ATERIAN INC (ATER) Stock Technical Analysis
NASDAQ:ATER • US02156U2006
Overall ATER gets a technical rating of 0 out of 10. ATER's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 94% of all other stocks performed better in the past year than ATER.
- ATER is part of the Household Durables industry. There are 60 other stocks in this industry, of which 98% are performing better than ATER.
- ATER is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month ATER has a been trading in the 0.52 - 0.83 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Considerably lower volume is observed in the last couple of days.
The technical rating of ATER is bad and it also does not present a quality setup 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
0.56
We can see 4 important resistance areas.
- Resistance @0.61 from a trend line in the weekly time frame.
- Resistance @0.65 from a trend line in the daily time frame.
- A resistance zone ranging from 0.67 to 0.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.69 from a trend line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for ATER is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ATER is down. |
| ChartMill Relative Strength | 6.44 | NEGATIVE | ATER has a low relative strength, it was outperformed by 93.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ATER is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ATER is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ATER is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.59 | NEUTRAL | The RSI value for ATER is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ATER has a negative trend. |
| Stochastics (14,3) | 16.72 | OVERSOLD | The low Stochastics value suggests ATER may be oversold. |
| Average True Range in percent/ATR (20) | 10.21 | HIGH VOLATILITY | The high ATR as a percentage value for ATER suggests high volalility. |
| Average Directional Index/ADX (14) | 16.64 | NEGATIVE | The low ADX value for ATER suggests a weak or negative trend. |
0.5652
-0.01 (-1.02%)
ATERIAN INC / ATER FAQ
What is the ChartMill technical rating of ATERIAN INC (ATER) stock?
ChartMill assigns a technical rating of 0 / 10 to ATER.
What is the trend direction for ATER stock?
The current trend direction for ATERIAN INC (ATER) is Bearish.
Can you provide the RSI signal for ATERIAN INC?
ATERIAN INC (ATER) has an RSI value of 32.5908. This indicates that the stock is currently neutral.
What is the MACD signal for ATER stock?
The MACD indicator for ATERIAN INC (ATER) has a value of -0.0100809, indicating a bearish trend.
What are the support and resistance levels for ATERIAN INC (ATER) stock?
ATERIAN INC (ATER) has a resistance level at 0.61. Check the full technical report for our detailed analysis of ATER support and resistance levels.