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 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
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.
We can see 3 important resistance 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.
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. |
21.99
0 (0%)
ATLANTICA SUSTAINABLE INFRAS / AY FAQ
What is the technical rating for AY stock?
ChartMill assigns a technical rating of 2 / 10 to AY.
Can you provide the trend direction for ATLANTICA SUSTAINABLE INFRAS?
The current trend direction for ATLANTICA SUSTAINABLE INFRAS (AY) is Bullish.
What is the RSI signal for 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 ATLANTICA SUSTAINABLE INFRAS (AY) stock?
The MACD indicator for ATLANTICA SUSTAINABLE INFRAS (AY) has a value of -0.0124883, indicating a bearish trend.
What is the short term momentum for AY stock?
The short term momentum for ATLANTICA SUSTAINABLE INFRAS (AY) is negative.