ATI INC (ATI) Stock Technical Analysis
NYSE:ATI - New York Stock Exchange, Inc. - US01741R1023 - Common Stock - Currency: USD
Overall ATI gets a technical rating of 9 out of 10. Both in the recent history as in the last year, ATI has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
ATI is one of the better performing stocks in the Metals & Mining industry, it outperforms 81% of 154 stocks in the same industry.
ATI is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ATI is leading the market.
In the last month ATI has a been trading in the 73.85 - 86.40 range, which is quite wide. It is currently trading near the high of this range.
ATI has an average volume of 2062450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, ATI did better than 94% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Although ATI has an excellent technical rating, the quality of the presented setup is not ideal 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
43.63
86.01
When analyzing the support we can see 2 important areas.
- A support zone ranging from 81.47 to 82.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @44.07 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 83.90 to 85.16. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for ATI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ATI is up. |
| ChartMill Relative Strength | 94.95 | POSITIVE | ATI has a high relative strength, it outperformed 94.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ATI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ATI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ATI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.41 | NEUTRAL | The RSI value for ATI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.74 | NEGATIVE | The MACD value suggests ATI has a negative trend. |
| Stochastics (14,3) | 70.87 | NEUTRAL | The Stochastics value for ATI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.56 | MEDIUM VOLATILITY | The ATR as a percentage value for ATI suggests some volalility. |
| Average Directional Index/ADX (14) | 51.28 | POSITIVE | The high ADX value value for ATI suggests a strong 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)
82.18
-2.52 (-2.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.98%
1 Week-2.04%
2 Weeks-0.96%
1 Month7.9%
3 Month57.92%
6 Month50.9%
12 Month51.99%
2 Year85.8%
3 Year261.87%
5 Year706.48%
10 Year172.12%
15 Year85.97%
Volatility
ATR(14)2.08
ATR(20)%2.56%
ATR Inc14.2%
Range Today3.05
ADR(20)2.04
ADR(20)%2.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.95
Mansfield2.96
10 Day High86.4
10 Day Low81.52
20 Day High86.4
20 Day Low73.85
52 Week High86.4
52 Week Low39.23
CS1 End82.17
CR1 Start83.9
Volume & EV
DER(3)0.36%
DER(5)-0.09%
Volume2.64M
Volume Incr7.77%
Vol(5)2.00M
Vol(50)2.06M