ATLASCLEAR HOLDINGS INC (ATCH) Stock Technical Analysis
NYSEARCA:ATCH - NYSE Arca - US1287452056 - Common Stock - Currency: USD
Taking everything into account, ATCH scores 0 out of 10 in our technical rating. ATCH'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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, ATCH is a bad performer in the overall market: 99% of all stocks are doing better.
ATCH is part of the Capital Markets industry. There are 237 other stocks in this industry, of which 89% are performing better than ATCH.
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 0.14 - 0.31 range, which is quite wide. It is currently trading near the lows of this range.
ATCH has an average volume of 13743000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
ATCH has a poor technical rating and the quality of the setup is also only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
0.17
0.22
When analyzing the support we notice one important area.
- Support @0.17 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @0.22 from a horizontal line 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 ATCH is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ATCH is neutral. |
| ChartMill Relative Strength | 1.35 | NEGATIVE | ATCH has a low relative strength, it was outperformed by 98.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ATCH is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ATCH is below a declining 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) | 49.67 | 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. |
| Stochastics (14,3) | 24.23 | NEUTRAL | The Stochastics value for ATCH is a neutral value. |
| Average True Range in percent/ATR (20) | 17.5 | HIGH VOLATILITY | The high ATR as a percentage value for ATCH suggests high volalility. |
| Average Directional Index/ADX (14) | 27.47 | 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)
0.19
+0.02 (+10.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg10.02%
1 Week-12.08%
2 Weeks26.5%
1 Month-5%
3 Month-28.3%
6 Month-93.07%
12 Month-98.72%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%17.5%
ATR Inc-47.15%
Range Today0.03
ADR(20)0.03
ADR(20)%15.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.35
Mansfield-9.69
10 Day High0.31
10 Day Low0.14
20 Day High0.31
20 Day Low0.14
52 Week High26.94
52 Week Low0.14
CS1 End0.17
CR1 Start0.22
Volume & EV
DER(3)0.8%
DER(5)-4.51%
Volume7.99M
Volume Incr-78.16%
Vol(5)6.48M
Vol(50)13.74M