ATI INC (ATI)

US01741R1023 - Common Stock

51.1  +0.37 (+0.73%)

After market: 51.1 0 (0%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to ATI. 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.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, ATI did better than 89% of all other stocks.
ATI is part of the Metals & Mining industry. There are 155 other stocks in this industry. ATI outperforms 80% of them.
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.
ATI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
ATI has an average volume of 1243090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
ATI Weekly chart
ATI Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, ATI also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 51.09, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

34.65

52.62

We found 4 important support areas.

  • A support zone ranging from 50.83 to 51.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 47.86 to 48.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 40.80 to 40.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @35.00 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 51.31 to 52.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.32
Mansfield0.86
10 Day High52.98
10 Day Low49.63
20 Day High52.98
20 Day Low48.57
52 Week High52.98
52 Week Low34.1
Performance
1 Week-1.9%
2 Weeks1.19%
1 Month5.14%
3 Month21.64%
6 Month43.62%
12 Month32.8%
2 Year88.01%
3 Year119.69%
5 Year105.06%
10 Year24.03%
15 Year56.13%
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)
Technical Indicators
MACD(12,26,9)-0.18
RSI(14)55.72
LBB50.02
UBB52.27
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
52.1150.821.29 (2.48%)25.00%
An entry @52.11. This is a Buy Stop order right above the resistance zone.An exit @50.82. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 1.29 points, which is 2.48%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.62%.

  • The distance between exit and entry is rather small compared to the average daily movement of ATI. 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.
ATI Daily chart

ATI INC

NYSE:ATI (4/18/2024, 7:04:00 PM)

After market: 51.1 0 (0%)

51.1

+0.37 (+0.73%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.73%
1 Week-1.9%
2 Weeks1.19%
1 Month5.14%
3 Month21.64%
6 Month43.62%
12 Month32.8%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.54
ATR(20)%2.68%
ATR Inc
Range Today1.58
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High52.98
10 Day Low49.63
20 Day High52.98
20 Day Low48.57
52 Week High52.98
52 Week Low34.1
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume999.00K
Volume Incr-20.31%
Vol(5)826.58K
Vol(50)1.24M