AMES NATIONAL CORP (ATLO) Stock Technical Analysis
NASDAQ:ATLO - Nasdaq - US0310011004 - Common Stock - Currency: USD
Overall ATLO gets a technical rating of 6 out of 10. ATLO has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
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. 91% of 394 stocks in the same industry do better.
Warning: ATLO has an average volume of 13368 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 positive. This is a very positive sign.
In the last month ATLO has a been trading in the 16.94 - 18.68 range, which is quite wide. It is currently trading near the high of this range.
ATLO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ATLO is lagging the market.
Although the technical rating is only medium, ATLO does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 17.96, a Stop Loss order could be placed below this zone.
More info and screens
15.77
20.71
We found 3 important support areas.
- A support zone ranging from 17.48 to 17.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.03 to 17.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 15.93 to 16.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 18.25 to 18.30. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 18.69 to 18.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @20.50 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 | UP | POSITIVE | The long term trend for ATLO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ATLO is up. |
| ChartMill Relative Strength | 23.25 | NEGATIVE | ATLO has a low relative strength, it was outperformed by 76.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ATLO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ATLO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ATLO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.33 | NEUTRAL | The RSI value for ATLO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ATLO has a negative trend. |
| Stochastics (14,3) | 51.95 | NEUTRAL | The Stochastics value for ATLO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for ATLO suggests some volalility. |
| Average Directional Index/ADX (14) | 14.29 | 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)
18.11
+0.06 (+0.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.33%
1 Week-1.58%
2 Weeks-0.33%
1 Month6.4%
3 Month7.8%
6 Month3.96%
12 Month-13.68%
2 Year-5.97%
3 Year-18.42%
5 Year-2.11%
10 Year-25.29%
15 Year-6.41%
Volatility
ATR(14)0.34
ATR(20)%2.06%
ATR Inc22.72%
Range Today0.41
ADR(20)0.35
ADR(20)%1.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.25
Mansfield-0.63
10 Day High18.68
10 Day Low17.75
20 Day High18.68
20 Day Low16.94
52 Week High22.03
52 Week Low15.69
CS1 End17.96
CR1 Start18.25
Volume & EV
DER(3)-1.55%
DER(5)-0.82%
Volume15.00K
Volume Incr-23.25%
Vol(5)13.90K
Vol(50)13.37K