ATON GREEN STORAGE SPA (ATON.MI) Stock Technical Analysis
BIT:ATON - Euronext Milan - IT0005449464 - Common Stock - Currency: EUR
We assign a technical rating of 2 out of 10 to ATON. Recently some decent action could be observed, but in the medium term time frame this is still negative. ATON was also a bad performer in the overall market in the last year.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, ATON is a bad performer in the overall market: 98% of all stocks are doing better.
ATON is part of the Electrical Equipment industry. There are 56 other stocks in this industry, of which 81% are performing better than ATON.
ATON is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ATON has a been trading in the 1.50 - 2.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, ATON does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.08
2.61
2 important support areas can be observed.
- A support zone ranging from 2.17 to 2.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.10 to 2.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 2.38 to 2.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.52 from a trend line in the daily time frame.
- Resistance @2.58 from a horizontal line in the weekly 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 ATON.MI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ATON.MI is neutral. |
| ChartMill Relative Strength | 2.98 | NEGATIVE | ATON.MI has a low relative strength, it was outperformed by 97.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ATON.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ATON.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 49.6 | NEUTRAL | The RSI value for ATON.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ATON.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 49.75 | NEUTRAL | The Stochastics value for ATON.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 9.3 | HIGH VOLATILITY | The high ATR as a percentage value for ATON.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 16.85 | NEGATIVE | The low ADX value for ATON.MI suggests a weak or negative 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)
BIT:ATON (7/16/2025, 7:00:00 PM)
2.23
-0.14 (-5.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-5.91%
1 Week5.69%
2 Weeks-8.23%
1 Month24.58%
3 Month-13.57%
6 Month-53.93%
12 Month-63.08%
2 Year-63.8%
3 Year-70.35%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%9.3%
ATR Inc-44.43%
Range Today0.18
ADR(20)0.11
ADR(20)%5.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.98
Mansfield-6.09
10 Day High2.76
10 Day Low2.11
20 Day High2.8
20 Day Low1.5
52 Week High8.48
52 Week Low1.5
CS1 End2.19
CR1 Start2.38
Volume & EV
DER(3)0%
DER(5)0%
Volume17.50K
Volume Incr-57.78%
Vol(5)17.30K
Vol(50)57.35K