ATLAS COPCO AB-A SHS (ATCOA.ST) Stock Technical Analysis
STO:ATCOA - Nasdaq Stockholm AB - SE0017486889 - Common Stock - Currency: SEK
Taking everything into account, ATCOA scores 1 out of 10 in our technical rating. ATCOA'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 negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, ATCOA is a bad performer in the overall market: 87% of all stocks are doing better.
ATCOA has an average volume of 3690780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ATCOA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ATCOA is lagging the market slightly.
In the last month ATCOA has a been trading in the 148.55 - 166.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
ATCOA has a poor technical rating and the quality of the setup is also only medium 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
138.90
200.28
We found 2 important support areas.
- Support @143.29 from a horizontal line in the weekly time frame.
- Support @140.30 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 157.31 to 165.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 184.96 to 186.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @198.30 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 ATCOA.ST is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ATCOA.ST is down. |
| ChartMill Relative Strength | 13.56 | NEGATIVE | ATCOA.ST has a low relative strength, it was outperformed by 86.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ATCOA.ST is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ATCOA.ST is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ATCOA.ST is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.08 | NEUTRAL | The RSI value for ATCOA.ST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.49 | NEGATIVE | The MACD value suggests ATCOA.ST has a negative trend. |
| Stochastics (14,3) | 29.83 | NEUTRAL | The Stochastics value for ATCOA.ST is a neutral value. |
| Average True Range in percent/ATR (20) | 2.21 | MEDIUM VOLATILITY | The ATR as a percentage value for ATCOA.ST suggests some volalility. |
| Average Directional Index/ADX (14) | 18.1 | NEGATIVE | The low ADX value for ATCOA.ST 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)
STO:ATCOA (5/30/2025, 5:30:45 PM)
153.9
-3.15 (-2.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.01%
1 Week-2.78%
2 Weeks-6.44%
1 Month2.7%
3 Month-15.79%
6 Month-11.63%
12 Month-23.32%
2 Year-2.5%
3 Year37.53%
5 Year66.56%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.75
ATR(20)%2.21%
ATR Inc-35.8%
Range Today2.55
ADR(20)3
ADR(20)%1.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.56
Mansfield-1.64
10 Day High166.65
10 Day Low153.55
20 Day High166.65
20 Day Low148.55
52 Week High206.4
52 Week Low130.05
CS1 End143.29
CR1 Start157.31
Volume & EV
DER(3)5.65%
DER(5)2.32%
Volume4.98M
Volume Incr-27.59%
Vol(5)2.36M
Vol(50)3.69M