Taking everything into account, ATLC scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ATLC is showing a nice and steady performance.
ATLC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 69.39. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 65.99, a Stop Loss order could be placed below this zone.
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4 important support areas can be observed.
- A support zone ranging from 65.99 to 65.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @56.73 from a trend line in the weekly time frame.
- Support @53.80 from a horizontal line in the daily time frame.
- A support zone ranging from 52.04 to 52.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 69.39 to 70.14. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for ATLC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ATLC is up. |
| ChartMill Relative Strength | 81.14 | POSITIVE | ATLC has a high relative strength, it outperformed 81.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ATLC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ATLC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ATLC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.41 | NEUTRAL | The RSI value for ATLC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.67 | NEGATIVE | The MACD value suggests ATLC has a negative trend. |
| Stochastics (14,3) | 56.4 | NEUTRAL | The Stochastics value for ATLC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.66 | MEDIUM VOLATILITY | The ATR as a percentage value for ATLC suggests some volalility. |
| Average Directional Index/ADX (14) | 22.25 | NEUTRAL | The ADX value for ATLC suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 70.15 | 65.98 | 4.17 (5.94%) | 16.82% |
| An entry @70.15. This is a Buy Stop order right above the resistance zone. | An exit @65.98. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.17 points, which is 5.94%. | When investing 16.82% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of ATLC. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
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-0.3 (-0.45%)
ATLANTICUS HOLDINGS CORP / ATLC FAQ
What is the technical rating for ATLC stock?
ChartMill assigns a technical rating of 10 / 10 to ATLC.
What is the trend direction for ATLC stock?
The current trend direction for ATLANTICUS HOLDINGS CORP (ATLC) is Bullish.
What is the RSI signal for ATLANTICUS HOLDINGS CORP (ATLC) stock?
ATLANTICUS HOLDINGS CORP (ATLC) has an RSI value of 52.412. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ATLANTICUS HOLDINGS CORP?
The MACD indicator for ATLANTICUS HOLDINGS CORP (ATLC) has a value of -0.670205, indicating a bearish trend.
What is the buy/sell signal for ATLANTICUS HOLDINGS CORP (ATLC) stock?
The buy/sell signal for ATLANTICUS HOLDINGS CORP (ATLC) is buy as both the short term and long term trends are positive.