A10 NETWORKS INC (ATEN) Stock Technical Analysis
USA - NYSE:ATEN - US0021211018 - Common Stock
Overall ATEN gets a technical rating of 3 out of 10. ATEN 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.
ATEN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 17.45, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
16.75
When analyzing the support we notice one important area.
- A support zone ranging from 16.92 to 17.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 17.85 to 17.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 18.24 to 18.33. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 18.79 to 18.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 20.14 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 | 66.6 | NEUTRAL | ATEN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ATEN is below a declining 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) | DOWN | NEGATIVE | The current price of ATEN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.52 | NEUTRAL | The RSI value for ATEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ATEN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.76 | NEUTRAL | The Stochastics value for ATEN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for ATEN suggests some volalility. |
| Average Directional Index/ADX (14) | 14.38 | NEGATIVE | The low ADX value for ATEN suggests a weak or negative trend. |
17.84
+0.17 (+0.96%)
A10 NETWORKS INC / ATEN FAQ
What is the ChartMill technical rating of A10 NETWORKS INC (ATEN) stock?
ChartMill assigns a technical rating of 3 / 10 to ATEN.
Can you provide the trend direction for A10 NETWORKS INC?
The current trend direction for A10 NETWORKS INC (ATEN) is Bearish.
What is the RSI signal for ATEN stock?
A10 NETWORKS INC (ATEN) has an RSI value of 49.5173. This indicates that the stock is currently neutral.
Can you provide the short term momentum for A10 NETWORKS INC?
The short term momentum for A10 NETWORKS INC (ATEN) is neutral.