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Atlantic Power Corp (AT) Stock Technical Analysis

NYSE:AT - New York Stock Exchange, Inc. -

3.02  0 (0%)

After market: 3.02 0 (0%)

Technical Rating and Analysis

7

Taking everything into account, AT scores 7 out of 10 in our technical rating. Although AT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Both the short term and long term trends are positive. This is a very positive sign.
AT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
AT has an average volume of 1249220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, AT outperforms 63% of them, which is more or less in line with the market.
In the last month AT has a been trading in a tight range between 2.99 and 3.03.
Weekly and Daily overview Charts
Atlantic Power Corp / AT Weekly stock chart
Atlantic Power Corp / AT Daily stock chart
Setup Rating and Analysis

8

AT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 3.02. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.02, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

1.93

3.07

4 important support areas can be observed.

  • A support zone ranging from 3.01 to 3.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 2.79 to 2.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @2.06 from a trend line in the weekly time frame.
  • Support @1.95 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 3.02 to 3.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.75
Mansfield1.12
10 Day High3.03
10 Day Low3.01
20 Day High3.03
20 Day Low2.99
52 Week High3.06
52 Week Low1.82
Performance
1 Week-0.33%
2 Weeks-0.33%
1 Month0.67%
3 Month1%
6 Month48.77%
12 Month59.79%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)59.99
LBB3
UBB3.04
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
3.033.000.03 (1.09%)25.00%
An entry @3.03. This is a Buy Stop order right above the 10 day moving average.An exit @3.00. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.03 points, which is 1.09%.For a 0.27% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
Atlantic Power Corp / AT Daily stock chart

Atlantic Power Corp

NYSE:AT (5/14/2021, 8:23:37 PM)

After market: 3.02 0 (0%)

3.02

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week-0.33%
2 Weeks-0.33%
1 Month0.67%
3 Month1%
6 Month48.77%
12 Month59.79%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%0.4%
ATR Inc-17.65%
Range Today0.01
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.75
Mansfield1.12
10 Day High3.03
10 Day Low3.01
20 Day High3.03
20 Day Low2.99
52 Week High3.06
52 Week Low1.82
CS1 End3.02
CR1 Start3.02
Volume & EV
DER(3)-2%
DER(5)0.63%
Volume919.00K
Volume Incr-26.9%
Vol(5)818.26K
Vol(50)1.25M