We assign a technical rating of 1 out of 10 to ATCH. 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.
ATCH has a poor technical rating and the quality of the setup is also not perfect 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
0.28
We found 3 important support areas.
- A support zone ranging from 0.32 to 0.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.30 from a trend line in the weekly time frame.
- Support @0.28 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.35 to 0.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.37 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 | 3.28 | NEGATIVE | ATCH has a low relative strength, it was outperformed by 96.72% 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) | 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) | 48.38 | NEUTRAL | The RSI value for ATCH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ATCH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.48 | NEUTRAL | The Stochastics value for ATCH is a neutral value. |
| Average True Range in percent/ATR (20) | 8.84 | HIGH VOLATILITY | The high ATR as a percentage value for ATCH suggests high volalility. |
| Average Directional Index/ADX (14) | 20.47 | NEUTRAL | The ADX value for ATCH suggests a possible start of a new trend. |
0.3298
-0.03 (-8.21%)
ATLASCLEAR HOLDINGS INC / ATCH FAQ
What is the ChartMill technical rating of ATLASCLEAR HOLDINGS INC (ATCH) stock?
ChartMill assigns a technical rating of 1 / 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 48.3793. This indicates that the stock is currently neutral.
What are the support and resistance levels for ATLASCLEAR HOLDINGS INC (ATCH) stock?
ATLASCLEAR HOLDINGS INC (ATCH) has a support level at 0.32 and a resistance level at 0.35. Check the full technical report for our detailed analysis of ATCH support and resistance levels.