Logo image of AY

ATLANTICA SUSTAINABLE INFRAS (AY) Stock Technical Analysis

NASDAQ:AY - Nasdaq - GB00BLP5YB54 - Common Stock - Currency: USD

21.99  0 (0%)

After market: 22 +0.01 (+0.05%)

Technical Rating and Analysis

2

Overall AY gets a technical rating of 2 out of 10. In the last year, AY was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.

AY is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so AY is performing more or less in line with the market.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
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.
AY is part of the Independent Power and Renewable Electricity Producers industry. There are 20 other stocks in this industry, AY did better than 47% of them.
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.
Weekly and Daily overview Charts
ATLANTICA SUSTAINABLE INFRAS / AY Weekly stock chart
ATLANTICA SUSTAINABLE INFRAS / AY Daily stock chart
Setup Rating and Analysis

6

Although the technical rating is bad, AY does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 21.98, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

21.59

23.65

We found 1 important support 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.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for AY is up.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for AY is down.
ChartMill Relative Strength54.02NEUTRALAY is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of AY is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of AY is below a declining SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of AY is above the rising SMA(200).
Relative Strength Index/RSI (14)42.17NEUTRALThe RSI value for AY is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests AY has a negative trend, although the MACD value is rising.
Stochastics (14,3)26.67NEUTRALThe Stochastics value for AY is a neutral value.
Average True Range in percent/ATR (20)0.17LOW VOLATILITYThe low ATR as a percentage value for AY suggests low volalility.
Average Directional Index/ADX (14)30.98POSITIVEThe high ADX value value for AY suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
ATLANTICA SUSTAINABLE INFRAS / AY Daily stock chart

ATLANTICA SUSTAINABLE INFRAS

NASDAQ:AY (12/11/2024, 9:33:46 PM)

After market: 22 +0.01 (+0.05%)

21.99

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg0%
1 Week0.18%
2 Weeks-0.68%
1 Month-0.5%
3 Month0.27%
6 Month0.27%
12 Month3.53%
2 Year-15.1%
3 Year-38.51%
5 Year-16.67%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%0.17%
ATR Inc-50%
Range Today0.02
ADR(20)0.03
ADR(20)%0.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.02
Mansfield-0.81
10 Day High22.17
10 Day Low21.92
20 Day High22.17
20 Day Low21.92
52 Week High23.47
52 Week Low16.82
CS1 End21.98
CR1 Start22
Volume & EV
DER(3)-0.61%
DER(5)-1.83%
Volume2.18M
Volume Incr42.85%
Vol(5)1.41M
Vol(50)970.45K