ATS CORP (ATS) Stock Technical Analysis
NYSE:ATS • CA00217Y1043
Taking everything into account, ATS scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ATS is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- A new 52 week high is currently being made by ATS, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month ATS has a been trading in the 27.40 - 33.01 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, ATS did better than 80% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- ATS is an average performer in the Machinery industry, it outperforms 63% of 131 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ATS has an excellent technical rating, the quality of the presented setup is not ideal 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
26.39
We found 3 important support areas.
- A support zone ranging from 29.08 to 29.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 27.54 to 27.97. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @26.66 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 32.84 to 33.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 ATS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ATS is up. |
| ChartMill Relative Strength | 80.65 | POSITIVE | ATS has a high relative strength, it outperformed 80.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ATS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ATS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ATS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.53 | NEUTRAL | The RSI value for ATS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests ATS has a positive trend. |
| Stochastics (14,3) | 91.89 | OVERBOUGHT | The high Stochastics value suggests ATS may be overbought. |
| Average True Range in percent/ATR (20) | 3.6 | MEDIUM VOLATILITY | The ATR as a percentage value for ATS suggests some volalility. |
| Average Directional Index/ADX (14) | 31.47 | POSITIVE | The high ADX value value for ATS suggests a strong trend. |
32.83
+0.3 (+0.92%)
ATS CORP / ATS FAQ
What is the technical rating for ATS stock?
ChartMill assigns a technical rating of 9 / 10 to ATS.
Can you provide the trend direction for ATS CORP?
The current trend direction for ATS CORP (ATS) is Bullish.
Can you provide the RSI signal for ATS CORP?
ATS CORP (ATS) has an RSI value of 68.5347. This indicates that the stock is currently neutral.
What is the buy/sell signal for ATS CORP (ATS) stock?
The buy/sell signal for ATS CORP (ATS) is buy as both the short term and long term trends are positive.
What is the support and resistance level for ATS stock?
ATS CORP (ATS) has a support level at 29.4 and a resistance level at 32.84. Check the full technical report for our detailed analysis of ATS support and resistance levels.