ATLAS LITHIUM INC (ATLX) Technical Analysis
NASDAQ:ATLX • US1058613068
Current stock price
4.87 USD
-0.23 (-4.51%)
At close:
4.77 USD
-0.1 (-2.05%)
After Hours:
ATLX Technical Rating and Analysis
Taking everything into account, ATLX scores 4 out of 10 in our technical rating. In the past year, ATLX was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- ATLX is one of the lesser performing stocks in the Metals & Mining industry. 75% of 157 stocks in the same industry do better.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When comparing the performance of all stocks over the past year, ATLX turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
- ATLX 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 ATLX is lagging the market slightly.
- In the last month ATLX has a been trading in the 4.38 - 5.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
ATLX Weekly and Daily overview Charts
ATLX Setup Rating and Analysis
Although the technical rating is only medium, ATLX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 4.66, a Stop Loss order could be placed below this zone.
More info and screens
ATLX Support and Resistance Analysis
3.69
6.07
We found 5 important support areas.
- A support zone ranging from 4.66 to 4.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.45 from a trend line in the daily time frame.
- Support @4.35 from a horizontal line in the daily time frame.
- A support zone ranging from 3.87 to 3.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.73 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 5.08 to 5.17. 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 5.26 to 5.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 5.40 to 5.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.57 from a trend line in the weekly time frame.
- Resistance @6.01 from a trend line in the daily time frame.
ATLX 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 | NEUTRAL | NEUTRAL | The long term trend for ATLX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ATLX is neutral. |
| ChartMill Relative Strength | 50.55 | NEUTRAL | ATLX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ATLX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ATLX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ATLX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.57 | NEUTRAL | The RSI value for ATLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ATLX has a negative trend. |
| Stochastics (14,3) | 44.15 | NEUTRAL | The Stochastics value for ATLX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.49 | HIGH VOLATILITY | The high ATR as a percentage value for ATLX suggests high volalility. |
| Average Directional Index/ADX (14) | 10.44 | NEGATIVE | The low ADX value for ATLX suggests a weak or negative trend. |
ATLX Chart- and CandleStick Pattern Analysis
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)
ATLX Technicals: Chart, Performance Metrics, Trend & Indicators
4.87
-0.23 (-4.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-4.51%
1 Week-3.37%
2 Weeks-7.94%
1 Month11.7%
3 Month14.59%
6 Month6.33%
12 Month-10.64%
2 Year-71.39%
3 Year-71.87%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%7.49%
ATR Inc-23.4%
Range Today0.32
ADR(20)0.33
ADR(20)%6.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.55
3 months CRS89.38
6 months CRS75.4
Mansfield-0.27
10 Day High5.67
10 Day Low4.61
20 Day High5.75
20 Day Low4.38
52 Week High8.25
52 Week Low3.54
CS1 End4.66
CR1 Start5.08
Volume & EV
DER(3)-10.45%
DER(5)-6.47%
Volume257.80K
Volume Incr-12.26%
Vol(5)315.84K
Vol(50)520.99K
ATLAS LITHIUM INC / ATLX TA FAQ
Can you provide the ChartMill technical rating for ATLAS LITHIUM INC?
ChartMill assigns a technical rating of 4 / 10 to ATLX.
What is the trend direction for ATLX stock?
The current trend direction for ATLAS LITHIUM INC (ATLX) is Bearish.
What is the RSI signal for ATLAS LITHIUM INC (ATLX) stock?
ATLAS LITHIUM INC (ATLX) has an RSI value of 45.5728. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ATLAS LITHIUM INC?
The MACD indicator for ATLAS LITHIUM INC (ATLX) has a value of -0.00968509, indicating a bearish trend.
Can you provide the short term momentum for ATLAS LITHIUM INC?
The short term momentum for ATLAS LITHIUM INC (ATLX) is neutral.