ATLAS CRITICAL MINERALS CORP (ATCX) Technical Analysis
NASDAQ:ATCX • MHG5211G2009
Current stock price
ATCX Technical Rating and Analysis
Taking everything into account, ATCX scores 2 out of 10 in our technical rating. ATCX performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- 100% of all other stocks performed better in the past year than ATCX.
- ATCX is one of the lesser performing stocks in the Metals & Mining industry. 89% of 157 stocks in the same industry do better.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- In the last month ATCX has a been trading in the 5.32 - 7.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ATCX Weekly and Daily overview Charts
ATCX Setup Rating and Analysis
Although the technical rating is bad, ATCX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 6.00, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ATCX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
ATCX Support and Resistance Analysis
5.93
We found 1 important support area.
- A support zone ranging from 5.99 to 6.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @6.73 from a trend line in the daily time frame.
- Resistance @7.09 from a trend line in the daily time frame.
ATCX Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for ATCX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ATCX is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | ATCX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ATCX is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 45.07 | NEUTRAL | The RSI value for ATCX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests ATCX has a negative trend. |
| Stochastics (14,3) | 25.08 | NEUTRAL | The Stochastics value for ATCX is a neutral value. |
| Average True Range in percent/ATR (20) | 12.84 | HIGH VOLATILITY | The high ATR as a percentage value for ATCX suggests high volalility. |
| Average Directional Index/ADX (14) | 9.2 | NEGATIVE | The low ADX value for ATCX suggests a weak or negative trend. |
ATCX Chart- and CandleStick Pattern Analysis
ATCX Technicals: Chart, Performance Metrics, Trend & Indicators
6.22
-0.24 (-3.72%)
ATLAS CRITICAL MINERALS CORP / ATCX TA FAQ
What is the technical rating for ATCX stock?
ChartMill assigns a technical rating of 2 / 10 to ATCX.
Can you provide the trend direction for ATLAS CRITICAL MINERALS CORP?
The current trend direction for ATLAS CRITICAL MINERALS CORP (ATCX) is Bullish.
What is the RSI signal for ATLAS CRITICAL MINERALS CORP (ATCX) stock?
ATLAS CRITICAL MINERALS CORP (ATCX) has an RSI value of 45.069. This indicates that the stock is currently neutral.
What is the MACD signal for ATCX stock?
The MACD indicator for ATLAS CRITICAL MINERALS CORP (ATCX) has a value of -0.0692947, indicating a bearish trend.
Can you provide the short term momentum for ATLAS CRITICAL MINERALS CORP?
The short term momentum for ATLAS CRITICAL MINERALS CORP (ATCX) is neutral.