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.
Although the technical rating is bad, ATCH does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.26, a Stop Loss order could be placed below this zone.
0.25
We found 2 important support areas.
We can see 3 important resistance areas.
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 | 2.71 | NEGATIVE | ATCH has a low relative strength, it was outperformed by 97.29% 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) | 43.72 | 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) | 31.08 | NEUTRAL | The Stochastics value for ATCH is a neutral value. |
| Average True Range in percent/ATR (20) | 8.06 | HIGH VOLATILITY | The high ATR as a percentage value for ATCH suggests high volalility. |
| Average Directional Index/ADX (14) | 10.01 | NEGATIVE | The low ADX value for ATCH suggests a weak or negative trend. |
0.2692
0 (-0.3%)
ChartMill assigns a technical rating of 0 / 10 to ATCH.
The current trend direction for ATLASCLEAR HOLDINGS INC (ATCH) is Bearish.
ATLASCLEAR HOLDINGS INC (ATCH) has an RSI value of 43.7235. This indicates that the stock is currently neutral.
The MACD indicator for ATLASCLEAR HOLDINGS INC (ATCH) has a value of 0.00146564, indicating a bearish trend.
The buy/sell signal for ATLASCLEAR HOLDINGS INC (ATCH) is sell as both the short term and long term trends are negative.