ATENTO SA (ATTO) Stock Technical Analysis
NYSE:ATTO - New York Stock Exchange, Inc. - LU2212224153 - Common Stock - Currency: USD
Overall ATTO gets a technical rating of 0 out of 10. ATTO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
100% of all other stocks performed better in the past year than ATTO.
ATTO is part of the IT Services industry. There are 82 other stocks in this industry, of which 90% are performing better than ATTO.
ATTO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
ATTO is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
ATTO has an average volume of 1291250 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.
The technical rating of ATTO is bad and it also does not present a quality setup 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
0.47
0.48
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.48 to 0.48. 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 | DOWN | NEGATIVE | The long term trend for ATTO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ATTO is down. |
| ChartMill Relative Strength | 0.45 | NEGATIVE | ATTO has a low relative strength, it was outperformed by 99.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ATTO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ATTO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ATTO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.66 | OVERSOLD | The low RSI value suggests ATTO may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ATTO has a positive trend. |
| Stochastics (14,3) | 11.34 | OVERSOLD | The low Stochastics value suggests ATTO may be oversold. |
| Average True Range in percent/ATR (20) | 25.52 | HIGH VOLATILITY | The high ATR as a percentage value for ATTO suggests high volalility. |
| Average Directional Index/ADX (14) | 26.02 | POSITIVE | The high ADX value value for ATTO suggests a strong 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)
NYSE:ATTO (7/21/2023, 8:23:04 PM)
0.4715
0 (-0.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-0.92%
1 Week-1.44%
2 Weeks-12.69%
1 Month-66.08%
3 Month-75.7%
6 Month-92.09%
12 Month-94.41%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%25.52%
ATR Inc-72.78%
Range Today0.03
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.45
Mansfield-8.81
10 Day High0.54
10 Day Low0.45
20 Day High1.47
20 Day Low0.42
52 Week High8.97
52 Week Low0.42
CS1 EndN/A
CR1 Start0.48
Volume & EV
DER(3)11.69%
DER(5)-2.97%
Volume48.90K
Volume Incr-78.89%
Vol(5)64.14K
Vol(50)1.29M