IPATH SELECT MLP ETN (ATMP) Stock Technical Analysis
NYSEARCA:ATMP • US06742C7231
Overall ATMP gets a technical rating of 8 out of 10. Although ATMP is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- ATMP is part of the Banks industry. There are 381 other stocks in this industry, of which 63% are performing better than ATMP.
- Both the short term and long term trends are positive. This is a very positive sign.
- A new 52 week high is currently being made by ATMP, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month ATMP has a been trading in the 29.43 - 32.37 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, ATMP outperforms 62% of them, which is more or less in line with the market.
- Volume is considerably higher in the last couple of days.
Although ATMP has an excellent technical rating, it does not present a decent entry opportunity 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
27.60
When analyzing the support we can see 2 important areas.
- A support zone ranging from 28.76 to 29.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 27.88 to 28.29. 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 ATMP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ATMP is up. |
| ChartMill Relative Strength | 62.6 | 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) | UP | POSITIVE | The current price of ATMP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 78.64 | OVERBOUGHT | The high RSI value suggests ATMP may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests ATMP has a positive trend. |
| Stochastics (14,3) | 96.74 | OVERBOUGHT | The high Stochastics value suggests ATMP may be overbought. |
| Average True Range in percent/ATR (20) | 1.2 | LOW VOLATILITY | The low ATR as a percentage value for ATMP suggests low volalility. |
| Average Directional Index/ADX (14) | 47.17 | POSITIVE | The high ADX value value for ATMP suggests a strong trend. |
NYSEARCA:ATMP (2/12/2026, 1:46:09 PM)
32.16
-0.13 (-0.4%)
IPATH SELECT MLP ETN / ATMP FAQ
Can you provide the ChartMill technical rating for IPATH SELECT MLP ETN?
ChartMill assigns a technical rating of 8 / 10 to ATMP.
What is the trend direction for ATMP stock?
The current trend direction for IPATH SELECT MLP ETN (ATMP) is Bullish.
What is the RSI signal for ATMP stock?
IPATH SELECT MLP ETN (ATMP) has an RSI value of 78.6406. This indicates that the stock is currently overbought.
Can you provide the buy/sell signal for IPATH SELECT MLP ETN?
The buy/sell signal for IPATH SELECT MLP ETN (ATMP) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for IPATH SELECT MLP ETN?
IPATH SELECT MLP ETN (ATMP) has a support level at 29.06. Check the full technical report for our detailed analysis of ATMP support and resistance levels.