We assign a technical rating of 5 out of 10 to ATMP. In the last year, ATMP was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, ATMP does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 29.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.75, 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
27.11
When analyzing the support we can see 2 important areas.
- A support zone ranging from 28.58 to 28.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 27.38 to 28.05. 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 29.00 to 29.68. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for ATMP is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ATMP is neutral. |
| ChartMill Relative Strength | 44.38 | NEUTRAL | ATMP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ATMP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ATMP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ATMP is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.48 | NEUTRAL | The RSI value for ATMP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ATMP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 47.87 | NEUTRAL | The Stochastics value for ATMP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.16 | LOW VOLATILITY | The low ATR as a percentage value for ATMP suggests low volalility. |
| Average Directional Index/ADX (14) | 12.86 | NEGATIVE | The low ADX value for ATMP suggests a weak or negative trend. |
NYSEARCA:ATMP (1/9/2026, 8:04:00 PM)
28.92
+0.13 (+0.45%)
IPATH SELECT MLP ETN / ATMP FAQ
Can you provide the ChartMill technical rating for IPATH SELECT MLP ETN?
ChartMill assigns a technical rating of 5 / 10 to ATMP.
What is the trend direction for ATMP stock?
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 54.4763. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for IPATH SELECT MLP ETN?
IPATH SELECT MLP ETN (ATMP) has a support level at 28.75 and a resistance level at 29. Check the full technical report for our detailed analysis of ATMP support and resistance levels.