ATI INC (ATI) Technical Analysis
NYSE:ATI • US01741R1023
Current stock price
ATI Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to ATI. In the last year, ATI was one of the better performers, but we do observe some doubts in the very recent evolution.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- 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 92% of 79 stocks in the same industry.
- ATI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ATI is performing more or less in line with the market.
- ATI has an average volume of 2142140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month ATI has a been trading in the 139.83 - 168.14 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ATI Weekly and Daily overview Charts
ATI Setup Rating and Analysis
Besides having an excellent technical rating, ATI 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 141.79, a Stop Loss order could be placed below this zone.
More info and screens
ATI Support and Resistance Analysis
128.97
We found 2 important support areas.
- A support zone ranging from 139.83 to 141.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @130.27 from a trend line in the daily time frame.
ATI Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for ATI is neutral. |
| ChartMill Relative Strength | 97.43 | POSITIVE | ATI has a high relative strength, it outperformed 97.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ATI is below a declining 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) | 51.7 | NEUTRAL | The RSI value for ATI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.82 | NEGATIVE | The MACD value suggests ATI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.83 | NEUTRAL | The Stochastics value for ATI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.89 | MEDIUM VOLATILITY | The ATR as a percentage value for ATI suggests some volalility. |
| Average Directional Index/ADX (14) | 27.34 | POSITIVE | The high ADX value value for ATI suggests a strong trend. |
ATI Chart- and CandleStick Pattern Analysis
ATI Example Setup
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 |
|---|---|---|---|
| 159.71 | 139.82 | 19.89 (12.45%) | 8.03% |
| An entry @159.71. This is a Buy Stop order right above the 10 day high. | An exit @139.82. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 19.89 points, which is 12.45%. | For a 1.00% total portfolio risk, you can invest 8.03% 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.
ATI Technicals: Chart, Performance Metrics, Trend & Indicators
149
-0.59 (-0.39%)
ATI INC / ATI TA FAQ
Can you provide the ChartMill technical rating for ATI INC?
ChartMill assigns a technical rating of 9 / 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 51.7007. This indicates that the stock is currently neutral.
What is the short term momentum for ATI INC (ATI) stock?
The short term momentum for ATI INC (ATI) is neutral.