ATKORE INC (ATKR) Stock Technical Analysis
NYSE:ATKR - US0476491081 - Common Stock
59.27 USD
+1.06 (+1.82%)
59.27 USD
0 (0%)
We assign a technical rating of 1 out of 10 to ATKR. ATKR'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.
When comparing the yearly performance of all stocks, ATKR is a bad performer in the overall market: 91% of all stocks are doing better.
ATKR is one of the lesser performing stocks in the Electrical Equipment industry. 74% of 92 stocks in the same industry do better.
ATKR 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 ATKR has a been trading in the 53.49 - 60.48 range, which is quite wide. It is currently trading near the high of this range.
ATKR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 60.04. Right above this resistance zone may be a good entry point.
More info and screens
53.51
77.69
When analyzing the support we notice one important area.
- A support zone ranging from 54.05 to 54.06. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 60.04 to 60.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @70.01 from a trend line in the weekly time frame.
- Resistance @72.59 from a trend line in the weekly time frame.
- Resistance @76.92 from a trend line in the daily time frame.
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 ATKR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ATKR is down. |
| ChartMill Relative Strength | 9.77 | NEGATIVE | ATKR has a low relative strength, it was outperformed by 90.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ATKR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ATKR is below a declining 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) | 44.83 | NEUTRAL | The RSI value for ATKR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.58 | POSITIVE | The MACD value suggests ATKR has a positive trend. |
| Stochastics (14,3) | 45.01 | NEUTRAL | The Stochastics value for ATKR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.95 | MEDIUM VOLATILITY | The ATR as a percentage value for ATKR suggests some volalility. |
| Average Directional Index/ADX (14) | 25.27 | POSITIVE | The high ADX value value for ATKR 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)
59.27
+1.06 (+1.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg1.82%
1 Week1.2%
2 Weeks4.83%
1 Month7.78%
3 Month-13.23%
6 Month-8.63%
12 Month-29.25%
2 Year-60.27%
3 Year-23.83%
5 Year160.76%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.55
ATR(20)%2.95%
ATR Inc24.85%
Range Today1.68
ADR(20)1.66
ADR(20)%2.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.77
Mansfield-2.68
10 Day High60.48
10 Day Low56.09
20 Day High60.48
20 Day Low53.49
52 Week High105.28
52 Week Low49.92
CS1 End54.06
CR1 Start60.04
Volume & EV
DER(3)1.92%
DER(5)1.57%
Volume552.90K
Volume Incr-35.39%
Vol(5)514.68K
Vol(50)617.02K