ALPHA TECHNOLOGY GROUP LTD-A (ATGL) Stock Technical Analysis
NASDAQ:ATGL - Nasdaq - VGG0232G1155 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to ATGL. In the last year, ATGL was one of the better performers, but we do observe some doubts in the very recent evolution.
Warning: ATGL has an average volume of 12536 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
ATGL is part of the IT Services industry. There are 82 other stocks in this industry. ATGL outperforms 98% of them.
Looking at the yearly performance, ATGL did better than 99% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
ATGL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ATGL is lagging the market slightly.
In the last month ATGL has a been trading in the 22.02 - 28.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
ATGL has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 26.78. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 26.46, a Stop Loss order could be placed below this zone.
More info and screens
23.13
28.61
We found 4 important support areas.
- Support @24.85 from a trend line in the daily time frame.
- Support @24.30 from a horizontal line in the weekly time frame.
- Support @23.83 from a trend line in the daily time frame.
- Support @23.36 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 26.17 to 27.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 27.92 to 28.33. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for ATGL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ATGL is neutral. |
| ChartMill Relative Strength | 99.44 | POSITIVE | ATGL has a high relative strength, it outperformed 99.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ATGL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ATGL is below the rising 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) | 49.98 | NEUTRAL | The RSI value for ATGL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests ATGL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.49 | NEUTRAL | The Stochastics value for ATGL is a neutral value. |
| Average True Range in percent/ATR (20) | 6.37 | HIGH VOLATILITY | The high ATR as a percentage value for ATGL suggests high volalility. |
| Average Directional Index/ADX (14) | 9.67 | NEGATIVE | The low ADX value for ATGL 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 27.05 | 25.93 | 1.12 (4.14%) | 24.15% |
| An entry @27.05. This is a Buy Stop order right above the resistance zone. | An exit @25.93. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.12 points, which is 4.14%. | When investing 24.15% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of ATGL. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:ATGL (5/29/2025, 11:39:09 AM)
26
-0.75 (-2.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-2.8%
1 Week-4.17%
2 Weeks9.09%
1 Month-6.14%
3 Month-14.51%
6 Month68.88%
12 Month573.3%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.02
ATR(20)%6.37%
ATR Inc-43.31%
Range Today0.5
ADR(20)1.41
ADR(20)%5.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.44
Mansfield8.3
10 Day High28.5
10 Day Low23
20 Day High28.5
20 Day Low22.02
52 Week High57.32
52 Week Low1.15
CS1 End26.46
CR1 Start26.78
Volume & EV
DER(3)-3.81%
DER(5)-2.16%
Volume1.91K
Volume Incr-61.92%
Vol(5)4.32K
Vol(50)12.54K