ALTICE USA INC- A (ATUS) Stock Technical Analysis
NYSE:ATUS - New York Stock Exchange, Inc. - US02156K1034 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to ATUS. ATUS'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.
When comparing the yearly performance of all stocks, ATUS is a bad performer in the overall market: 77% of all stocks are doing better.
In the last month ATUS has a been trading in the 2.25 - 2.87 range, which is quite wide. It is currently trading near the lows of this range.
ATUS has an average volume of 3847380 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
ATUS is part of the Media industry. There are 96 other stocks in this industry, ATUS did better than 48% of them.
ATUS 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 ATUS is lagging the market slightly.
ATUS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 2.30, a Stop Loss order could be placed below this zone.
More info and screens
2.18
3.02
2 important support areas can be observed.
- A support zone ranging from 2.26 to 2.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.20 to 2.21. This zone is formed by a combination of multiple trend lines in the daily time frame.
6 important resistance areas can be observed.
- A resistance zone ranging from 2.32 to 2.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 2.46 to 2.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.63 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 2.79 to 2.83. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @2.90 from a horizontal line in the daily time frame.
- Resistance @2.99 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 | NEUTRAL | NEUTRAL | The long term trend for ATUS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ATUS is down. |
| ChartMill Relative Strength | 23.65 | NEGATIVE | ATUS has a low relative strength, it was outperformed by 76.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ATUS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ATUS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ATUS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.39 | NEUTRAL | The RSI value for ATUS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ATUS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.92 | OVERSOLD | The low Stochastics value suggests ATUS may be oversold. |
| Average True Range in percent/ATR (20) | 7.21 | HIGH VOLATILITY | The high ATR as a percentage value for ATUS suggests high volalility. |
| Average Directional Index/ADX (14) | 15.9 | NEGATIVE | The low ADX value for ATUS suggests a weak or negative 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)
2.31
-0.03 (-1.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-1.28%
1 Week1.76%
2 Weeks-18.37%
1 Month-7.97%
3 Month-19.23%
6 Month-4.15%
12 Month-6.85%
2 Year-9.77%
3 Year-79.7%
5 Year-91.02%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%7.21%
ATR Inc-63.37%
Range Today0.07
ADR(20)0.16
ADR(20)%6.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.65
Mansfield-0.56
10 Day High2.67
10 Day Low2.25
20 Day High2.87
20 Day Low2.25
52 Week High3.2
52 Week Low1.52
CS1 End2.3
CR1 Start2.32
Volume & EV
DER(3)0.02%
DER(5)-1.53%
Volume3.09M
Volume Incr-29.44%
Vol(5)3.13M
Vol(50)3.85M