ATI PHYSICAL THERAPY INC (ATIP) Stock Technical Analysis
NYSE:ATIP - New York Stock Exchange, Inc. - US00216W2089 - Common Stock - Currency: USD
Taking everything into account, ATIP scores 0 out of 10 in our technical rating. ATIP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
99% of all other stocks performed better in the past year than ATIP.
ATIP is part of the Health Care Providers & Services industry. There are 103 other stocks in this industry, of which 91% are performing better than ATIP.
ATIP is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ATIP has a been trading in the 1.46 - 5.10 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days.
The technical rating of ATIP is bad and it also does not present a 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
1.51
1.81
When analyzing the support we notice one important area.
- A support zone ranging from 1.53 to 1.53. 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 | DOWN | NEGATIVE | The long term trend for ATIP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ATIP is down. |
| ChartMill Relative Strength | 1.34 | NEGATIVE | ATIP has a low relative strength, it was outperformed by 98.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ATIP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ATIP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ATIP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 25.82 | OVERSOLD | The low RSI value suggests ATIP may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests ATIP has a positive trend. |
| Stochastics (14,3) | 19.62 | OVERSOLD | The low Stochastics value suggests ATIP may be oversold. |
| Average True Range in percent/ATR (20) | 26.38 | HIGH VOLATILITY | The high ATR as a percentage value for ATIP suggests high volalility. |
| Average Directional Index/ADX (14) | 52.09 | POSITIVE | The high ADX value value for ATIP suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
1.79
+0.11 (+6.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg6.55%
1 Week1.7%
2 Weeks-5.29%
1 Month-65.24%
3 Month-69.92%
6 Month-54.63%
12 Month-74.75%
2 Year-88.26%
3 Year-98.94%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%26.38%
ATR Inc133.26%
Range Today0.82
ADR(20)0.47
ADR(20)%26.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.34
Mansfield-7.09
10 Day High2.5
10 Day Low1.46
20 Day High5.1
20 Day Low1.46
52 Week High7.74
52 Week Low1.46
CS1 End1.53
CR1 StartN/A
Volume & EV
DER(3)-3.69%
DER(5)-3.11%
Volume3.67M
Volume Incr888.44%
Vol(5)843.63K
Vol(50)124.74K