Taking everything into account, ATLO scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ATLO is showing a nice and steady performance.
ATLO has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
18.00
We found 3 important support areas.
- A support zone ranging from 20.33 to 20.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.61 to 19.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.18 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 21.47 to 21.47. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for ATLO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ATLO is neutral. |
| ChartMill Relative Strength | 84.08 | POSITIVE | ATLO has a high relative strength, it outperformed 84.08% 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) | UP | POSITIVE | The current price of ATLO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.98 | NEUTRAL | The RSI value for ATLO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ATLO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 62.54 | NEUTRAL | The Stochastics value for ATLO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.88 | LOW VOLATILITY | The low ATR as a percentage value for ATLO suggests low volalility. |
| Average Directional Index/ADX (14) | 22.16 | NEUTRAL | The ADX value for ATLO suggests a possible start of a new trend. |
21.46
+0.51 (+2.43%)
AMES NATIONAL CORP / ATLO FAQ
Can you provide the ChartMill technical rating for AMES NATIONAL CORP?
ChartMill assigns a technical rating of 10 / 10 to ATLO.
What is the trend direction for ATLO stock?
The current trend direction for AMES NATIONAL CORP (ATLO) is Bullish.
What is the RSI signal for ATLO stock?
AMES NATIONAL CORP (ATLO) has an RSI value of 60.9775. This indicates that the stock is currently neutral.
What is the MACD signal for ATLO stock?
The MACD indicator for AMES NATIONAL CORP (ATLO) has a value of -0.0273223, indicating a bearish trend.
What is the short term momentum for AMES NATIONAL CORP (ATLO) stock?
The short term momentum for AMES NATIONAL CORP (ATLO) is neutral.