Taking everything into account, ATMCR scores 1 out of 10 in our technical rating. ATMCR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The technical rating of ATMCR is bad and it also does not present a quality setup 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
0.12
When analyzing the support we can see 4 important areas.
- A support zone ranging from 0.18 to 0.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.15 from a trend line in the daily time frame.
- Support @0.14 from a trend line in the weekly time frame.
- Support @0.12 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.20 to 0.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.30 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for ATMCR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ATMCR is down. |
| ChartMill Relative Strength | 48.51 | NEUTRAL | ATMCR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ATMCR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ATMCR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ATMCR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.47 | NEUTRAL | The RSI value for ATMCR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ATMCR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.62 | NEUTRAL | The Stochastics value for ATMCR is a neutral value. |
| Average True Range in percent/ATR (20) | 12.02 | HIGH VOLATILITY | The high ATR as a percentage value for ATMCR suggests high volalility. |
| Average Directional Index/ADX (14) | 28.25 | POSITIVE | The high ADX value value for ATMCR suggests a strong trend. |
0.1924
0 (-0.62%)
ALPHATIME ACQUISITION-RIGHT / ATMCR FAQ
What is the ChartMill technical rating of ALPHATIME ACQUISITION-RIGHT (ATMCR) stock?
ChartMill assigns a technical rating of 1 / 10 to ATMCR.
What is the current trend direction of ALPHATIME ACQUISITION-RIGHT (ATMCR) stock?
The current trend direction for ALPHATIME ACQUISITION-RIGHT (ATMCR) is Bearish.
What is the RSI signal for ALPHATIME ACQUISITION-RIGHT (ATMCR) stock?
ALPHATIME ACQUISITION-RIGHT (ATMCR) has an RSI value of 37.4731. This indicates that the stock is currently neutral.
What is the MACD signal for ATMCR stock?
The MACD indicator for ALPHATIME ACQUISITION-RIGHT (ATMCR) has a value of -0.00689513, indicating a bearish trend.
What are the support and resistance levels for ALPHATIME ACQUISITION-RIGHT (ATMCR) stock?
ALPHATIME ACQUISITION-RIGHT (ATMCR) has a support level at 0.18 and a resistance level at 0.2. Check the full technical report for our detailed analysis of ATMCR support and resistance levels.