ALPHATON CAPITAL CORP (ATON) Stock Technical Analysis
USA - NASDAQ:ATON - VGG7185A1369 - Common Stock
We assign a technical rating of 2 out of 10 to ATON. ATON performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
ATON has a poor technical rating and the quality of the setup is also only medium 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.
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5.06
When analyzing the support we notice one important area.
- A support zone ranging from 5.11 to 5.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @5.42 from a horizontal 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 | UP | POSITIVE | The long term trend for ATON is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ATON is neutral. |
| 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). |
| Relative Strength Index/RSI (14) | 44.23 | NEUTRAL | The RSI value for ATON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests ATON has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.67 | OVERSOLD | The low Stochastics value suggests ATON may be oversold. |
| Average True Range in percent/ATR (20) | 22.39 | HIGH VOLATILITY | The high ATR as a percentage value for ATON suggests high volalility. |
| Average Directional Index/ADX (14) | 25.14 | POSITIVE | The high ADX value value for ATON suggests a strong trend. |
5.14
-0.27 (-4.99%)
ALPHATON CAPITAL CORP / ATON FAQ
What is the technical rating for ATON stock?
ChartMill assigns a technical rating of 2 / 10 to ATON.
Can you provide the trend direction for ALPHATON CAPITAL CORP?
The current trend direction for ALPHATON CAPITAL CORP (ATON) is Bullish.
What is the RSI signal for ATON stock?
ALPHATON CAPITAL CORP (ATON) has an RSI value of 44.2257. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ALPHATON CAPITAL CORP?
The short term momentum for ALPHATON CAPITAL CORP (ATON) is neutral.
What is the support and resistance level for ATON stock?
ALPHATON CAPITAL CORP (ATON) has a support level at 5.12 and a resistance level at 5.42. Check the full technical report for our detailed analysis of ATON support and resistance levels.