ATLANTICUS HOLDINGS CORP (ATLC) Stock Technical Analysis
NASDAQ:ATLC • US04914Y1029
Overall ATLC gets a technical rating of 0 out of 10. ATLC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 70% of all other stocks performed better in the past year than ATLC.
- ATLC is part of the Consumer Finance industry. There are 54 other stocks in this industry, ATLC did better than 52% of them.
- 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.
- In the last month ATLC has a been trading in the 50.13 - 61.81 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, ATLC does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 51.62, a Stop Loss order could be placed below this zone.
More info and screens
50.03
When analyzing the support we notice one important area.
- A support zone ranging from 50.54 to 51.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @56.76 from a trend line in the daily time frame.
- Resistance @58.02 from a horizontal line in the daily time frame.
- Resistance @67.47 from a trend line 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 | 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 | 30.54 | NEUTRAL | ATLC is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of ATLC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.57 | NEUTRAL | The RSI value for ATLC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.48 | POSITIVE | The MACD value suggests ATLC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.26 | NEUTRAL | The Stochastics value for ATLC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.17 | HIGH VOLATILITY | The high ATR as a percentage value for ATLC suggests high volalility. |
| Average Directional Index/ADX (14) | 31.96 | POSITIVE | The high ADX value value for ATLC suggests a strong trend. |
54.92
-0.23 (-0.42%)
ATLANTICUS HOLDINGS CORP / ATLC FAQ
What is the technical rating for ATLC stock?
ChartMill assigns a technical rating of 0 / 10 to ATLC.
What is the trend direction for ATLC stock?
The current trend direction for ATLANTICUS HOLDINGS CORP (ATLC) is Bearish.
What is the RSI signal for ATLANTICUS HOLDINGS CORP (ATLC) stock?
ATLANTICUS HOLDINGS CORP (ATLC) has an RSI value of 44.5728. 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 0.483524, 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 sell as both the short term and long term trends are negative.