ATKORE INC (ATKR) Stock Technical Analysis
USA - NYSE:ATKR - US0476491081 - Common Stock
Overall ATKR gets a technical rating of 2 out of 10. ATKR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of ATKR 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
53.30
We found 2 important support areas.
- Support @55.42 from a trend line in the daily time frame.
- A support zone ranging from 53.84 to 54.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 64.20 to 64.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 66.29 to 68.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 69.25 to 70.00. 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 | NEUTRAL | NEUTRAL | The long term trend for ATKR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ATKR is neutral. |
| ChartMill Relative Strength | 22.08 | NEGATIVE | ATKR has a low relative strength, it was outperformed by 77.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ATKR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ATKR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ATKR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.14 | NEUTRAL | The RSI value for ATKR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.82 | NEGATIVE | The MACD value suggests ATKR has a negative trend. |
| Stochastics (14,3) | 27.78 | NEUTRAL | The Stochastics value for ATKR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.44 | MEDIUM VOLATILITY | The ATR as a percentage value for ATKR suggests some volalility. |
| Average Directional Index/ADX (14) | 16.84 | NEGATIVE | The low ADX value for ATKR suggests a weak or negative trend. |
61.57
+3.63 (+6.27%)
ATKORE INC / ATKR FAQ
What is the ChartMill technical rating of ATKORE INC (ATKR) stock?
ChartMill assigns a technical rating of 2 / 10 to ATKR.
What is the current trend direction of ATKORE INC (ATKR) stock?
The current trend direction for ATKORE INC (ATKR) is Bearish.
What is the RSI signal for ATKORE INC (ATKR) stock?
ATKORE INC (ATKR) has an RSI value of 41.1424. This indicates that the stock is currently neutral.
What is the short term momentum for ATKORE INC (ATKR) stock?
The short term momentum for ATKORE INC (ATKR) is neutral.
Can you provide the support and resistance levels for ATKORE INC?
ATKORE INC (ATKR) has a support level at 55.42 and a resistance level at 64.2. Check the full technical report for our detailed analysis of ATKR support and resistance levels.