ATS CORP (ATS) Stock Technical Analysis
NYSE:ATS - New York Stock Exchange, Inc. - CA00217Y1043 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to ATS. Although ATS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
ATS is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ATS is performing more or less in line with the market.
In the last month ATS has a been trading in the 25.30 - 31.50 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, ATS outperforms 56% of them, which is more or less in line with the market.
ATS is an average performer in the Machinery industry, it outperforms 59% of 128 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, ATS also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 30.50. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for ATS 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
24.96
33.64
We found 3 important support areas.
- A support zone ranging from 30.22 to 30.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 27.51 to 27.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.21 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 30.50 to 31.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @33.31 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 | 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 | 56.99 | NEUTRAL | ATS is not amongst the best or worst performers 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) | 61.53 | NEUTRAL | The RSI value for ATS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests ATS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.97 | OVERBOUGHT | The high Stochastics value suggests ATS may be overbought. |
| Average True Range in percent/ATR (20) | 4.03 | MEDIUM VOLATILITY | The ATR as a percentage value for ATS suggests some volalility. |
| Average Directional Index/ADX (14) | 21.2 | NEUTRAL | The ADX value for ATS suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 31.27 | 30.21 | 1.06 (3.39%) | 25.00% |
| An entry @31.27. This is a Buy Stop order right above the resistance zone. | An exit @30.21. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.06 points, which is 3.39%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.85%. |
- The distance between exit and entry is rather small compared to the average daily movement of ATS. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
30.49
-0.55 (-1.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-1.77%
1 Week1.16%
2 Weeks5.25%
1 Month9.91%
3 Month12.05%
6 Month-2.87%
12 Month-3.24%
2 Year-33.85%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.37
ATR(20)%4.03%
ATR Inc-49.52%
Range Today0.48
ADR(20)0.99
ADR(20)%3.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.99
Mansfield0.23
10 Day High31.39
10 Day Low28.31
20 Day High31.5
20 Day Low25.3
52 Week High34.32
52 Week Low20.9
CS1 End30.48
CR1 Start30.5
Volume & EV
DER(3)1.54%
DER(5)3.73%
Volume59.61K
Volume Incr-50.67%
Vol(5)80.56K
Vol(50)146.53K