ATLASCLEAR HOLDINGS INC (ATCH) Stock Technical Analysis
NYSEARCA:ATCH - NYSE Arca - US1287452056 - Common Stock - Currency: USD
Overall ATCH gets a technical rating of 0 out of 10. ATCH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, ATCH is a bad performer in the overall market: 100% of all stocks are doing better.
ATCH is part of the Capital Markets industry. There are 232 other stocks in this industry, of which 90% 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.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
ATCH has an average volume of 3877710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ATCH has a been trading in the 0.18 - 0.27 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, ATCH does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
0.19
0.22
When analyzing the support we notice one important area.
- A support zone ranging from 0.19 to 0.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 0.21 | NEGATIVE | ATCH has a low relative strength, it was outperformed by 99.79% 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) | 36.34 | NEUTRAL | The RSI value for ATCH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ATCH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.09 | NEUTRAL | The Stochastics value for ATCH is a neutral value. |
| Average True Range in percent/ATR (20) | 12.6 | HIGH VOLATILITY | The high ATR as a percentage value for ATCH suggests high volalility. |
| Average Directional Index/ADX (14) | 7.22 | NEGATIVE | The low ADX value for ATCH suggests a weak or negative 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)
0.22
+0.01 (+3.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg3.33%
1 Week10.55%
2 Weeks4.86%
1 Month-9.65%
3 Month-81.97%
6 Month-98.33%
12 Month-99.68%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%12.6%
ATR Inc7.22%
Range Today0.03
ADR(20)0.03
ADR(20)%11.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.21
Mansfield-9.83
10 Day High0.24
10 Day Low0.19
20 Day High0.27
20 Day Low0.18
52 Week High71.4
52 Week Low0.18
CS1 End0.19
CR1 StartN/A
Volume & EV
DER(3)-0.77%
DER(5)-1.7%
Volume7.51M
Volume Incr-27.96%
Vol(5)5.28M
Vol(50)3.88M