ALPHAVEST ACQUISITION CORP (ATMV) Technical Analysis
NASDAQ:ATMV • KYG0283A1085
Current stock price
10.3 USD
+2.46 (+31.3%)
At close:
8.26 USD
-2.04 (-19.81%)
After Hours:
ATMV Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to ATMV. ATMV scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, ATMV is a bad performer in the overall market: 83% of all stocks are doing better.
- ATMV is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ATMV is lagging the market.
- In the last month ATMV has a been trading in the 6.00 - 15.00 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ATMV Weekly and Daily overview Charts
ATMV Setup Rating and Analysis
The technical rating of ATMV is bad and it also does not present a quality setup 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
ATMV Support and Resistance Analysis
7.64
10.40
When analyzing the support we notice one important area.
- A support zone ranging from 7.72 to 7.74. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
ATMV Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for ATMV is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ATMV is neutral. |
| ChartMill Relative Strength | 17.11 | NEGATIVE | ATMV has a low relative strength, it was outperformed by 82.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ATMV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ATMV is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ATMV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.26 | NEUTRAL | The RSI value for ATMV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests ATMV has a positive trend. |
| Stochastics (14,3) | 39.91 | NEUTRAL | The Stochastics value for ATMV is a neutral value. |
| Average True Range in percent/ATR (20) | 12.87 | HIGH VOLATILITY | The high ATR as a percentage value for ATMV suggests high volalility. |
| Average Directional Index/ADX (14) | 31.73 | POSITIVE | The high ADX value value for ATMV suggests a strong trend. |
ATMV Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
ATMV Technicals: Chart, Performance Metrics, Trend & Indicators
10.3
+2.46 (+31.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg31.3%
1 Week30.38%
2 Weeks38.07%
1 Month44.6%
3 Month-28.17%
6 Month-10.9%
12 Month-6.53%
2 Year-3.83%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.42
ATR(20)%12.87%
ATR Inc335.06%
Range Today5.86
ADR(20)1.18
ADR(20)%11.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.11
3 months CRS11.17
6 months CRS19.05
Mansfield-2.01
10 Day High15
10 Day Low7.4
20 Day High15
20 Day Low6
52 Week High42
52 Week Low5.43
CS1 End7.74
CR1 StartN/A
Volume & EV
DER(3)-0.64%
DER(5)-0.18%
Volume12.64M
Volume Incr10084.81%
Vol(5)2.78M
Vol(50)398.80K
ALPHAVEST ACQUISITION CORP / ATMV TA FAQ
What is the technical rating for ATMV stock?
ChartMill assigns a technical rating of 2 / 10 to ATMV.
What is the current trend direction of ALPHAVEST ACQUISITION CORP (ATMV) stock?
The current trend direction for ALPHAVEST ACQUISITION CORP (ATMV) is Bearish.
What is the RSI signal for ALPHAVEST ACQUISITION CORP (ATMV) stock?
ALPHAVEST ACQUISITION CORP (ATMV) has an RSI value of 62.2642. This indicates that the stock is currently neutral.
What is the short term momentum for ATMV stock?
The short term momentum for ALPHAVEST ACQUISITION CORP (ATMV) is neutral.