AMES NATIONAL CORP (ATLO)

US0310011004 - Common Stock

19.74  +0.42 (+2.17%)

After market: 19.74 0 (0%)

Technical Rating and Analysis

2

Taking everything into account, ATLO scores 2 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.

When comparing the yearly performance of all stocks, ATLO is a bad performer in the overall market: 63% of all stocks are doing better.
Warning: ATLO has an average volume of 12438 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
ATLO is part of the Banks industry. There are 411 other stocks in this industry, ATLO did better than 45% of them.
ATLO 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 ATLO is lagging the market slightly.
In the last month ATLO has a been trading in the 18.81 - 20.23 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
ATLO Weekly chart
ATLO Daily chart
Setup Rating and Analysis

10

ATLO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 19.79. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.53, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ATLO in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
  • 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.
Support and Resistance Analysis

17.46

22.54

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 19.22 to 19.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 17.64 to 18.13. 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 19.79 to 19.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @21.41 from a trend line in the weekly time frame.
  • A resistance zone ranging from 22.32 to 22.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.2
Mansfield-0.51
10 Day High19.82
10 Day Low18.9
20 Day High20.23
20 Day Low18.81
52 Week High22.5
52 Week Low15.01
Performance
1 Week3.08%
2 Weeks2.28%
1 Month-2.18%
3 Month-6.45%
6 Month22.08%
12 Month2.49%
2 Year-15.64%
3 Year-21.91%
5 Year-30.12%
10 Year-9.57%
15 Year-8.95%
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)54.56
LBB18.73
UBB19.85
ATLO Daily chart

AMES NATIONAL CORP

NASDAQ:ATLO (4/26/2024, 7:00:00 PM)

After market: 19.74 0 (0%)

19.74

+0.42 (+2.17%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.17%
1 Week3.08%
2 Weeks2.28%
1 Month-2.18%
3 Month-6.45%
6 Month22.08%
12 Month2.49%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.52
ATR(20)%2.57%
ATR Inc
Range Today0.3
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High19.82
10 Day Low18.9
20 Day High20.23
20 Day Low18.81
52 Week High22.5
52 Week Low15.01
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume12.90K
Volume Incr-15.77%
Vol(5)8.76K
Vol(50)12.44K