Overall ATER gets a technical rating of 0 out of 10. ATER scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 93% of all other stocks performed better in the past year than ATER.
- ATER is one of the lesser performing stocks in the Household Durables industry. 94% of 60 stocks in the same industry do better.
- 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 0.62 - 0.90 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, ATER does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.71. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for ATER in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.68
We found 1 important support area.
- Support @0.69 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.71 to 0.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.78 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 | NEUTRAL | NEUTRAL | The short term trend for ATER is neutral. |
| ChartMill Relative Strength | 7 | NEGATIVE | ATER has a low relative strength, it was outperformed by 93% 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) | 47.5 | NEUTRAL | The RSI value for ATER is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ATER has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.27 | NEUTRAL | The Stochastics value for ATER is a neutral value. |
| Average True Range in percent/ATR (20) | 8.89 | HIGH VOLATILITY | The high ATR as a percentage value for ATER suggests high volalility. |
| Average Directional Index/ADX (14) | 16.45 | NEGATIVE | The low ADX value for ATER suggests a weak or negative trend. |
0.7
+0.05 (+7.69%)
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 47.5008. 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 -0.00492262, indicating a bearish trend.
What are the support and resistance levels for ATERIAN INC (ATER) stock?
ATERIAN INC (ATER) has a support level at 0.69 and a resistance level at 0.71. Check the full technical report for our detailed analysis of ATER support and resistance levels.