ATAI LIFE SCIENCES NV (ATAI) Stock Technical Analysis
NASDAQ:ATAI - Nasdaq - NL0015000DX5 - Common Stock - Currency: USD
Overall ATAI gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ATAI is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that ATAI is one of the better performing stocks in the market, outperforming 98% of all stocks.
ATAI is part of the Pharmaceuticals industry. There are 193 other stocks in this industry. ATAI outperforms 98% of them.
ATAI is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
ATAI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
ATAI has an average volume of 5839650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ATAI has an excellent technical rating, but the quality of the setup is 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.
More info and screens
3.50
4.17
When analyzing the support we can see 3 important areas.
- A support zone ranging from 4.12 to 4.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.77 from a trend line in the daily time frame.
- A support zone ranging from 3.54 to 3.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 | UP | POSITIVE | The short term trend for ATAI is up. |
| ChartMill Relative Strength | 98.84 | POSITIVE | ATAI has a high relative strength, it outperformed 98.84% 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 | POSITIVE | The current price of ATAI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.3 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 82.66 | OVERBOUGHT | The high Stochastics value suggests ATAI may be overbought. |
| Average True Range in percent/ATR (20) | 8.08 | HIGH VOLATILITY | The high ATR as a percentage value for ATAI suggests high volalility. |
| Average Directional Index/ADX (14) | 47.51 | POSITIVE | The high ADX value value for ATAI suggests a strong trend. |
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)
4.13
-0.02 (-0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-0.48%
1 Week-0.96%
2 Weeks15.69%
1 Month57.63%
3 Month197.12%
6 Month89.45%
12 Month225.2%
2 Year169.94%
3 Year-8.22%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%8.08%
ATR Inc-56.1%
Range Today0.16
ADR(20)0.31
ADR(20)%7.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.84
Mansfield11.57
10 Day High4.4
10 Day Low3.06
20 Day High4.4
20 Day Low2.58
52 Week High4.4
52 Week Low1.03
CS1 End4.12
CR1 StartN/A
Volume & EV
DER(3)2.07%
DER(5)1.96%
Volume3.58M
Volume Incr-23.93%
Vol(5)5.33M
Vol(50)5.84M