ATLANTICUS HOLDINGS CORP (ATLC) Stock Technical Analysis
USA - NASDAQ:ATLC - US04914Y1029 - Common Stock
55.65 USD
+0.68 (+1.24%)
55.65 USD
0 (0%)
Overall ATLC gets a technical rating of 2 out of 10. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
In the last month ATLC has a been trading in the 52.78 - 69.68 range, which is quite wide. It is currently trading near the lows of this range.
ATLC is one of the better performing stocks in the Consumer Finance industry, it outperforms 74% of 55 stocks in the same industry.
Looking at the yearly performance, ATLC did better than 87% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
ATLC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ATLC is lagging the market.
ATLC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 57.58. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 53.78, a Stop Loss order could be placed below this zone.
More info and screens
46.95
59.52
We found 5 important support areas.
- A support zone ranging from 53.46 to 53.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @52.56 from a trend line in the weekly time frame.
- Support @50.95 from a trend line in the daily time frame.
- Support @50.12 from a trend line in the weekly time frame.
- A support zone ranging from 47.42 to 47.42. 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 57.58 to 58.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 ATLC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ATLC is down. |
| ChartMill Relative Strength | 87.66 | POSITIVE | ATLC has a high relative strength, it outperformed 87.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ATLC is below 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 | MIXED | The current price of ATLC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.4 | NEUTRAL | The RSI value for ATLC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests ATLC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.97 | NEUTRAL | The Stochastics value for ATLC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.13 | HIGH VOLATILITY | The high ATR as a percentage value for ATLC suggests high volalility. |
| Average Directional Index/ADX (14) | 22.45 | NEUTRAL | The ADX value for ATLC suggests a possible start of a new 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)
55.65
+0.68 (+1.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg1.24%
1 Week-4.07%
2 Weeks2.79%
1 Month-18.35%
3 Month10.77%
6 Month0.72%
12 Month52.72%
2 Year90.19%
3 Year94.85%
5 Year386.03%
10 Year1742.72%
15 YearN/A
Volatility
ATR(14)2.82
ATR(20)%5.13%
ATR Inc-36.92%
Range Today1.98
ADR(20)2.83
ADR(20)%5.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.66
Mansfield-0.93
10 Day High60.37
10 Day Low53.24
20 Day High69.68
20 Day Low52.78
52 Week High78.91
52 Week Low36.63
CS1 End53.78
CR1 Start57.58
Volume & EV
DER(3)-0.04%
DER(5)-2.69%
Volume51.00K
Volume Incr-34.01%
Vol(5)58.98K
Vol(50)65.95K