ATMUS FILTRATION TECHNOLOGIE (ATMU) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ATMU - US04956D1072 - Common Stock
Taking everything into account, ATMU scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ATMU is showing a nice and steady performance.
Besides having an excellent technical rating, ATMU also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 53.22, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
37.52
When analyzing the support we can see 4 important areas.
- A support zone ranging from 51.90 to 53.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 49.07 to 49.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @42.26 from a horizontal line in the daily time frame.
- Support @37.90 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 54.76 to 54.76. 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 | 88.21 | POSITIVE | ATMU has a high relative strength, it outperformed 88.21% 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) | 62.73 | NEUTRAL | The RSI value for ATMU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ATMU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 64.19 | NEUTRAL | The Stochastics value for ATMU is a neutral value. |
| Average True Range in percent/ATR (20) | 2.29 | MEDIUM VOLATILITY | The ATR as a percentage value for ATMU suggests some volalility. |
| Average Directional Index/ADX (14) | 35.85 | 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 |
|---|---|---|---|
| 54.77 | 51.75 | 3.02 (5.51%) | 18.14% |
| An entry @54.77. This is a Buy Stop order right above the resistance zone. | An exit @51.75. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.02 points, which is 5.51%. | For a 1.00% total portfolio risk, you can invest 18.14% of your capital in this trade. |
- 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.
54.75
+0.49 (+0.9%)
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 62.7336. 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 -0.0437892, 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 53.22 and a resistance level at 54.76. Check the full technical report for our detailed analysis of ATMU support and resistance levels.