ATMUS FILTRATION TECHNOLOGIE (ATMU) Stock Technical Analysis
NYSE:ATMU • US04956D1072
Taking everything into account, ATMU scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, ATMU has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, ATMU did better than 90% of all other stocks. We also observe that the gains produced by ATMU over the past year are nicely spread over this period.
- ATMU is part of the Machinery industry. There are 130 other stocks in this industry. ATMU outperforms 84% of them.
- ATMU is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month ATMU has a been trading in the 56.89 - 66.50 range, which is quite wide. It is currently trading near the high of this range.
Besides having an excellent technical rating, ATMU also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 64.70. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 64.52, a Stop Loss order could be placed below this zone.
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38.38
When analyzing the support we can see 4 important areas.
- A support zone ranging from 62.82 to 64.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @59.76 from a trend line in the daily time frame.
- Support @52.45 from a trend line in the weekly time frame.
- Support @38.77 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 64.70 to 65.11. 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 ATMU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ATMU is up. |
| ChartMill Relative Strength | 90.55 | POSITIVE | ATMU has a high relative strength, it outperformed 90.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ATMU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ATMU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ATMU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.92 | NEUTRAL | The RSI value for ATMU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests ATMU has a negative trend. |
| Stochastics (14,3) | 70.79 | NEUTRAL | The Stochastics value for ATMU is a neutral value. |
| Average True Range in percent/ATR (20) | 3.23 | MEDIUM VOLATILITY | The ATR as a percentage value for ATMU suggests some volalility. |
| Average Directional Index/ADX (14) | 41.68 | POSITIVE | The high ADX value value for ATMU suggests a strong 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 |
|---|---|---|---|
| 65.12 | 63.03 | 2.09 (3.21%) | 25.00% |
| An entry @65.12. This is a Buy Stop order right above the resistance zone. | An exit @63.03. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.09 points, which is 3.21%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.80%. |
- The distance between exit and entry is rather small compared to the average daily movement of ATMU. Please evaluate whether better entry and exit points can be found.
- 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.
64.53
+0.38 (+0.59%)
ATMUS FILTRATION TECHNOLOGIE / ATMU FAQ
Can you provide the ChartMill technical rating for ATMUS FILTRATION TECHNOLOGIE?
ChartMill assigns a technical rating of 10 / 10 to ATMU.
Can you provide the trend direction for ATMUS FILTRATION TECHNOLOGIE?
The current trend direction for ATMUS FILTRATION TECHNOLOGIE (ATMU) is Bullish.
What is the RSI signal for ATMU stock?
ATMUS FILTRATION TECHNOLOGIE (ATMU) has an RSI value of 65.9249. This indicates that the stock is currently neutral.
What is the MACD signal for ATMUS FILTRATION TECHNOLOGIE (ATMU) stock?
The MACD indicator for ATMUS FILTRATION TECHNOLOGIE (ATMU) has a value of -0.152608, indicating a bearish trend.
Can you provide the support and resistance levels for ATMUS FILTRATION TECHNOLOGIE?
ATMUS FILTRATION TECHNOLOGIE (ATMU) has a support level at 64.52 and a resistance level at 64.7. Check the full technical report for our detailed analysis of ATMU support and resistance levels.