ALPHATIME ACQUISITION COR-28 (ATMCW) Stock Technical Analysis
NASDAQ:ATMCW -
0.0515 USD
+0 (+3%)
0.06 USD
+0.01 (+16.5%)
We assign a technical rating of 8 out of 10 to ATMCW. 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 gets the benefit of the doubt for now.
ATMCW is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ATMCW is lagging the market slightly.
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. However, this overall good ranking is mostly due to the recent strong move.
In the last month ATMCW has a been trading in the 0.03 - 0.07 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although ATMCW has an excellent technical rating, it does not offer a high 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
0.05
0.05
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.05 to 0.05. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 98.63 | POSITIVE | ATMCW has a high relative strength, it outperformed 98.63% 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 | POSITIVE | The current price of ATMCW is above 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) | 56.82 | NEUTRAL | The RSI value for ATMCW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ATMCW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.22 | NEUTRAL | The Stochastics value for ATMCW is a neutral value. |
| Average True Range in percent/ATR (20) | 14.05 | HIGH VOLATILITY | The high ATR as a percentage value for ATMCW suggests high volalility. |
| Average Directional Index/ADX (14) | 26.26 | POSITIVE | The high ADX value value for ATMCW suggests a strong trend. |
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)
0.0515
+0 (+3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg3%
1 Week-6.19%
2 Weeks28.75%
1 Month71.67%
3 Month287.22%
6 Month157.5%
12 Month106%
2 Year-21.25%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%14.05%
ATR Inc-28.19%
Range Today0
ADR(20)0
ADR(20)%7.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.63
Mansfield10.33
10 Day High0.07
10 Day Low0.04
20 Day High0.07
20 Day Low0.03
52 Week High0.07
52 Week Low0.01
CS1 EndN/A
CR1 Start0.05
Volume & EV
DER(3)0%
DER(5)-4.75%
Volume500
Volume Incr370.58%
Vol(5)45.74K
Vol(50)46.30K