ATENOR (ATEB.BR) Stock Technical Analysis
EBR:ATEB - BE0003837540 - Common Stock
3.21 EUR
-0.05 (-1.53%)
Overall ATEB gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, ATEB is a bad performer.
When comparing the yearly performance of all stocks, ATEB is a bad performer in the overall market: 91% of all stocks are doing better.
ATEB is part of the Real Estate Management & Development industry. There are 70 other stocks in this industry, of which 73% are performing better than ATEB.
ATEB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: ATEB has an average volume of 9595 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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 ATEB has a been trading in the 3.06 - 3.50 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.
ATEB has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 3.20, a Stop Loss order could be placed below this zone.
More info and screens
2.75
3.45
2 important support areas can be observed.
- A support zone ranging from 3.12 to 3.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.78 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.25 to 3.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 ATEB.BR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ATEB.BR is neutral. |
| ChartMill Relative Strength | 9.23 | NEGATIVE | ATEB.BR has a low relative strength, it was outperformed by 90.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ATEB.BR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ATEB.BR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ATEB.BR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.82 | 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) | 14.75 | OVERSOLD | The low Stochastics value suggests ATEB.BR may be oversold. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for ATEB.BR suggests some volalility. |
| Average Directional Index/ADX (14) | 35.84 | POSITIVE | The high ADX value value for ATEB.BR suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 3.29 | 3.20 | 0.09 (2.77%) | 25.00% |
| An entry @3.29. This is a Buy Stop order right above the 10 day moving average. | An exit @3.20. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.09 points, which is 2.77%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.69%. |
- The distance between exit and entry is rather small compared to the average daily movement of ATEB. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EBR:ATEB (9/5/2025, 4:37:45 PM)
3.21
-0.05 (-1.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg-1.53%
1 Week-2.73%
2 Weeks-3.02%
1 Month4.22%
3 Month15.47%
6 Month8.26%
12 Month-42.47%
2 Year-73.36%
3 Year-92.17%
5 Year-94.48%
10 Year-92.28%
15 Year-90.2%
Volatility
ATR(14)0.08
ATR(20)%2.45%
ATR Inc-36.36%
Range Today0.04
ADR(20)0.08
ADR(20)%2.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.23
Mansfield-1.45
10 Day High3.38
10 Day Low3.21
20 Day High3.5
20 Day Low3.06
52 Week High5.57
52 Week Low2.7
CS1 End3.2
CR1 Start3.25
Volume & EV
DER(3)-9.15%
DER(5)-12.01%
Volume1.78K
Volume Incr-59.09%
Vol(5)3.54K
Vol(50)9.60K