ATMUS FILTRATION TECHNOLOGIE (ATMU) Stock Technical Analysis
USA - NYSE:ATMU - US04956D1072 - Common Stock
Overall ATMU gets a technical rating of 8 out of 10. Although ATMU is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
ATMU has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 45.23, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
38.27
3 important support areas can be observed.
- A support zone ranging from 44.14 to 45.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 42.26 to 42.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 38.66 to 38.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 46.52 to 47.16. 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 | 72.44 | POSITIVE | ATMU has a high relative strength, it outperformed 72.44% 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) | 59.24 | NEUTRAL | The RSI value for ATMU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests ATMU has a positive trend. |
| Stochastics (14,3) | 58.72 | NEUTRAL | The Stochastics value for ATMU is a neutral value. |
| Average True Range in percent/ATR (20) | 2.71 | MEDIUM VOLATILITY | The ATR as a percentage value for ATMU suggests some volalility. |
| Average Directional Index/ADX (14) | 16.32 | NEGATIVE | The low ADX value for ATMU suggests a weak or negative 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 |
|---|---|---|---|
| 47.17 | 44.51 | 2.66 (5.64%) | 17.73% |
| An entry @47.17. This is a Buy Stop order right above the resistance zone. | An exit @44.51. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.66 points, which is 5.64%. | When investing 17.73% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
46.51
+0.41 (+0.89%)
ATMUS FILTRATION TECHNOLOGIE / ATMU FAQ
Can you provide the ChartMill technical rating for ATMUS FILTRATION TECHNOLOGIE?
ChartMill assigns a technical rating of 8 / 10 to ATMU.
What is the trend direction for ATMU stock?
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 59.2366. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for ATMUS FILTRATION TECHNOLOGIE?
The buy/sell signal for ATMUS FILTRATION TECHNOLOGIE (ATMU) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for ATMUS FILTRATION TECHNOLOGIE?
ATMUS FILTRATION TECHNOLOGIE (ATMU) has a support level at 45.23 and a resistance level at 46.52. Check the full technical report for our detailed analysis of ATMU support and resistance levels.