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 technical rating of ATCH 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
0.26
When analyzing the support we notice one important area.
- Support @0.26 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @0.32 from a trend line in the daily time frame.
- A resistance zone ranging from 0.33 to 0.33. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The short term trend for ATCH is down. |
| ChartMill Relative Strength | 12.35 | NEGATIVE | ATCH has a low relative strength, it was outperformed by 87.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ATCH is below 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) | 40.05 | NEUTRAL | The RSI value for ATCH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ATCH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.68 | OVERSOLD | The low Stochastics value suggests ATCH may be oversold. |
| Average True Range in percent/ATR (20) | 14.18 | HIGH VOLATILITY | The high ATR as a percentage value for ATCH suggests high volalility. |
| Average Directional Index/ADX (14) | 19.34 | NEGATIVE | The low ADX value for ATCH suggests a weak or negative trend. |
0.2784
+0.02 (+7.04%)
ATLASCLEAR HOLDINGS INC / ATCH FAQ
What is the ChartMill technical rating of ATLASCLEAR HOLDINGS INC (ATCH) stock?
ChartMill assigns a technical rating of 0 / 10 to ATCH.
What is the trend direction for ATCH stock?
The current trend direction for ATLASCLEAR HOLDINGS INC (ATCH) is Bearish.
What is the RSI signal for ATLASCLEAR HOLDINGS INC (ATCH) stock?
ATLASCLEAR HOLDINGS INC (ATCH) has an RSI value of 40.0463. This indicates that the stock is currently neutral.
What is the buy/sell signal for ATLASCLEAR HOLDINGS INC (ATCH) stock?
The buy/sell signal for ATLASCLEAR HOLDINGS INC (ATCH) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for ATLASCLEAR HOLDINGS INC (ATCH) stock?
ATLASCLEAR HOLDINGS INC (ATCH) has a support level at 0.26 and a resistance level at 0.32. Check the full technical report for our detailed analysis of ATCH support and resistance levels.