ATHENA TECHNOLOGY ACQUISIT-A (ATEK) Technical Analysis
NYSEARCA:ATEK • US04687C1053
Current stock price
ATEK Technical Rating and Analysis
Overall ATEK gets a technical rating of 2 out of 10. ATEK 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.
- In the last month ATEK has a been trading in the 11.30 - 13.19 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: ATEK has an average volume of 3850 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When compared to the yearly performance of all other stocks, ATEK outperforms 54% of them, which is more or less in line with the market.
- ATEK is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ATEK is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
ATEK Weekly and Daily overview Charts
ATEK Setup Rating and Analysis
The technical rating of ATEK is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
ATEK Support and Resistance Analysis
10.88
We found 2 important support areas.
- A support zone ranging from 11.29 to 11.32. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 10.99 to 11.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 11.35 to 11.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 11.64 to 12.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
ATEK 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 | NEUTRAL | NEUTRAL | The long term trend for ATEK is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ATEK is neutral. |
| ChartMill Relative Strength | 54.41 | NEUTRAL | ATEK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ATEK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ATEK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ATEK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.2 | NEUTRAL | The RSI value for ATEK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ATEK has a negative trend. |
| Stochastics (14,3) | 21.04 | NEUTRAL | The Stochastics value for ATEK is a neutral value. |
| Average True Range in percent/ATR (20) | 5.1 | HIGH VOLATILITY | The high ATR as a percentage value for ATEK suggests high volalility. |
| Average Directional Index/ADX (14) | 25.1 | POSITIVE | The high ADX value value for ATEK suggests a strong trend. |
ATEK Chart- and CandleStick Pattern Analysis
ATEK Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:ATEK (12/9/2024, 8:04:01 PM)
11.33
-0.59 (-4.95%)
ATHENA TECHNOLOGY ACQUISIT-A / ATEK TA FAQ
Can you provide the ChartMill technical rating for ATHENA TECHNOLOGY ACQUISIT-A?
ChartMill assigns a technical rating of 2 / 10 to ATEK.
What is the current trend direction of ATHENA TECHNOLOGY ACQUISIT-A (ATEK) stock?
The current trend direction for ATHENA TECHNOLOGY ACQUISIT-A (ATEK) is Bearish.
What is the RSI signal for ATEK stock?
ATHENA TECHNOLOGY ACQUISIT-A (ATEK) has an RSI value of 41.1992. This indicates that the stock is currently neutral.
What is the MACD signal for ATEK stock?
The MACD indicator for ATHENA TECHNOLOGY ACQUISIT-A (ATEK) has a value of -0.0359237, indicating a bearish trend.