ATCX Technical Analysis - ATLAS TECHNICAL CONSULTANTS

Technical Rating and Analysis

Taking everything into account, ATCX scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, ATCX has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!

ATCX is part of the Professional Services industry. There are 82 other stocks in this industry. ATCX outperforms 97% of them.

ATCX is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.

When comparing the yearly performance of all stocks, we notice that ATCX is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this overall good ranking is mostly due to the recent strong move.

In the last month ATCX has a been trading in a tight range between 12.12 and 12.25.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

ATLAS TECHNICAL CONSULTANTS / ATCX Weekly stock chart

ATLAS TECHNICAL CONSULTANTS / ATCX Daily stock chart

Setup Rating and Analysis

Although ATCX has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

5.03

13.13

When analyzing the support we can see 2 important areas.

A support zone ranging from 12.10 to 12.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @5.08 from a horizontal line in the weekly time frame.

We can see 2 important resistance areas.

A resistance zone ranging from 12.26 to 12.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @13.00 from a horizontal line in the weekly time frame.

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What is Support and Resistance

Support and Resistance indicators

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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	UP	POSITIVE	The short term trend for ATCX is up.
ChartMill Relative Strength	98.43	POSITIVE	ATCX has a high relative strength, it outperformed 98.43% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of ATCX is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of ATCX is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of ATCX is above the rising SMA(200).
Relative Strength Index/RSI (14)	73.96	OVERBOUGHT	The high RSI value suggests ATCX may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.04	NEGATIVE	The MACD value suggests ATCX has a negative trend, although the MACD value is rising.
Stochastics (14,3)	40	NEUTRAL	The Stochastics value for ATCX is a neutral value.
Average True Range in percent/ATR (20)	0.27	LOW VOLATILITY	The low ATR as a percentage value for ATCX suggests low volalility.
Average Directional Index/ADX (14)	44.63	POSITIVE	The high ADX value value for ATCX suggests a strong trend.