ATOTECH LTD (ATC) Technical Analysis
NYSE:ATC • JE00BMVMZ478
Current stock price
ATC Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to ATC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ATC is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- ATC 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.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- Looking at the yearly performance, ATC did better than 87% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- ATC is part of the Chemicals industry. There are 83 other stocks in this industry, ATC did better than 69% of them.
- ATC 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 ATC is lagging the market slightly.
ATC Weekly and Daily overview Charts
ATC Setup Rating and Analysis
ATC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 22.72. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.70, a Stop Loss order could be placed below this zone.
More info and screens
ATC Support and Resistance Analysis
20.66
When analyzing the support we can see 2 important areas.
- A support zone ranging from 22.30 to 22.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.87 to 20.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 22.72 to 23.11. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 25.90 to 26.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
ATC 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 | UP | POSITIVE | The long term trend for ATC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ATC is up. |
| ChartMill Relative Strength | 87.8 | POSITIVE | ATC has a high relative strength, it outperformed 87.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ATC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ATC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ATC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.91 | NEUTRAL | The RSI value for ATC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests ATC has a negative trend. |
| Stochastics (14,3) | 78.49 | NEUTRAL | The Stochastics value for ATC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.38 | LOW VOLATILITY | The low ATR as a percentage value for ATC suggests low volalility. |
| Average Directional Index/ADX (14) | 38.56 | POSITIVE | The high ADX value value for ATC suggests a strong trend. |
ATC Chart- and CandleStick Pattern Analysis
ATC 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 |
|---|---|---|---|
| 23.12 | 22.29 | 0.83 (3.59%) | 25.00% |
| An entry @23.12. This is a Buy Stop order right above the resistance zone. | An exit @22.29. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.83 points, which is 3.59%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.90%. |
- 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.
ATC Technicals: Chart, Performance Metrics, Trend & Indicators
22.71
-0.03 (-0.13%)
ATOTECH LTD / ATC TA FAQ
What is the ChartMill technical rating of ATOTECH LTD (ATC) stock?
ChartMill assigns a technical rating of 8 / 10 to ATC.
What is the current trend direction of ATOTECH LTD (ATC) stock?
The current trend direction for ATOTECH LTD (ATC) is Bullish.
What is the RSI signal for ATC stock?
ATOTECH LTD (ATC) has an RSI value of 62.9113. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ATOTECH LTD?
The short term momentum for ATOTECH LTD (ATC) is positive.
What is the buy/sell signal for ATOTECH LTD (ATC) stock?
The buy/sell signal for ATOTECH LTD (ATC) is buy as both the short term and long term trends are positive.