ATLAS ENERGY GROUP LLC (ATLS) Technical Analysis
NYSE:ATLS • US04929Q1022
Current stock price
ATLS Technical Rating and Analysis
Taking everything into account, ATLS scores 1 out of 10 in our technical rating. ATLS 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, ATLS is a bad performer in the overall market: 94% of all stocks are doing better.
- ATLS is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ATLS is lagging the market.
- In the last month ATLS has a been trading in the 0.36 - 0.80 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ATLS Weekly and Daily overview Charts
ATLS Setup Rating and Analysis
Although the technical rating is bad, ATLS does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for ATLS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
ATLS Support and Resistance Analysis
0.48
When analyzing the support we notice one important area.
- Support @0.48 from a trend line in the daily time frame.
ATLS Technical Indicator Signal Analysis
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 ATLS is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ATLS is neutral. |
| ChartMill Relative Strength | 6.16 | NEGATIVE | ATLS has a low relative strength, it was outperformed by 93.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ATLS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ATLS is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ATLS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.01 | NEUTRAL | The RSI value for ATLS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ATLS has a positive trend. |
| Stochastics (14,3) | 69.68 | NEUTRAL | The Stochastics value for ATLS is a neutral value. |
| Average True Range in percent/ATR (20) | 16.03 | HIGH VOLATILITY | The high ATR as a percentage value for ATLS suggests high volalility. |
ATLS Chart- and CandleStick Pattern Analysis
ATLS Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:ATLS (3/18/2016, 7:59:40 PM)
0.68
+0.04 (+6.25%)
ATLAS ENERGY GROUP LLC / ATLS TA FAQ
What is the ChartMill technical rating of ATLAS ENERGY GROUP LLC (ATLS) stock?
ChartMill assigns a technical rating of 1 / 10 to ATLS.
What is the current trend direction of ATLAS ENERGY GROUP LLC (ATLS) stock?
The current trend direction for ATLAS ENERGY GROUP LLC (ATLS) is Bearish.
What is the RSI signal for ATLS stock?
ATLAS ENERGY GROUP LLC (ATLS) has an RSI value of 58.0097. This indicates that the stock is currently neutral.
What is the short term momentum for ATLAS ENERGY GROUP LLC (ATLS) stock?
The short term momentum for ATLAS ENERGY GROUP LLC (ATLS) is neutral.
What is the support and resistance level for ATLS stock?
ATLAS ENERGY GROUP LLC (ATLS) has a support level at 0.48. Check the full technical report for our detailed analysis of ATLS support and resistance levels.