ALTICE USA INC- A (ATUS) Stock Technical Analysis
NYSE:ATUS - New York Stock Exchange, Inc. - US02156K1034 - Common Stock - Currency: USD
Overall ATUS gets a technical rating of 8 out of 10. In the last year, ATUS was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, ATUS did better than 86% of all other stocks.
ATUS is part of the Media industry. There are 98 other stocks in this industry. ATUS outperforms 82% of them.
ATUS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ATUS is lagging the market slightly.
In the last month ATUS has a been trading in the 2.06 - 2.98 range, which is quite wide. It is currently trading near the high of this range.
ATUS has an average volume of 4990840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although ATUS has an excellent technical rating, it does not present a decent entry opportunity 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
2.02
3.04
When analyzing the support we notice one important area.
- Support @2.04 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 2.76 to 2.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.01 from a trend 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 ATUS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ATUS is up. |
| ChartMill Relative Strength | 86.86 | POSITIVE | ATUS has a high relative strength, it outperformed 86.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ATUS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ATUS is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ATUS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.54 | NEUTRAL | The RSI value for ATUS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ATUS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.28 | OVERBOUGHT | The high Stochastics value suggests ATUS may be overbought. |
| Average True Range in percent/ATR (20) | 5.66 | HIGH VOLATILITY | The high ATR as a percentage value for ATUS suggests high volalility. |
| Average Directional Index/ADX (14) | 36.49 | POSITIVE | The high ADX value value for ATUS 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)
2.68
-0.27 (-9.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-9.15%
1 Week-3.94%
2 Weeks3.88%
1 Month26.42%
3 Month13.56%
6 Month-13.83%
12 Month51.41%
2 Year-20.94%
3 Year-74.5%
5 Year-90.07%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%5.66%
ATR Inc63.84%
Range Today0.27
ADR(20)0.15
ADR(20)%5.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.86
Mansfield0.11
10 Day High2.98
10 Day Low2.54
20 Day High2.98
20 Day Low2.07
52 Week High3.2
52 Week Low1.52
CS1 End2.04
CR1 Start2.76
Volume & EV
DER(3)5.1%
DER(5)2.24%
Volume3.55M
Volume Incr-19.65%
Vol(5)5.43M
Vol(50)4.99M