ATLANTICA SUSTAINABLE INFRAS (AY) Technical Analysis
NASDAQ:AY • GB00BLP5YB54
Current stock price
AY Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to AY. AY has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- AY is part of the Independent Power and Renewable Electricity Producers industry. There are 20 other stocks in this industry, of which 73% are performing better than AY.
- AY 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 AY is lagging the market slightly.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- When compared to the yearly performance of all other stocks, AY outperforms 54% of them, which is more or less in line with the market.
- In the last month AY has a been trading in a tight range between 21.92 and 22.17.
- Volume is considerably higher in the last couple of days.
AY Weekly and Daily overview Charts
AY Setup Rating and Analysis
AY 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 21.98, a Stop Loss order could be placed below this zone.
More info and screens
AY Support and Resistance Analysis
21.59
When analyzing the support we notice one important area.
- A support zone ranging from 21.81 to 21.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 22.00 to 22.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @22.94 from a trend line in the weekly time frame.
- A resistance zone ranging from 23.42 to 23.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
AY 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 | UP | POSITIVE | The long term trend for AY is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AY is down. |
| ChartMill Relative Strength | 54.02 | NEUTRAL | AY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.17 | NEUTRAL | The RSI value for AY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests AY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.67 | NEUTRAL | The Stochastics value for AY is a neutral value. |
| Average True Range in percent/ATR (20) | 0.17 | LOW VOLATILITY | The low ATR as a percentage value for AY suggests low volalility. |
| Average Directional Index/ADX (14) | 30.98 | POSITIVE | The high ADX value value for AY suggests a strong trend. |
AY Chart- and CandleStick Pattern Analysis
AY Technicals: Chart, Performance Metrics, Trend & Indicators
21.99
0 (0%)
ATLANTICA SUSTAINABLE INFRAS / AY TA FAQ
What is the technical rating for AY stock?
ChartMill assigns a technical rating of 2 / 10 to AY.
What is the trend direction for AY stock?
The current trend direction for ATLANTICA SUSTAINABLE INFRAS (AY) is Bullish.
What is the RSI signal for ATLANTICA SUSTAINABLE INFRAS (AY) stock?
ATLANTICA SUSTAINABLE INFRAS (AY) has an RSI value of 42.1672. This indicates that the stock is currently neutral.
What is the MACD signal for AY stock?
The MACD indicator for ATLANTICA SUSTAINABLE INFRAS (AY) has a value of -0.0124883, indicating a bearish trend.
Can you provide the support and resistance levels for ATLANTICA SUSTAINABLE INFRAS?
ATLANTICA SUSTAINABLE INFRAS (AY) has a support level at 21.98 and a resistance level at 22. Check the full technical report for our detailed analysis of AY support and resistance levels.