NASDAQ:ATOM • US04965B1008
We assign a technical rating of 8 out of 10 to ATOM. In the last year, ATOM was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Although ATOM has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
6.93
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 ATOM is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ATOM is up. |
| ChartMill Relative Strength | 97.88 | POSITIVE | ATOM has a high relative strength, it outperformed 97.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ATOM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ATOM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ATOM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 83.68 | OVERBOUGHT | The high RSI value suggests ATOM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.48 | POSITIVE | The MACD value suggests ATOM has a positive trend. |
| Stochastics (14,3) | 83.57 | OVERBOUGHT | The high Stochastics value suggests ATOM may be overbought. |
| Average True Range in percent/ATR (20) | 9.54 | HIGH VOLATILITY | The high ATR as a percentage value for ATOM suggests high volalility. |
| Average Directional Index/ADX (14) | 35.04 | POSITIVE | The high ADX value value for ATOM suggests a strong trend. |
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+0.34 (+5.11%)
ChartMill assigns a technical rating of 8 / 10 to ATOM.
The current trend direction for ATOMERA INC (ATOM) is Bearish.
ATOMERA INC (ATOM) has an RSI value of 83.6755. This indicates that the stock is currently overbought.
The MACD indicator for ATOMERA INC (ATOM) has a value of 0.477089, indicating a bearish trend.