AMES NATIONAL CORP (ATLO) Stock Technical Analysis
NASDAQ:ATLO - Nasdaq - US0310011004 - Common Stock - Currency: USD
Taking everything into account, ATLO scores 1 out of 10 in our technical rating. ATLO'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.
77% of all other stocks performed better in the past year than ATLO.
ATLO is one of the lesser performing stocks in the Banks industry. 93% of 396 stocks in the same industry do better.
ATLO is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ATLO is lagging the market.
Warning: ATLO has an average volume of 12480 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
In the last month ATLO has a been trading in a tight range between 17.12 and 18.10.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, ATLO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
15.77
20.85
We found 2 important support areas.
- Support @16.83 from a trend line in the daily time frame.
- A support zone ranging from 15.93 to 16.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 17.35 to 17.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @18.30 from a horizontal line in the daily time frame.
- A resistance zone ranging from 18.77 to 18.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @20.64 from a trend line in the weekly 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 ATLO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ATLO is neutral. |
| ChartMill Relative Strength | 23.75 | NEGATIVE | ATLO has a low relative strength, it was outperformed by 76.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ATLO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ATLO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ATLO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.08 | NEUTRAL | The RSI value for ATLO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ATLO has a negative trend. |
| Stochastics (14,3) | 27.09 | NEUTRAL | The Stochastics value for ATLO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.28 | MEDIUM VOLATILITY | The ATR as a percentage value for ATLO suggests some volalility. |
| Average Directional Index/ADX (14) | 16.23 | NEGATIVE | The low ADX value for ATLO 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)
17.34
+0.03 (+0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.17%
1 Week-1.92%
2 Weeks-3.13%
1 Month-1.31%
3 Month-6.67%
6 Month0.87%
12 Month-13.77%
2 Year-3.83%
3 Year-21.82%
5 Year-12.16%
10 Year-30.92%
15 Year-11.26%
Volatility
ATR(14)0.4
ATR(20)%2.28%
ATR Inc-12.18%
Range Today0.24
ADR(20)0.37
ADR(20)%2.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.75
Mansfield-0.77
10 Day High18.09
10 Day Low17.12
20 Day High18.1
20 Day Low17.12
52 Week High22.03
52 Week Low15.69
CS1 End16.83
CR1 Start17.35
Volume & EV
DER(3)-1.35%
DER(5)-1.18%
Volume5.90K
Volume Incr-30.29%
Vol(5)7.32K
Vol(50)12.48K