone. | An exit @3.37. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.48 points, which is 12.47%. | For a 1.00% total portfolio risk, you can invest 8.02% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ATAI Technicals: Chart, Performance Metrics, Trend & Indicators
3.65
-0.04 (-1.08%)
ATAIBECKLEY INC / ATAI TA FAQ
What is the technical rating for ATAI stock?
ChartMill assigns a technical rating of 6 / 10 to ATAI.
Can you provide the trend direction for ATAIBECKLEY INC?
The current trend direction for ATAIBECKLEY INC (ATAI) is Bearish.
What is the RSI signal for ATAI stock?
ATAIBECKLEY INC (ATAI) has an RSI value of 45.998. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ATAIBECKLEY INC?
The MACD indicator for ATAIBECKLEY INC (ATAI) has a value of -0.00455323, indicating a bearish trend.
What is the support and resistance level for ATAI stock?
ATAIBECKLEY INC (ATAI) has a support level at 3.44 and a resistance level at 3.76. Check the full technical report for our detailed analysis of ATAI support and resistance levels.