ATI INC (ATI) Stock Technical Analysis
USA - NYSE:ATI - US01741R1023 - Common Stock
Overall ATI gets a technical rating of 10 out of 10. 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. There is very little resistance above the current price. There is a support zone below the current price at 96.02, a Stop Loss order could be placed below this zone.
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85.22
When analyzing the support we can see 2 important areas.
- A support zone ranging from 94.90 to 96.02. 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 86.08 to 87.46. 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 | 93.81 | POSITIVE | ATI has a high relative strength, it outperformed 93.81% 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) | 65.6 | NEUTRAL | The RSI value for ATI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests ATI has a negative trend. |
| Stochastics (14,3) | 62.49 | NEUTRAL | The Stochastics value for ATI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.8 | MEDIUM VOLATILITY | The ATR as a percentage value for ATI suggests some volalility. |
| Average Directional Index/ADX (14) | 34.54 | 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 |
|---|---|---|---|
| 101.12 | 94.89 | 6.23 (6.16%) | 16.23% |
| An entry @101.12. This is a Buy Stop order right above the 10 day high. | An exit @94.89. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 6.23 points, which is 6.16%. | For a 1.00% total portfolio risk, you can invest 16.23% of your capital in this trade. |
- 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.
99.37
+0.81 (+0.82%)
ATI INC / ATI FAQ
Can you provide the ChartMill technical rating for ATI INC?
ChartMill assigns a technical rating of 10 / 10 to ATI.
What is the current trend direction of ATI INC (ATI) stock?
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 65.6047. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ATI INC?
The MACD indicator for ATI INC (ATI) has a value of -0.188966, indicating a bearish trend.
Can you provide the support and resistance levels for ATI INC?
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.