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ATLATSA RES CORP (ATL) Stock Technical Analysis

USA - NYSEARCA:ATL - CA0494771029

0.06
-0.02 (-25%)
Last: 7/10/2015, 8:05:25 PM
Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to ATL. ATL'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.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, ATL is a bad performer in the overall market: 98% of all stocks are doing better.
ATL is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so ATL is lagging the market.
In the last month ATL has a been trading in the 0.06 - 0.14 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.

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Weekly and Daily overview Charts
ATLATSA RES CORP / ATL Weekly stock chart
ATLATSA RES CORP / ATL Daily stock chart
Setup Rating and Analysis

1

The technical rating of ATL is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

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Support and Resistance Analysis

0.06

0.12

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

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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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for ATL is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for ATL is down.
ChartMill Relative Strength2.48NEGATIVEATL has a low relative strength, it was outperformed by 97.52% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of ATL is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of ATL is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of ATL is below a declining SMA(200).
Relative Strength Index/RSI (14)24.6OVERSOLDThe low RSI value suggests ATL may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests ATL has a negative trend.
Stochastics (14,3)16.67OVERSOLDThe low Stochastics value suggests ATL may be oversold.
Average True Range in percent/ATR (20)30HIGH VOLATILITYThe high ATR as a percentage value for ATL suggests high volalility.
Chart- and CandleStick Pattern Analysis
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)

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ATLATSA RES CORP / ATL Daily stock chart

ATLATSA RES CORP

NYSEARCA:ATL (7/10/2015, 8:05:25 PM)

0.06

-0.02 (-25%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-25%
1 Week-40%
2 Weeks-45.45%
1 Month-45.45%
3 Month-62.5%
6 Month-66.67%
12 Month-85.37%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%30%
ATR Inc7.69%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.48
3 months CRSN/A
6 months CRSN/A
Mansfield-7.08
10 Day High0.14
10 Day Low0.06
20 Day High0.14
20 Day Low0.06
52 Week High0.45
52 Week Low0.06
CS1 EndN/A
CR1 Start0.12
Volume & EV
DER(3)1.67%
DER(5)-12.18%
Volume70.10K
Volume Incr215.7%
Vol(5)126.28K
Vol(50)60.40K

ATLATSA RES CORP / ATL FAQ

What is the ChartMill technical rating of ATLATSA RES CORP (ATL) stock?

ChartMill assigns a technical rating of 0 / 10 to ATL.


What is the current trend direction of ATLATSA RES CORP (ATL) stock?

The current trend direction for ATLATSA RES CORP (ATL) is Bearish.


What is the RSI signal for ATL stock?

ATLATSA RES CORP (ATL) has an RSI value of 24.5987. This indicates that the stock is currently oversold.


Can you provide the MACD signal for ATLATSA RES CORP?

The MACD indicator for ATLATSA RES CORP (ATL) has a value of -0.00490162, indicating a bearish trend.


Can you provide the short term momentum for ATLATSA RES CORP?

The short term momentum for ATLATSA RES CORP (ATL) is negative.