AURORA TECHNOLOGY ACQUISI-A (ATAK) Stock Technical Analysis
NASDAQ:ATAK - Nasdaq - KYG069841198 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to ATAK. ATAK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, ATAK is a bad performer in the overall market: 96% of all stocks are doing better.
ATAK is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ATAK is lagging the market.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
In the last month ATAK has a been trading in the 3.03 - 8.46 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of ATAK is bad and it also does not present a quality setup 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
4.97
10.96
We found 1 important resistance area.
- A resistance zone ranging from 10.85 to 10.85. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for ATAK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ATAK is down. |
| ChartMill Relative Strength | 4.94 | NEGATIVE | ATAK has a low relative strength, it was outperformed by 95.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ATAK is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ATAK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ATAK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.92 | NEUTRAL | The RSI value for ATAK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests ATAK has a positive trend. |
| Stochastics (14,3) | 49.64 | NEUTRAL | The Stochastics value for ATAK is a neutral value. |
| Average True Range in percent/ATR (20) | 17.68 | HIGH VOLATILITY | The high ATR as a percentage value for ATAK suggests high volalility. |
| Average Directional Index/ADX (14) | 28.78 | POSITIVE | The high ADX value value for ATAK 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)
5.02
+0.78 (+18.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg18.4%
1 Week18.12%
2 Weeks27.41%
1 Month-22.53%
3 Month-53.94%
6 Month-52.37%
12 Month-50.64%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.67
ATR(20)%17.68%
ATR Inc280.16%
Range Today2.03
ADR(20)0.81
ADR(20)%16.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.94
Mansfield-5.52
10 Day High5.88
10 Day Low3.03
20 Day High8.46
20 Day Low3.03
52 Week High13.9
52 Week Low3.03
CS1 EndN/A
CR1 Start10.85
Volume & EV
DER(3)-5.58%
DER(5)-2.99%
Volume1.39M
Volume Incr52.78%
Vol(5)464.64K
Vol(50)187.66K