ALPHATON CAPITAL CORP (ATON) Technical Analysis
NASDAQ:ATON • VGG7185A1369
Taking everything into account, ATON scores 0 out of 10 in our technical rating. ATON scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, ATON is a bad performer in the overall market: 100% of all stocks are doing better.
- ATON is part of the Biotechnology industry. There are 519 other stocks in this industry, of which 93% are performing better than ATON.
- In the last month ATON has a been trading in the 0.35 - 0.53 range, which is quite wide. It is currently trading near the lows of this range.
- ATON has an average volume of 7076370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, ATON does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for ATON 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
0.38
We can see 2 important resistance areas.
- Resistance @0.40 from a horizontal line in the daily time frame.
- Resistance @0.51 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 ATON is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ATON is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | ATON has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ATON is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ATON is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 36.67 | NEUTRAL | The RSI value for ATON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ATON has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 39.15 | NEUTRAL | The Stochastics value for ATON is a neutral value. |
| Average True Range in percent/ATR (20) | 11.84 | HIGH VOLATILITY | The high ATR as a percentage value for ATON suggests high volalility. |
| Average Directional Index/ADX (14) | 7.95 | NEGATIVE | The low ADX value for ATON suggests a weak or negative trend. |
ATON Technicals: Chart, Performance Metrics, Trend & Indicators
0.382
-0.01 (-3.46%)
ALPHATON CAPITAL CORP / ATON FAQ
What is the technical rating for ATON stock?
ChartMill assigns a technical rating of 0 / 10 to ATON.
What is the current trend direction of ALPHATON CAPITAL CORP (ATON) stock?
The current trend direction for ALPHATON CAPITAL CORP (ATON) is Bearish.
What is the RSI signal for ATON stock?
ALPHATON CAPITAL CORP (ATON) has an RSI value of 36.6652. This indicates that the stock is currently neutral.
What is the MACD signal for ALPHATON CAPITAL CORP (ATON) stock?
The MACD indicator for ALPHATON CAPITAL CORP (ATON) has a value of 0.0172795, indicating a bearish trend.
What is the short term momentum for ALPHATON CAPITAL CORP (ATON) stock?
The short term momentum for ALPHATON CAPITAL CORP (ATON) is negative.