ATS Technical Analysis - ATS CORP

Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to ATS. ATS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

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, ATS is a bad performer in the overall market: 84% of all stocks are doing better.

ATS is one of the lesser performing stocks in the Machinery industry. 71% of 130 stocks in the same industry do better.

ATS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ATS is lagging the market.

In the last month ATS has a been trading in the 25.35 - 27.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

ATS has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 25.63, a Stop Loss order could be placed below this zone. 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

24.96

33.64

When analyzing the support we notice one important area.

A support zone ranging from 25.21 to 25.63. This zone is formed by a combination of multiple trend lines in the daily time frame.

We can see 4 important resistance areas.

A resistance zone ranging from 27.72 to 28.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @30.07 from a trend line in the weekly time frame.
Resistance @31.87 from a trend line in the weekly time frame.
Resistance @33.31 from a horizontal line in the weekly time frame.

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What is Support and Resistance

Support and Resistance indicators

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Technical Indicator Signal Analysis

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 ATS is down.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for ATS is neutral.
ChartMill Relative Strength	16.09	NEGATIVE	ATS has a low relative strength, it was outperformed by 83.91% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	MIXED	The current price of ATS is above a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of ATS is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of ATS is below a declining SMA(200).
Relative Strength Index/RSI (14)	51.87	NEUTRAL	The RSI value for ATS is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.1	POSITIVE	The MACD value suggests ATS has a positive trend.
Stochastics (14,3)	63.39	NEUTRAL	The Stochastics value for ATS is a neutral value.
Average True Range in percent/ATR (20)	2.62	MEDIUM VOLATILITY	The ATR as a percentage value for ATS suggests some volalility.
Average Directional Index/ADX (14)	10.38	NEGATIVE	The low ADX value for ATS suggests a weak or negative trend.