We assign a technical rating of 7 out of 10 to ATGL. ATGL has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Besides having an excellent technical rating, ATGL also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
25.81
We can see 4 important resistance areas.
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 ATGL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ATGL is up. |
| ChartMill Relative Strength | 87.13 | POSITIVE | ATGL has a high relative strength, it outperformed 87.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ATGL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ATGL is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ATGL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.16 | NEUTRAL | The RSI value for ATGL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.06 | POSITIVE | The MACD value suggests ATGL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.62 | NEUTRAL | The Stochastics value for ATGL is a neutral value. |
| Average True Range in percent/ATR (20) | 15.49 | HIGH VOLATILITY | The high ATR as a percentage value for ATGL suggests high volalility. |
| Average Directional Index/ADX (14) | 34.86 | POSITIVE | The high ADX value value for ATGL suggests a strong trend. |
26.068
-0.18 (-0.69%)
ChartMill assigns a technical rating of 7 / 10 to ATGL.
The current trend direction for ALPHA TECHNOLOGY GROUP LTD-A (ATGL) is Bearish.
ALPHA TECHNOLOGY GROUP LTD-A (ATGL) has an RSI value of 60.1618. This indicates that the stock is currently neutral.
The MACD indicator for ALPHA TECHNOLOGY GROUP LTD-A (ATGL) has a value of 1.0639, indicating a bullish trend.