ACTUANT CORP (ATU) Technical Analysis
NYSE:ATU
Current stock price
ATU Technical Rating and Analysis
Overall ATU gets a technical rating of 0 out of 10. ATU scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, ATU is a bad performer in the overall market: 78% of all stocks are doing better.
- In the last month ATU has a been trading in the 20.36 - 26.56 range, which is quite wide. It is currently trading near the lows of this range.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- ATU is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ATU is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
ATU Weekly and Daily overview Charts
ATU Setup Rating and Analysis
The technical rating of ATU 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
ATU Support and Resistance Analysis
21.01
When analyzing the support we notice one important area.
- Support @21.22 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 22.43 to 22.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 23.53 to 23.86. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @24.78 from a horizontal line in the daily time frame.
- Resistance @26.00 from a trend line in the weekly time frame.
ATU 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 | NEUTRAL | NEUTRAL | The long term trend for ATU is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ATU is down. |
| ChartMill Relative Strength | 22.09 | NEGATIVE | ATU has a low relative strength, it was outperformed by 77.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ATU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ATU is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ATU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.72 | NEUTRAL | The RSI value for ATU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.42 | NEGATIVE | The MACD value suggests ATU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.05 | OVERSOLD | The low Stochastics value suggests ATU may be oversold. |
| Average True Range in percent/ATR (20) | 4.69 | MEDIUM VOLATILITY | The ATR as a percentage value for ATU suggests some volalility. |
ATU Chart- and CandleStick Pattern Analysis
ATU Technicals: Chart, Performance Metrics, Trend & Indicators
21.87
+0.58 (+2.72%)
ACTUANT CORP / ATU TA FAQ
What is the ChartMill technical rating of ACTUANT CORP (ATU) stock?
ChartMill assigns a technical rating of 0 / 10 to ATU.
What is the trend direction for ATU stock?
The current trend direction for ACTUANT CORP (ATU) is Bearish.
Can you provide the RSI signal for ACTUANT CORP?
ACTUANT CORP (ATU) has an RSI value of 42.7185. This indicates that the stock is currently neutral.
What is the MACD signal for ACTUANT CORP (ATU) stock?
The MACD indicator for ACTUANT CORP (ATU) has a value of -0.417605, indicating a bearish trend.