A10 NETWORKS INC (ATEN) Stock Technical Analysis
NYSE:ATEN - New York Stock Exchange, Inc. - US0021211018 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to ATEN. In the past year, ATEN was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, we notice that ATEN is one of the better performing stocks in the market, outperforming 82% of all stocks.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
ATEN is an average performer in the Software industry, it outperforms 67% of 282 stocks in the same industry.
ATEN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ATEN is lagging the market.
In the last month ATEN has a been trading in the 17.01 - 20.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although ATEN has an excellent technical rating, it does not present a decent entry opportunity 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
14.32
20.34
We found 5 important support areas.
- A support zone ranging from 17.68 to 18.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.92 from a trend line in the weekly time frame.
- Support @15.24 from a trend line in the daily time frame.
- Support @14.93 from a trend line in the weekly time frame.
- Support @14.46 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 20.00 to 20.14. 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 | NEUTRAL | NEUTRAL | The long term trend for ATEN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ATEN is neutral. |
| ChartMill Relative Strength | 82.61 | POSITIVE | ATEN has a high relative strength, it outperformed 82.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ATEN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ATEN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ATEN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.21 | NEUTRAL | The RSI value for ATEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests ATEN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.95 | NEUTRAL | The Stochastics value for ATEN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.11 | MEDIUM VOLATILITY | The ATR as a percentage value for ATEN suggests some volalility. |
| Average Directional Index/ADX (14) | 26.19 | POSITIVE | The high ADX value value for ATEN 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)
18.45
+0.45 (+2.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg2.5%
1 Week-2.54%
2 Weeks-6.63%
1 Month2.16%
3 Month17.14%
6 Month-2.69%
12 Month35.86%
2 Year18.88%
3 Year23.74%
5 Year128.34%
10 Year183.41%
15 YearN/A
Volatility
ATR(14)0.57
ATR(20)%3.11%
ATR Inc-17.61%
Range Today0.66
ADR(20)0.53
ADR(20)%2.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.61
Mansfield0.14
10 Day High20.28
10 Day Low17.01
20 Day High20.28
20 Day Low17.01
52 Week High21.9
52 Week Low12.27
CS1 End18.26
CR1 Start20
Volume & EV
DER(3)3.38%
DER(5)0.93%
Volume1.56M
Volume Incr25.21%
Vol(5)1.05M
Vol(50)827.44K