ALPHAVEST ACQUISITION CORP (ATMV) Stock Technical Analysis
NASDAQ:ATMV - Nasdaq - KYG0283A1085 - Common Stock - Currency: USD
Overall ATMV gets a technical rating of 8 out of 10. Although ATMV is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: ATMV has an average volume of 15834 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
A new 52 week high is currently being made by ATMV, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
When compared to the yearly performance of all other stocks, ATMV outperforms 55% of them, which is more or less in line with the market.
In the last month ATMV has a been trading in a tight range between 11.60 and 11.90.
Considerably lower volume is observed in the last couple of days.
Although ATMV has an excellent technical rating, the quality of the presented setup is not ideal 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
10.90
12.03
We found 2 important support areas.
- A support zone ranging from 11.53 to 11.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.01 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 11.91 to 11.91. 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 ATMV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ATMV is up. |
| ChartMill Relative Strength | 55.06 | NEUTRAL | ATMV is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of ATMV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ATMV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.93 | NEUTRAL | The RSI value for ATMV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ATMV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 96.33 | OVERBOUGHT | The high Stochastics value suggests ATMV may be overbought. |
| Average True Range in percent/ATR (20) | 0.42 | LOW VOLATILITY | The low ATR as a percentage value for ATMV suggests low volalility. |
| Average Directional Index/ADX (14) | 55.09 | POSITIVE | The high ADX value value for ATMV suggests a strong trend. |
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)
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 |
|---|---|---|---|
| 11.92 | 11.59 | 0.33 (2.77%) | 25.00% |
| An entry @11.92. This is a Buy Stop order right above the resistance zone. | An exit @11.59. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.33 points, which is 2.77%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.69%. |
- 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.
NASDAQ:ATMV (7/17/2025, 8:03:46 PM)
11.9
+0.01 (+0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.08%
1 Week1.02%
2 Weeks1.71%
1 Month2.67%
3 Month4.48%
6 Month7.21%
12 Month10.8%
2 Year13.66%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%0.42%
ATR Inc-67.75%
Range Today0.01
ADR(20)0.02
ADR(20)%0.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.06
Mansfield-0.69
10 Day High11.9
10 Day Low11.6
20 Day High11.9
20 Day Low11.6
52 Week High11.9
52 Week Low10.74
CS1 End11.81
CR1 Start11.91
Volume & EV
DER(3)0%
DER(5)0%
Volume8.60K
Volume Incr-89.47%
Vol(5)1.92K
Vol(50)15.83K