Taking everything into account, ATMCW scores 8 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, ATMCW is showing a nice and steady performance.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that ATMCW is one of the better performing stocks in the market, outperforming 98% of all stocks.
- ATMCW is currently trading in the middle of its 52 week range, while the S&P500 Index is trading in the lower part of its yearly range. So ATMCW is doing better than the market!
- In the last month ATMCW has a been trading in the 0.05 - 0.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, ATMCW also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 0.06, a Stop Loss order could be placed below this zone.
More info and screens
0.06
We found 1 important support area.
- A support zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.07 to 0.07. 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 0.08 to 0.08. 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 ATMCW is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ATMCW is neutral. |
| ChartMill Relative Strength | 98.94 | POSITIVE | ATMCW has a high relative strength, it outperformed 98.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ATMCW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ATMCW is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ATMCW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.74 | NEUTRAL | The RSI value for ATMCW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ATMCW has a positive trend. |
| Stochastics (14,3) | 33.5 | NEUTRAL | The Stochastics value for ATMCW is a neutral value. |
| Average True Range in percent/ATR (20) | 16.75 | HIGH VOLATILITY | The high ATR as a percentage value for ATMCW suggests high volalility. |
| Average Directional Index/ADX (14) | 10.84 | NEGATIVE | The low ADX value for ATMCW suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.08 | 0.04 | 0.04 (50.00%) | 2.00% |
| An entry @0.08. This is a Buy Stop order right above the resistance zone. | An exit @0.04. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.04 points, which is 50.00%. | For a 1.00% total portfolio risk, you can invest 2.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
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+0 (+0.14%)
ALPHATIME ACQUISITION COR-28 / ATMCW FAQ
What is the ChartMill technical rating of ALPHATIME ACQUISITION COR-28 (ATMCW) stock?
ChartMill assigns a technical rating of 8 / 10 to ATMCW.
What is the current trend direction of ALPHATIME ACQUISITION COR-28 (ATMCW) stock?
The current trend direction for ALPHATIME ACQUISITION COR-28 (ATMCW) is Bullish.
What is the RSI signal for ALPHATIME ACQUISITION COR-28 (ATMCW) stock?
ALPHATIME ACQUISITION COR-28 (ATMCW) has an RSI value of 51.7351. This indicates that the stock is currently neutral.
What is the short term momentum for ALPHATIME ACQUISITION COR-28 (ATMCW) stock?
The short term momentum for ALPHATIME ACQUISITION COR-28 (ATMCW) is neutral.