Alliant Techsystems Inc. (ATK) Technical Analysis
NYSE:ATK • US0188041042
Current stock price
ATK Technical Rating and Analysis
Taking everything into account, ATK scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ATK is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month ATK has a been trading in the 116.10 - 140.61 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Looking at the yearly performance, ATK did better than 79% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- ATK is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ATK is lagging the market slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ATK Weekly and Daily overview Charts
ATK Setup Rating and Analysis
Although ATK has an excellent technical rating, it does not present a decent entry opportunity 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
ATK Support and Resistance Analysis
103.56
When analyzing the support we can see 4 important areas.
- A support zone ranging from 134.05 to 134.75. 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 127.98 to 130.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @107.70 from a trend line in the weekly time frame.
- Support @104.61 from a trend line in the weekly time frame.
ATK 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 ATK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ATK is up. |
| ChartMill Relative Strength | 79.31 | POSITIVE | ATK has a high relative strength, it outperformed 79.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ATK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ATK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ATK is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 74.14 | OVERBOUGHT | The high RSI value suggests ATK may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.8 | POSITIVE | The MACD value suggests ATK has a positive trend, although the MACD value is declining. |
| Average True Range in percent/ATR (20) | 2.81 | MEDIUM VOLATILITY | The ATR as a percentage value for ATK suggests some volalility. |
ATK Chart- and CandleStick Pattern Analysis
ATK Technicals: Chart, Performance Metrics, Trend & Indicators
140.03
+0.78 (+0.56%)
Alliant Techsystems Inc. / ATK TA FAQ
What is the technical rating for ATK stock?
ChartMill assigns a technical rating of 8 / 10 to ATK.
What is the trend direction for ATK stock?
The current trend direction for Alliant Techsystems Inc. (ATK) is Bullish.
Can you provide the RSI signal for Alliant Techsystems Inc.?
Alliant Techsystems Inc. (ATK) has an RSI value of 74.1352. This indicates that the stock is currently overbought.
Can you provide the short term momentum for Alliant Techsystems Inc.?
The short term momentum for Alliant Techsystems Inc. (ATK) is positive.
Can you provide the buy/sell signal for Alliant Techsystems Inc.?
The buy/sell signal for Alliant Techsystems Inc. (ATK) is buy as both the short term and long term trends are positive.