Taking everything into account, ATOM scores 0 out of 10 in our technical rating. 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.
ATOM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for ATOM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.18
3 important resistance areas can be observed.
- Resistance @3.35 from a trend line in the weekly time frame.
- Resistance @3.85 from a trend line in the daily time frame.
- Resistance @4.39 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 | 2.19 | NEGATIVE | ATOM has a low relative strength, it was outperformed by 97.81% 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) | 41.1 | NEUTRAL | The RSI value for ATOM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ATOM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 10.76 | OVERSOLD | The low Stochastics value suggests ATOM may be oversold. |
| Average True Range in percent/ATR (20) | 8.07 | HIGH VOLATILITY | The high ATR as a percentage value for ATOM suggests high volalility. |
| Average Directional Index/ADX (14) | 20.6 | NEUTRAL | The ADX value for ATOM suggests a possible start of a new trend. |
2.2
+0.04 (+1.85%)
ATOMERA INC / ATOM FAQ
Can you provide the ChartMill technical rating for ATOMERA INC?
ChartMill assigns a technical rating of 0 / 10 to ATOM.
What is the trend direction for ATOM stock?
The current trend direction for ATOMERA INC (ATOM) is Bearish.
Can you provide the RSI signal for ATOMERA INC?
ATOMERA INC (ATOM) has an RSI value of 41.0971. This indicates that the stock is currently neutral.
What is the short term momentum for ATOM stock?
The short term momentum for ATOMERA INC (ATOM) is negative.
Can you provide the buy/sell signal for ATOMERA INC?
The buy/sell signal for ATOMERA INC (ATOM) is sell as both the short term and long term trends are negative.