ATKORE INC (ATKR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ATKR - US0476491081 - Common Stock
Taking everything into account, ATKR scores 2 out of 10 in our technical rating. In the past year, ATKR was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is bad, ATKR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
53.52
5 important support areas can be observed.
- Support @63.32 from a trend line in the weekly time frame.
- Support @59.08 from a trend line in the daily time frame.
- Support @57.93 from a horizontal line in the daily time frame.
- A support zone ranging from 54.98 to 56.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @54.06 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 64.39 to 65.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @66.95 from a horizontal line in the daily time frame.
- A resistance zone ranging from 69.25 to 70.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @75.34 from a trend line in the weekly 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 | 24.28 | NEGATIVE | ATKR has a low relative strength, it was outperformed by 75.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ATKR is below the rising 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) | 47.79 | NEUTRAL | The RSI value for ATKR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests ATKR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.47 | NEUTRAL | The Stochastics value for ATKR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.05 | MEDIUM VOLATILITY | The ATR as a percentage value for ATKR suggests some volalility. |
| Average Directional Index/ADX (14) | 7.19 | NEGATIVE | The low ADX value for ATKR suggests a weak or negative trend. |
63.89
-0.26 (-0.41%)
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 47.7913. 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 63.32 and a resistance level at 64.39. Check the full technical report for our detailed analysis of ATKR support and resistance levels.