ATI INC (ATI) Stock Technical Analysis
USA - New York Stock Exchange - 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.
Although ATI has an excellent technical rating, it does not offer a high quality setup 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
95.06
We found 4 important support areas.
- A support zone ranging from 118.62 to 119.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 114.76 to 115.14. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @111.60 from a trend line in the daily time frame.
- Support @96.02 from a horizontal line 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 ATI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ATI is up. |
| ChartMill Relative Strength | 96.25 | POSITIVE | ATI has a high relative strength, it outperformed 96.25% 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) | 74.16 | OVERBOUGHT | The high RSI value suggests ATI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests ATI has a positive trend. |
| Stochastics (14,3) | 78.68 | NEUTRAL | The Stochastics value for ATI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.84 | MEDIUM VOLATILITY | The ATR as a percentage value for ATI suggests some volalility. |
| Average Directional Index/ADX (14) | 36.71 | POSITIVE | The high ADX value value for ATI suggests a strong trend. |
122.3
+3.71 (+3.13%)
ATI INC / ATI FAQ
Can you provide the ChartMill technical rating for ATI INC?
ChartMill assigns a technical rating of 10 / 10 to ATI.
Can you provide the trend direction for ATI INC?
The current trend direction for ATI INC (ATI) is Bullish.
What is the RSI signal for ATI stock?
ATI INC (ATI) has an RSI value of 74.1612. This indicates that the stock is currently overbought.
What is the short term momentum for ATI INC (ATI) stock?
The short term momentum for ATI INC (ATI) is positive.
What is the buy/sell signal for ATI stock?
The buy/sell signal for ATI INC (ATI) is buy as both the short term and long term trends are positive.