Overall ATOM gets a technical rating of 0 out of 10. ATOM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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.
2.26
We found 1 important support area.
When analyzing the resistance we notice 5 important areas.
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 | NEUTRAL | NEUTRAL | The short term trend for ATOM is neutral. |
| ChartMill Relative Strength | 6.29 | NEGATIVE | ATOM has a low relative strength, it was outperformed by 93.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ATOM is above 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) | 45.89 | NEUTRAL | The RSI value for ATOM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests ATOM has a positive trend. |
| Stochastics (14,3) | 83.23 | OVERBOUGHT | The high Stochastics value suggests ATOM may be overbought. |
| Average True Range in percent/ATR (20) | 8.12 | HIGH VOLATILITY | The high ATR as a percentage value for ATOM suggests high volalility. |
| Average Directional Index/ADX (14) | 24.26 | NEUTRAL | The ADX value for ATOM suggests a possible start of a new trend. |
2.49
-0.02 (-0.8%)
ChartMill assigns a technical rating of 0 / 10 to ATOM.
The current trend direction for ATOMERA INC (ATOM) is Bearish.
ATOMERA INC (ATOM) has an RSI value of 45.89. This indicates that the stock is currently neutral.
The short term momentum for ATOMERA INC (ATOM) is neutral.