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. In the past year, ATAI was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
- Looking at the yearly performance, ATAI did better than 94% of all other stocks. On top of that, ATAI also shows a nice and consistent pattern of rising prices.
- ATAI is part of the Pharmaceuticals industry. There are 191 other stocks in this industry. ATAI outperforms 84% of them.
- In the last month ATAI has a been trading in the 3.27 - 3.99 range, which is quite wide. It is currently trading near the high of this range.
- ATAI has an average volume of 4583640 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 currently trading near new highs, so ATAI is lagging the market.
ATAI Weekly and Daily overview Charts
ATAI Setup Rating and Analysis
ATAI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 3.86. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for ATAI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
ATAI Support and Resistance Analysis
3.28
3 important support areas can be observed.
- A support zone ranging from 3.73 to 3.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.47 from a trend line in the weekly time frame.
- A support zone ranging from 3.31 to 3.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 3.86 to 3.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 4.33 to 4.45. This zone is formed by a combination of multiple trend lines 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 | 94.29 | POSITIVE | ATAI has a high relative strength, it outperformed 94.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ATAI is above 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) | 56.04 | NEUTRAL | The RSI value for ATAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ATAI has a positive trend. |
| Stochastics (14,3) | 68.97 | NEUTRAL | The Stochastics value for ATAI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.02 | HIGH VOLATILITY | The high ATR as a percentage value for ATAI suggests high volalility. |
| Average Directional Index/ADX (14) | 10.87 | 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 |
|---|---|---|---|
| 3.89 | 3.72 | 0.17 (4.37%) | 22.88% |
| An entry @3.89. This is a Buy Stop order right above the resistance zone. | An exit @3.72. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.17 points, which is 4.37%. | For a 1.00% total portfolio risk, you can invest 22.88% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ATAI. Please evaluate whether better entry and exit points can be found.
- 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
3.85
+0.06 (+1.58%)
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 Bearish.
What is the RSI signal for ATAIBECKLEY INC (ATAI) stock?
ATAIBECKLEY INC (ATAI) has an RSI value of 56.0425. 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 3.74 and a resistance level at 3.86. Check the full technical report for our detailed analysis of ATAI support and resistance levels.