ATLASCLEAR HOLDINGS INC (ATCH) Stock Technical Analysis
USA - NYSEARCA:ATCH - US1287452056 - Common Stock
0.67 USD
+0.27 (+67.5%)
0.9425 USD
+0.27 (+40.67%)
We assign a technical rating of 6 out of 10 to ATCH. Although ATCH has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
ATCH is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month ATCH has a been trading in the 0.17 - 1.92 range, which is quite wide. It is currently trading near the lows of this range.
ATCH is one of the better performing stocks in the Capital Markets industry, it outperforms 97% of 236 stocks in the same industry.
ATCH has an average volume of 55370000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that ATCH is one of the better performing stocks in the market, outperforming 95% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Volume is considerably higher in the last couple of days.
ATCH has an average technical rating and it also does not offer a high 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
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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 ATCH is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ATCH is neutral. |
| ChartMill Relative Strength | 95.09 | POSITIVE | ATCH has a high relative strength, it outperformed 95.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ATCH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ATCH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ATCH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.67 | NEUTRAL | The RSI value for ATCH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ATCH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 20.83 | NEUTRAL | The Stochastics value for ATCH is a neutral value. |
| Average True Range in percent/ATR (20) | 35.42 | HIGH VOLATILITY | The high ATR as a percentage value for ATCH suggests high volalility. |
| Average Directional Index/ADX (14) | 54.97 | POSITIVE | The high ADX value value for ATCH 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)
0.67
+0.27 (+67.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg67.5%
1 Week-58.64%
2 Weeks224.61%
1 Month258.67%
3 Month258.48%
6 Month-4.6%
12 Month-95.62%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%35.42%
ATR Inc-12.92%
Range Today0.22
ADR(20)0.2
ADR(20)%30.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.09
Mansfield-8.53
10 Day High1.92
10 Day Low0.21
20 Day High1.92
20 Day Low0.17
52 Week High26.94
52 Week Low0.14
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-2.95%
DER(5)-4.2%
Volume514.81M
Volume Incr207.6%
Vol(5)181.78M
Vol(50)55.37M