ATI INC (ATI) Stock Technical Analysis
NYSE:ATI - New York Stock Exchange, Inc. - US01741R1023 - Common Stock - Currency: USD
We assign a technical rating of 9 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.
ATI is part of the Metals & Mining industry. There are 155 other stocks in this industry. ATI outperforms 85% of them.
A new 52 week high is currently being made by ATI, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month ATI has a been trading in the 81.27 - 89.47 range, which is quite wide. It is currently trading near the high of this range.
ATI has an average volume of 2063420 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.
ATI has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
81.36
90.20
We found 1 important support area.
- A support zone ranging from 82.18 to 82.50. This zone is formed by a combination of multiple trend lines 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 | 94.87 | POSITIVE | ATI has a high relative strength, it outperformed 94.87% 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) | 71.11 | OVERBOUGHT | The high RSI value suggests ATI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests ATI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 91.89 | OVERBOUGHT | The high Stochastics value suggests ATI may be overbought. |
| Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for ATI suggests some volalility. |
| Average Directional Index/ADX (14) | 33.57 | 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)
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 |
|---|---|---|---|
| 89.49 | 83.04 | 6.45 (7.20%) | 13.88% |
| An entry @89.48. This is a Buy Stop order right above the 10 day high. | An exit @83.04. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 6.45 points, which is 7.20%. | When investing 13.88% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
89.31
+1.26 (+1.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.43%
1 Week2.83%
2 Weeks4.24%
1 Month6.46%
3 Month91.12%
6 Month62.12%
12 Month52.59%
2 Year87.31%
3 Year258.82%
5 Year927.73%
10 Year318.9%
15 Year87.59%
Volatility
ATR(14)2.1
ATR(20)%2.41%
ATR Inc-16.13%
Range Today2.01
ADR(20)2.06
ADR(20)%2.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.87
Mansfield3.21
10 Day High89.48
10 Day Low83.05
20 Day High89.48
20 Day Low81.27
52 Week High89.48
52 Week Low39.23
CS1 End82.5
CR1 StartN/A
Volume & EV
DER(3)0.6%
DER(5)0.78%
Volume1.22M
Volume Incr-32.75%
Vol(5)1.36M
Vol(50)2.06M