ATENOR (ATEB.BR) Stock Technical Analysis
Europe - EBR:ATEB - BE0003837540 - Common Stock
Taking everything into account, ATEB scores 0 out of 10 in our technical rating. ATEB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of ATEB is bad and it also does not present a quality setup 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
2.68
We found 1 important support area.
- A support zone ranging from 2.71 to 2.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 2.94 to 3.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.15 to 3.16. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @3.41 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 ATEB.BR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ATEB.BR is down. |
| ChartMill Relative Strength | 6.07 | NEGATIVE | ATEB.BR has a low relative strength, it was outperformed by 93.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ATEB.BR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ATEB.BR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ATEB.BR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.34 | NEUTRAL | The RSI value for ATEB.BR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ATEB.BR has a negative trend. |
| Stochastics (14,3) | 16.99 | OVERSOLD | The low Stochastics value suggests ATEB.BR may be oversold. |
| Average True Range in percent/ATR (20) | 2.02 | MEDIUM VOLATILITY | The ATR as a percentage value for ATEB.BR suggests some volalility. |
| Average Directional Index/ADX (14) | 15.29 | NEGATIVE | The low ADX value for ATEB.BR suggests a weak or negative trend. |
EBR:ATEB (10/27/2025, 7:00:00 PM)
2.87
+0.03 (+1.06%)
ATENOR / ATEB.BR FAQ
Can you provide the ChartMill technical rating for ATENOR?
ChartMill assigns a technical rating of 0 / 10 to ATEB.BR.
What is the current trend direction of ATENOR (ATEB.BR) stock?
The current trend direction for ATENOR (ATEB.BR) is Bearish.
Can you provide the RSI signal for ATENOR?
ATENOR (ATEB.BR) has an RSI value of 35.3385. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ATENOR?
The MACD indicator for ATENOR (ATEB.BR) has a value of -0.00998691, indicating a bearish trend.
Can you provide the support and resistance levels for ATENOR?
ATENOR (ATEB.BR) has a support level at 2.71 and a resistance level at 2.94. Check the full technical report for our detailed analysis of ATEB.BR support and resistance levels.