IPATH SELECT MLP ETN (ATMP) Stock Technical Analysis
USA - NYSEARCA:ATMP - US06742C7231 - ETF
We assign a technical rating of 0 out of 10 to ATMP. ATMP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, ATMP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 28.28. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 27.58, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ATMP 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
27.08
We found 1 important support area.
- A support zone ranging from 27.35 to 27.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 28.28 to 29.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @30.28 from a horizontal line in the weekly time frame.
- Resistance @31.14 from a horizontal line in the weekly 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 ATMP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ATMP is down. |
| ChartMill Relative Strength | 34.31 | NEUTRAL | ATMP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ATMP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ATMP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ATMP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.78 | NEUTRAL | The RSI value for ATMP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ATMP has a positive trend. |
| Stochastics (14,3) | 46.54 | NEUTRAL | The Stochastics value for ATMP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.08 | LOW VOLATILITY | The low ATR as a percentage value for ATMP suggests low volalility. |
| Average Directional Index/ADX (14) | 16.37 | NEGATIVE | The low ADX value for ATMP suggests a weak or negative trend. |
NYSEARCA:ATMP (10/31/2025, 8:27:17 PM)
27.78
+0.01 (+0.04%)
IPATH SELECT MLP ETN / ATMP FAQ
Can you provide the ChartMill technical rating for IPATH SELECT MLP ETN?
ChartMill assigns a technical rating of 0 / 10 to ATMP.
Can you provide the trend direction for IPATH SELECT MLP ETN?
The current trend direction for IPATH SELECT MLP ETN (ATMP) is Bearish.
What is the RSI signal for ATMP stock?
IPATH SELECT MLP ETN (ATMP) has an RSI value of 44.778. This indicates that the stock is currently neutral.
What is the short term momentum for ATMP stock?
The short term momentum for IPATH SELECT MLP ETN (ATMP) is negative.
What are the support and resistance levels for IPATH SELECT MLP ETN (ATMP) stock?
IPATH SELECT MLP ETN (ATMP) has a support level at 27.58 and a resistance level at 28.28. Check the full technical report for our detailed analysis of ATMP support and resistance levels.