KBL MERGER CORP IV - CW23 (ATNFW) Stock Technical Analysis
NASDAQ:ATNFW - Nasdaq - - Currency: USD
Overall ATNFW gets a technical rating of 8 out of 10. ATNFW has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month ATNFW has a been trading in the 0.01 - 0.02 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.
Looking at the yearly performance, ATNFW did better than 90% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
ATNFW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ATNFW is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ATNFW has an excellent technical rating, but the quality of the setup is only medium 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
0.01
0.02
We found 1 important support area.
- A support zone ranging from 0.01 to 0.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @0.02 from a horizontal line in the daily time frame.
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 ATNFW is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ATNFW is up. |
| ChartMill Relative Strength | 90.78 | POSITIVE | ATNFW has a high relative strength, it outperformed 90.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ATNFW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ATNFW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ATNFW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.68 | NEUTRAL | The RSI value for ATNFW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ATNFW has a positive trend. |
| Stochastics (14,3) | 79.45 | NEUTRAL | The Stochastics value for ATNFW is a neutral value. |
| Average True Range in percent/ATR (20) | 17.27 | HIGH VOLATILITY | The high ATR as a percentage value for ATNFW suggests high volalility. |
| Average Directional Index/ADX (14) | 28.61 | POSITIVE | The high ADX value value for ATNFW 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 |
|---|---|---|---|
| 0.03 | 0.00 | 0.03 (113.98%) | 0.88% |
| An entry @0.03. This is a Buy Stop order right above the 10 day high. | An exit @0.00. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.03 points, which is 113.98%. | When investing 0.88% 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.
0.0121
+0 (+16.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg16.35%
1 Week31.52%
2 Weeks49.38%
1 Month44.05%
3 Month68.06%
6 Month37.5%
12 Month21%
2 Year34.44%
3 Year-92.44%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0
ATR(20)%17.27%
ATR Inc186.13%
Range Today0.01
ADR(20)0
ADR(20)%16.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.78
Mansfield2.19
10 Day High0.02
10 Day Low0.01
20 Day High0.02
20 Day Low0.01
52 Week High0.04
52 Week Low0
CS1 End0.01
CR1 Start0.02
Volume & EV
DER(3)14.12%
DER(5)10.94%
Volume1.59M
Volume Incr575.8%
Vol(5)577.44K
Vol(50)128.84K