ATOMERA INC (ATOM) Technical Analysis
NASDAQ:ATOM • US04965B1008
Current stock price
ATOM Technical Rating and Analysis
Overall ATOM gets a technical rating of 5 out of 10. ATOM was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month ATOM has a been trading in the 3.46 - 5.59 range, which is quite wide. It is currently trading near the lows of this range.
- ATOM has an average volume of 2753470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- Looking at the yearly performance, ATOM did better than 87% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- ATOM is part of the Semiconductors & Semiconductor Equipment industry. There are 115 other stocks in this industry, ATOM did better than 44% of them.
- ATOM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ATOM is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
ATOM Weekly and Daily overview Charts
ATOM Setup Rating and Analysis
ATOM has an average technical rating and it also does not offer a high 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
ATOM Support and Resistance Analysis
2.54
When analyzing the support we can see 3 important areas.
- A support zone ranging from 3.69 to 3.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.57 from a horizontal line in the daily time frame.
- Support @2.57 from a trend line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 4.08 to 4.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.60 from a trend line in the daily time frame.
- Resistance @6.03 from a trend line in the weekly time frame.
- Resistance @6.93 from a trend line in the weekly time frame.
ATOM 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 | NEUTRAL | NEUTRAL | The long term trend for ATOM is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ATOM is down. |
| ChartMill Relative Strength | 87.82 | POSITIVE | ATOM has a high relative strength, it outperformed 87.82% 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) | UP | MIXED | The current price of ATOM is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ATOM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.67 | NEUTRAL | The RSI value for ATOM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests ATOM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.2 | NEUTRAL | The Stochastics value for ATOM is a neutral value. |
| Average True Range in percent/ATR (20) | 11.14 | HIGH VOLATILITY | The high ATR as a percentage value for ATOM suggests high volalility. |
| Average Directional Index/ADX (14) | 16.49 | NEGATIVE | The low ADX value for ATOM suggests a weak or negative trend. |
ATOM Chart- and CandleStick Pattern Analysis
ATOM Technicals: Chart, Performance Metrics, Trend & Indicators
4.07
+0.03 (+0.74%)
ATOMERA INC / ATOM TA FAQ
Can you provide the ChartMill technical rating for ATOMERA INC?
ChartMill assigns a technical rating of 5 / 10 to ATOM.
What is the current trend direction of ATOMERA INC (ATOM) stock?
The current trend direction for ATOMERA INC (ATOM) is Bearish.
What is the RSI signal for ATOM stock?
ATOMERA INC (ATOM) has an RSI value of 46.67. This indicates that the stock is currently neutral.
What is the MACD signal for ATOMERA INC (ATOM) stock?
The MACD indicator for ATOMERA INC (ATOM) has a value of -0.10545, indicating a bearish trend.
What is the short term momentum for ATOMERA INC (ATOM) stock?
The short term momentum for ATOMERA INC (ATOM) is negative.