ATO Technical Analysis - ATOS SE

Technical Rating and Analysis

Taking everything into account, ATO scores 5 out of 10 in our technical rating. In the past year, ATO was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

97% of all other stocks performed better in the past year than ATO.

ATO is part of the IT Services industry. There are 69 other stocks in this industry, of which 86% are performing better than ATO.

ATO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

In the last month ATO has a been trading in the 36.20 - 50.19 range, which is quite wide. It is currently trading near the high of this range.

The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

ATO has an average technical rating and also 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

29.53

50.03

When analyzing the support we can see 2 important areas.

Support @42.36 from a trend line in the daily time frame.
A support zone ranging from 29.83 to 30.00. 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 47.91 to 49.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

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What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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	DOWN	NEGATIVE	The long term trend for ATO.PA is down.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for ATO.PA is up.
ChartMill Relative Strength	3.72	NEGATIVE	ATO.PA has a low relative strength, it was outperformed by 96.28% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of ATO.PA is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of ATO.PA is above the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	MIXED	The current price of ATO.PA is above a declining SMA(200).
Relative Strength Index/RSI (14)	68.16	NEUTRAL	The RSI value for ATO.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.16	POSITIVE	The MACD value suggests ATO.PA has a positive trend.
Stochastics (14,3)	82.51	OVERBOUGHT	The high Stochastics value suggests ATO.PA may be overbought.
Average True Range in percent/ATR (20)	6.8	HIGH VOLATILITY	The high ATR as a percentage value for ATO.PA suggests high volalility.
Average Directional Index/ADX (14)	41.91	POSITIVE	The high ADX value value for ATO.PA suggests a strong trend.