ATI INC (ATI) Stock Technical Analysis
NYSE:ATI • US01741R1023
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.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that ATI is one of the better performing stocks in the market, outperforming 97% of all stocks. We also observe that the gains produced by ATI over the past year are nicely spread over this period.
- ATI is one of the better performing stocks in the Aerospace & Defense industry, it outperforms 90% of 73 stocks in the same industry.
- ATI is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month ATI has a been trading in the 117.19 - 149.08 range, which is quite wide. It is currently trading near the high of this range.
- ATI has an average volume of 1762760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
122.02
We found 1 important support area.
- A support zone ranging from 123.25 to 124.83. 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 | 97.03 | POSITIVE | ATI has a high relative strength, it outperformed 97.03% 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) | 85.99 | OVERBOUGHT | The high RSI value suggests ATI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.7 | POSITIVE | The MACD value suggests ATI has a positive trend. |
| Stochastics (14,3) | 98.56 | OVERBOUGHT | The high Stochastics value suggests ATI may be overbought. |
| Average True Range in percent/ATR (20) | 3.29 | MEDIUM VOLATILITY | The ATR as a percentage value for ATI suggests some volalility. |
| Average Directional Index/ADX (14) | 38.32 | POSITIVE | The high ADX value value for ATI suggests a strong trend. |
148.57
+1.82 (+1.24%)
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 85.9929. 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.