ATMUS FILTRATION TECHNOLOGIE (ATMU) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ATMU - US04956D1072 - Common Stock
We assign a technical rating of 10 out of 10 to ATMU. 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.
ATMU has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 53.58. Right above this resistance zone may be a good entry point. 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
38.27
We found 6 important support areas.
- A support zone ranging from 52.55 to 52.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @50.39 from a horizontal line in the daily time frame.
- A support zone ranging from 47.62 to 48.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @42.26 from a horizontal line in the daily time frame.
- Support @39.80 from a trend line in the weekly time frame.
- Support @38.66 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 53.58 to 53.58. 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 | 87.11 | POSITIVE | ATMU has a high relative strength, it outperformed 87.11% 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) | 64.8 | NEUTRAL | The RSI value for ATMU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ATMU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 71.39 | NEUTRAL | The Stochastics value for ATMU is a neutral value. |
| Average True Range in percent/ATR (20) | 2.99 | MEDIUM VOLATILITY | The ATR as a percentage value for ATMU suggests some volalility. |
| Average Directional Index/ADX (14) | 33.97 | 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 |
|---|---|---|---|
| 53.59 | 52.54 | 1.05 (1.96%) | 25.00% |
| An entry @53.59. This is a Buy Stop order right above the resistance zone. | An exit @52.54. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.05 points, which is 1.96%. | For a 0.49% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
53.57
+0.57 (+1.08%)
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.
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 64.8012. 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 52.82 and a resistance level at 53.58. Check the full technical report for our detailed analysis of ATMU support and resistance levels.