ARCHIMEDES TECH SPAC PARTNER (ATII) Stock Technical Analysis
NASDAQ:ATII - Nasdaq - KYG045371096 - Common Stock - Currency: USD
Overall ATII gets a technical rating of 4 out of 10. ATII has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
Although the technical rating is only medium, ATII does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 10.23. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.22, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
9.86
When analyzing the support we can see 2 important areas.
- A support zone ranging from 10.17 to 10.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.96 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 10.23 to 10.24. 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 ATII is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ATII is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ATII has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ATII is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ATII is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 61.86 | NEUTRAL | The RSI value for ATII is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ATII has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 70.41 | NEUTRAL | The Stochastics value for ATII is a neutral value. |
| Average True Range in percent/ATR (20) | 0.15 | LOW VOLATILITY | The low ATR as a percentage value for ATII suggests low volalility. |
| Average Directional Index/ADX (14) | 38.87 | POSITIVE | The high ADX value value for ATII suggests a strong trend. |
NASDAQ:ATII (8/6/2025, 4:30:02 PM)
10.23
0 (0%)