We assign a technical rating of 1 out of 10 to ATEC. ATEC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- In the last month ATEC has a been trading in the 14.30 - 23.29 range, which is quite wide. It is currently trading near the lows of this range.
- ATEC has an average volume of 2866080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, ATEC outperforms 46% of them, which is more or less in line with the market.
- ATEC is part of the Health Care Equipment & Supplies industry. There are 186 other stocks in this industry, ATEC did better than 66% of them.
- ATEC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ATEC is lagging the market.
ATEC has a poor technical rating and the quality of the setup is also only medium 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
12.30
2 important support areas can be observed.
- A support zone ranging from 14.36 to 14.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.42 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 22.55 to 22.59. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for ATEC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ATEC is down. |
| ChartMill Relative Strength | 46.22 | NEUTRAL | ATEC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ATEC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ATEC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ATEC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 28.81 | OVERSOLD | The low RSI value suggests ATEC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests ATEC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.87 | OVERSOLD | The low Stochastics value suggests ATEC may be oversold. |
| Average True Range in percent/ATR (20) | 7.47 | HIGH VOLATILITY | The high ATR as a percentage value for ATEC suggests high volalility. |
| Average Directional Index/ADX (14) | 35.83 | POSITIVE | The high ADX value value for ATEC suggests a strong trend. |
14.67
+0.18 (+1.24%)
ALPHATEC HOLDINGS INC / ATEC FAQ
What is the technical rating for ATEC stock?
ChartMill assigns a technical rating of 1 / 10 to ATEC.
Can you provide the trend direction for ALPHATEC HOLDINGS INC?
The current trend direction for ALPHATEC HOLDINGS INC (ATEC) is Bearish.
What is the RSI signal for ATEC stock?
ALPHATEC HOLDINGS INC (ATEC) has an RSI value of 28.8101. This indicates that the stock is currently oversold.
Can you provide the buy/sell signal for ALPHATEC HOLDINGS INC?
The buy/sell signal for ALPHATEC HOLDINGS INC (ATEC) is sell as both the short term and long term trends are negative.
What is the support and resistance level for ATEC stock?
ALPHATEC HOLDINGS INC (ATEC) has a support level at 14.66 and a resistance level at 22.55. Check the full technical report for our detailed analysis of ATEC support and resistance levels.