USA - NYSE:ATI - US01741R1023 - Common Stock
We assign a technical rating of 10 out of 10 to ATI. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ATI is showing a nice and steady performance.
ATI has an excellent technical rating and 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.
84.37
When analyzing the support we can see 2 important 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 | 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 | 93.11 | POSITIVE | ATI has a high relative strength, it outperformed 93.11% 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) | 65.79 | NEUTRAL | The RSI value for ATI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests ATI has a negative trend. |
| Stochastics (14,3) | 71.87 | NEUTRAL | The Stochastics value for ATI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.66 | MEDIUM VOLATILITY | The ATR as a percentage value for ATI suggests some volalility. |
| Average Directional Index/ADX (14) | 35.14 | POSITIVE | The high ADX value value for ATI suggests a strong trend. |
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 |
|---|---|---|---|
| 103.44 | 96.01 | 7.43 (7.18%) | 13.92% |
| An entry @103.44. This is a Buy Stop order right above the 10 day high. | An exit @96.01. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 7.43 points, which is 7.18%. | When investing 13.92% of your capital in this trade, your total portfolio risk will be 1.00%. |
99.08
+1.17 (+1.19%)
ChartMill assigns a technical rating of 10 / 10 to ATI.
The current trend direction for ATI INC (ATI) is Bullish.
ATI INC (ATI) has an RSI value of 65.7887. This indicates that the stock is currently neutral.
The MACD indicator for ATI INC (ATI) has a value of -0.050178, indicating a bearish trend.
ATI INC (ATI) has a support level at 96.02. Check the full technical report for our detailed analysis of ATI support and resistance levels.