ATOMERA INC (ATOM) Stock Technical Analysis
NASDAQ:ATOM - US04965B1008 - Common Stock
3.36 USD
+0.05 (+1.51%)
3.32 USD
-0.04 (-1.19%)
We assign a technical rating of 0 out of 10 to ATOM. ATOM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
90% of all other stocks performed better in the past year than ATOM.
ATOM is part of the Semiconductors & Semiconductor Equipment industry. There are 110 other stocks in this industry, of which 86% are performing better than ATOM.
ATOM 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 ATOM has a been trading in the 3.11 - 5.40 range, which is quite wide. It is currently trading near the lows of this range.
The technical rating of ATOM 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
3.32
5.38
We found 1 important support area.
- Support @3.35 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 3.37 to 3.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.73 from a trend line in the weekly time frame.
- Resistance @4.40 from a trend line in the weekly time frame.
- A resistance zone ranging from 4.53 to 4.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.33 from a trend 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 | DOWN | NEGATIVE | The long term trend for ATOM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ATOM is down. |
| ChartMill Relative Strength | 10.12 | NEGATIVE | ATOM has a low relative strength, it was outperformed by 89.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ATOM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ATOM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ATOM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.85 | NEUTRAL | The RSI value for ATOM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ATOM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.73 | OVERSOLD | The low Stochastics value suggests ATOM may be oversold. |
| Average True Range in percent/ATR (20) | 8.98 | HIGH VOLATILITY | The high ATR as a percentage value for ATOM suggests high volalility. |
| Average Directional Index/ADX (14) | 44.43 | POSITIVE | The high ADX value value for ATOM 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)
3.36
+0.05 (+1.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg1.51%
1 Week-0.88%
2 Weeks-4.55%
1 Month-36.36%
3 Month-50.37%
6 Month-45.1%
12 Month11.26%
2 Year-47.17%
3 Year-74.01%
5 Year-73.56%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%8.98%
ATR Inc-55.99%
Range Today0.22
ADR(20)0.26
ADR(20)%7.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.12
Mansfield-4.68
10 Day High3.8
10 Day Low3.11
20 Day High5.4
20 Day Low3.11
52 Week High17.55
52 Week Low2.31
CS1 End3.35
CR1 Start3.37
Volume & EV
DER(3)-0.92%
DER(5)-3.8%
Volume428.80K
Volume Incr-28.73%
Vol(5)332.14K
Vol(50)506.37K