ATKORE INC (ATKR) Stock Technical Analysis
USA - NYSE:ATKR - US0476491081 - Common Stock
60.76 USD
+0.24 (+0.4%)
60.76 USD
0 (0%)
We assign a technical rating of 1 out of 10 to ATKR. 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
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 part of the Electrical Equipment industry. There are 92 other stocks in this industry, of which 81% are performing better than ATKR.
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 56.09 - 62.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ATKR has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for ATKR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
53.51
77.47
We found 2 important support areas.
- A support zone ranging from 59.36 to 59.92. 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 54.05 to 54.06. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 60.80 to 61.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 62.22 to 63.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @65.20 from a trend line in the weekly time frame.
- Resistance @69.06 from a trend line in the weekly time frame.
- Resistance @76.70 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 | NEUTRAL | NEUTRAL | The short term trend for ATKR is neutral. |
| ChartMill Relative Strength | 9.74 | NEGATIVE | ATKR has a low relative strength, it was outperformed by 90.26% 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) | 49.92 | NEUTRAL | The RSI value for ATKR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests ATKR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.96 | NEUTRAL | The Stochastics value for ATKR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.65 | MEDIUM VOLATILITY | The ATR as a percentage value for ATKR suggests some volalility. |
| Average Directional Index/ADX (14) | 12.86 | NEGATIVE | The low ADX value for ATKR suggests a weak or negative 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)
60.76
+0.24 (+0.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg0.4%
1 Week0.78%
2 Weeks-0.65%
1 Month3.74%
3 Month-14.6%
6 Month0.28%
12 Month-29.04%
2 Year-59.27%
3 Year-21.91%
5 Year167.31%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.61
ATR(20)%2.65%
ATR Inc-4.31%
Range Today1.85
ADR(20)1.56
ADR(20)%2.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.74
Mansfield-2.45
10 Day High62.79
10 Day Low58.75
20 Day High62.79
20 Day Low56.09
52 Week High105.28
52 Week Low49.92
CS1 End59.92
CR1 Start60.8
Volume & EV
DER(3)4.57%
DER(5)4.12%
Volume1.12M
Volume Incr27.05%
Vol(5)743.58K
Vol(50)683.03K