A10 NETWORKS INC (ATEN) Technical Analysis
NYSE:ATEN • US0021211018
Current stock price
ATEN Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to ATEN. Both in the recent history as in the last year, ATEN has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, ATEN did better than 89% of all other stocks. We also observe that the gains produced by ATEN over the past year are nicely spread over this period.
- ATEN is part of the Software industry. There are 275 other stocks in this industry. ATEN outperforms 93% of them.
- ATEN is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ATEN is leading the market.
- In the last month ATEN has a been trading in the 19.99 - 24.22 range, which is quite wide. It is currently trading near the high of this range.
- ATEN has an average volume of 1013200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ATEN Weekly and Daily overview Charts
ATEN Setup Rating and Analysis
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
ATEN Support and Resistance Analysis
16.38
When analyzing the support we can see 5 important areas.
- Support @22.34 from a horizontal line in the daily time frame.
- Support @18.02 from a trend line in the weekly time frame.
- Support @17.46 from a trend line in the daily time frame.
- A support zone ranging from 16.99 to 17.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.55 from a horizontal line in the daily time frame.
ATEN 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 | UP | POSITIVE | The long term trend for ATEN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ATEN is up. |
| ChartMill Relative Strength | 89.13 | POSITIVE | ATEN has a high relative strength, it outperformed 89.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ATEN is above 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) | 71.38 | OVERBOUGHT | The high RSI value suggests ATEN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests ATEN has a positive trend. |
| Stochastics (14,3) | 90.49 | OVERBOUGHT | The high Stochastics value suggests ATEN may be overbought. |
| Average True Range in percent/ATR (20) | 3.02 | MEDIUM VOLATILITY | The ATR as a percentage value for ATEN suggests some volalility. |
| Average Directional Index/ADX (14) | 36.33 | POSITIVE | The high ADX value value for ATEN suggests a strong trend. |
ATEN Chart- and CandleStick Pattern Analysis
ATEN Technicals: Chart, Performance Metrics, Trend & Indicators
23.99
-0.09 (-0.37%)
A10 NETWORKS INC / ATEN TA FAQ
What is the ChartMill technical rating of A10 NETWORKS INC (ATEN) stock?
ChartMill assigns a technical rating of 10 / 10 to ATEN.
What is the current trend direction of A10 NETWORKS INC (ATEN) stock?
The current trend direction for A10 NETWORKS INC (ATEN) is Bullish.
What is the RSI signal for A10 NETWORKS INC (ATEN) stock?
A10 NETWORKS INC (ATEN) has an RSI value of 71.3821. This indicates that the stock is currently overbought.
What is the short term momentum for A10 NETWORKS INC (ATEN) stock?
The short term momentum for A10 NETWORKS INC (ATEN) is positive.
What is the buy/sell signal for A10 NETWORKS INC (ATEN) stock?
The buy/sell signal for A10 NETWORKS INC (ATEN) is buy as both the short term and long term trends are positive.