Logo image of ATEB.BR

ATENOR (ATEB.BR) Stock Technical Analysis

EBR:ATEB - Euronext Brussels - BE0003837540 - Common Stock - Currency: EUR

2.77  +0.01 (+0.36%)

Technical Rating and Analysis

0

Overall ATEB gets a technical rating of 0 out of 10. ATEB'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, ATEB is a bad performer in the overall market: 95% of all stocks are doing better.
ATEB is part of the Real Estate Management & Development industry. There are 73 other stocks in this industry, of which 77% are performing better than ATEB.
ATEB is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so ATEB is lagging the market.
Warning: ATEB has an average volume of 8787 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month ATEB has a been trading in a tight range between 2.76 and 2.90.
Weekly and Daily overview Charts
ATENOR / ATEB Weekly stock chart
ATENOR / ATEB Daily stock chart
Setup Rating and Analysis

8

ATEB has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 2.77, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ATEB 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.
Support and Resistance Analysis

2.72

3.60

When analyzing the support we notice one important area.

  • A support zone ranging from 2.75 to 2.77. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 3 important resistance areas.

  • A resistance zone ranging from 2.80 to 2.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 2.90 to 2.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @3.56 from a trend line in the weekly time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for ATEB.BR is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for ATEB.BR is down.
ChartMill Relative Strength5.06NEGATIVEATEB.BR has a low relative strength, it was outperformed by 94.94% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of ATEB.BR is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of ATEB.BR is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of ATEB.BR is below a declining SMA(200).
Relative Strength Index/RSI (14)44.09NEUTRALThe RSI value for ATEB.BR is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests ATEB.BR has a negative trend.
Stochastics (14,3)8.33OVERSOLDThe low Stochastics value suggests ATEB.BR may be oversold.
Average True Range in percent/ATR (20)2.49MEDIUM VOLATILITYThe ATR as a percentage value for ATEB.BR suggests some volalility.
Average Directional Index/ADX (14)19.6NEGATIVEThe low ADX value for ATEB.BR suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
ATENOR / ATEB Daily stock chart

ATENOR

EBR:ATEB (6/5/2025, 7:00:00 PM)

2.77

+0.01 (+0.36%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg0.36%
1 Week-2.81%
2 Weeks-1.07%
1 Month-3.48%
3 Month-6.58%
6 Month-23.59%
12 Month-54.37%
2 Year-89.43%
3 Year-94.63%
5 Year-95.07%
10 Year-93.26%
15 Year-91.61%
Volatility
ATR(14)0.07
ATR(20)%2.49%
ATR Inc-30%
Range Today0.05
ADR(20)0.06
ADR(20)%2.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.06
Mansfield-3.49
10 Day High2.88
10 Day Low2.76
20 Day High2.9
20 Day Low2.76
52 Week High6.1
52 Week Low2.76
CS1 End2.77
CR1 Start2.8
Volume & EV
DER(3)0%
DER(5)7.6%
Volume3.49K
Volume Incr11.72%
Vol(5)9.23K
Vol(50)8.79K