A10 NETWORKS INC (ATEN) Stock Technical Analysis
NYSE:ATEN - New York Stock Exchange, Inc. - US0021211018 - Common Stock - Currency: USD
Taking everything into account, ATEN scores 2 out of 10 in our technical rating. Although ATEN is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month ATEN has a been trading in the 17.05 - 19.57 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that ATEN is one of the better performing stocks in the market, outperforming 75% of all stocks.
ATEN is one of the better performing stocks in the Software industry, it outperforms 70% of 283 stocks in the same industry.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
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.
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. There is very little resistance above the current price.
More info and screens
14.32
19.89
When analyzing the support we can see 4 important areas.
- Support @17.03 from a horizontal line in the daily time frame.
- Support @16.19 from a trend line in the weekly time frame.
- A support zone ranging from 14.89 to 15.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.46 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- Resistance @17.24 from a trend line in the daily time frame.
- A resistance zone ranging from 17.76 to 18.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 18.73 to 18.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 19.66 to 19.69. 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 | DOWN | NEGATIVE | The short term trend for ATEN is down. |
| ChartMill Relative Strength | 75.58 | POSITIVE | ATEN has a high relative strength, it outperformed 75.58% off all stocks 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) | DOWN | NEGATIVE | The current price of ATEN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ATEN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.96 | NEUTRAL | The RSI value for ATEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests ATEN has a negative trend. |
| Stochastics (14,3) | 19.36 | OVERSOLD | The low Stochastics value suggests ATEN may be oversold. |
| Average True Range in percent/ATR (20) | 3.39 | MEDIUM VOLATILITY | The ATR as a percentage value for ATEN suggests some volalility. |
| Average Directional Index/ADX (14) | 13.97 | NEGATIVE | The low ADX value for ATEN suggests a weak or negative 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)
17.18
-0.18 (-1.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.04%
1 Week-1.32%
2 Weeks-3.21%
1 Month-8.28%
3 Month-2.55%
6 Month-20.61%
12 Month30.65%
2 Year15.38%
3 Year23.6%
5 Year100.94%
10 Year158.74%
15 YearN/A
Volatility
ATR(14)0.72
ATR(20)%3.39%
ATR Inc-13.09%
Range Today0.33
ADR(20)0.52
ADR(20)%3.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.58
Mansfield-0.87
10 Day High19.57
10 Day Low17.05
20 Day High19.57
20 Day Low17.05
52 Week High21.9
52 Week Low12.72
CS1 End17.03
CR1 Start17.24
Volume & EV
DER(3)0.57%
DER(5)-1.81%
Volume611.20K
Volume Incr-10.67%
Vol(5)835.46K
Vol(50)854.87K