ATOTECH LTD (ATC)

JE00BMVMZ478 - Common Stock

22.71  -0.03 (-0.13%)

After market: 22.71 0 (0%)

Technical Rating and Analysis

9

Taking everything into account, ATC scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, ATC has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
ATC is one of the better performing stocks in the Chemicals industry, it outperforms 90% of 84 stocks in the same industry.
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.
When comparing the yearly performance of all stocks, we notice that ATC is one of the better performing stocks in the market, outperforming 87% of all stocks. However, this relatively good performance is mostly due to a recent big move.
ATC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ATC is lagging the market.
Weekly and Daily overview Charts
ATC Weekly chart
ATC Daily chart
Setup Rating and Analysis

8

ATC has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. 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.

Support and Resistance Analysis

20.66

26.45

We found 2 important support 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.

When analyzing the resistance we notice 2 important areas.

  • 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.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.8
Mansfield-0.02
10 Day High23.01
10 Day Low22.16
20 Day High23.01
20 Day Low21.38
52 Week High25.95
52 Week Low18.06
Performance
1 Week1.84%
2 Weeks0.4%
1 Month6.07%
3 Month16.05%
6 Month-6.5%
12 Month-2.45%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.07
RSI(14)62.91
LBB22.39
UBB23.03
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.

ENTRYEXITDISTANCECAPITAL
23.1222.290.83 (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 Daily chart

ATOTECH LTD

NYSE:ATC (8/16/2022, 7:17:26 PM)

After market: 22.71 0 (0%)

22.71

-0.03 (-0.13%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-0.13%
1 Week1.84%
2 Weeks0.4%
1 Month6.07%
3 Month16.05%
6 Month-6.5%
12 Month-2.45%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.31
ATR(20)%1.38%
ATR Inc
Range Today0.18
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High23.01
10 Day Low22.16
20 Day High23.01
20 Day Low21.38
52 Week High25.95
52 Week Low18.06
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume993.50K
Volume Incr-52.33%
Vol(5)512.22K
Vol(50)891.07K