ATENTO SA (ATTO) Technical Analysis
NYSE:ATTO • LU2212224153
Current stock price
ATTO Technical Rating and Analysis
Taking everything into account, ATTO scores 0 out of 10 in our technical rating. ATTO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than ATTO.
- ATTO is part of the IT Services industry. There are 88 other stocks in this industry, of which 87% are performing better than ATTO.
- ATTO is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ATTO is lagging the market.
- 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.
ATTO Weekly and Daily overview Charts
ATTO Setup Rating and Analysis
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
ATTO Support and Resistance Analysis
0.47
We found 1 important resistance 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.
ATTO 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 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. |
ATTO Chart- and CandleStick Pattern Analysis
ATTO Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:ATTO (7/21/2023, 8:23:04 PM)
0.4715
0 (-0.92%)
ATENTO SA / ATTO TA FAQ
What is the ChartMill technical rating of ATENTO SA (ATTO) stock?
ChartMill assigns a technical rating of 0 / 10 to ATTO.
Can you provide the trend direction for ATENTO SA?
The current trend direction for ATENTO SA (ATTO) is Bearish.
Can you provide the RSI signal for ATENTO SA?
ATENTO SA (ATTO) has an RSI value of 29.6627. This indicates that the stock is currently oversold.
What is the MACD signal for ATENTO SA (ATTO) stock?
The MACD indicator for ATENTO SA (ATTO) has a value of 0.0176849, indicating a bearish trend.
What is the short term momentum for ATTO stock?
The short term momentum for ATENTO SA (ATTO) is negative.