ATLANTICUS HOLDINGS CORP (ATLC) Stock Technical Analysis
NASDAQ:ATLC - Nasdaq - US04914Y1029 - Common Stock - Currency: USD
Taking everything into account, ATLC scores 3 out of 10 in our technical rating. Although ATLC is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
ATLC is one of the better performing stocks in the Consumer Finance industry, it outperforms 80% of 52 stocks in the same industry.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Looking at the yearly performance, ATLC did better than 94% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
ATLC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ATLC is lagging the market slightly.
In the last month ATLC has a been trading in the 46.00 - 54.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of ATLC is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
44.59
58.31
3 important support areas can be observed.
- A support zone ranging from 48.74 to 48.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @47.41 from a horizontal line in the daily time frame.
- Support @45.04 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 51.15 to 51.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @54.07 from a trend line in the weekly time frame.
- Resistance @55.36 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 57.44 to 57.73. 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 | NEUTRAL | NEUTRAL | The long term trend for ATLC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ATLC is neutral. |
| ChartMill Relative Strength | 94.31 | POSITIVE | ATLC has a high relative strength, it outperformed 94.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ATLC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ATLC is below a declining 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) | 47.96 | NEUTRAL | The RSI value for ATLC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.42 | POSITIVE | The MACD value suggests ATLC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.76 | NEUTRAL | The Stochastics value for ATLC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.5 | MEDIUM VOLATILITY | The ATR as a percentage value for ATLC suggests some volalility. |
| Average Directional Index/ADX (14) | 17.24 | NEGATIVE | The low ADX value for ATLC 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)
50.94
-2.95 (-5.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg-5.47%
1 Week-1.3%
2 Weeks3.85%
1 Month-3.52%
3 Month4.73%
6 Month-15.65%
12 Month92.23%
2 Year21.26%
3 Year44.84%
5 Year392.65%
10 Year1343.06%
15 YearN/A
Volatility
ATR(14)1.68
ATR(20)%3.5%
ATR Inc32.46%
Range Today2.03
ADR(20)1.59
ADR(20)%3.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.31
Mansfield0.69
10 Day High54.45
10 Day Low47.56
20 Day High54.45
20 Day Low46
52 Week High64.7
52 Week Low25.44
CS1 End48.76
CR1 Start51.15
Volume & EV
DER(3)2.15%
DER(5)1.63%
Volume66.70K
Volume Incr29.07%
Vol(5)62.56K
Vol(50)50.60K