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ATLAS COPCO AB-A SHS (ATCOA.ST) Stock Technical Analysis

STO:ATCOA - Nasdaq Stockholm AB - SE0017486889 - Common Stock - Currency: SEK

183.4  +0.25 (+0.14%)

Technical Rating and Analysis

3

We assign a technical rating of 3 out of 10 to ATCOA. ATCOA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

ATCOA has an average volume of 2328460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, ATCOA turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
ATCOA is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month ATCOA has a been trading in the 174.45 - 190.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
ATLAS COPCO AB-A SHS / ATCOA Weekly stock chart
ATLAS COPCO AB-A SHS / ATCOA Daily stock chart
Setup Rating and Analysis

8

ATCOA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 184.60. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 182.95, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

166.66

207.87

We found 2 important support areas.

  • A support zone ranging from 182.03 to 182.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 168.34 to 174.99. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 184.60 to 192.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @198.30 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 204.40 to 205.81. This zone is formed by a combination of multiple trend lines 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
CRS40.36
Mansfield-0.43
10 Day High186.38
10 Day Low174.45
20 Day High190.7
20 Day Low174.45
52 Week High206.4
52 Week Low167
Performance
1 Week0.36%
2 Weeks-1.29%
1 Month-0.19%
3 Month1.61%
6 Month6.26%
12 Month0.47%
2 Year39.43%
3 Year49.9%
5 Year120.17%
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)-0.43
RSI(14)49.84
LBB177.16
UBB190.32
ATLAS COPCO AB-A SHS / ATCOA Daily stock chart

ATLAS COPCO AB-A SHS

STO:ATCOA (3/7/2025, 5:30:45 PM)

183.4

+0.25 (+0.14%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.14%
1 Week0.36%
2 Weeks-1.29%
1 Month-0.19%
3 Month1.61%
6 Month6.26%
12 Month0.47%
2 Year39.43%
3 Year49.9%
5 Year120.17%
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.91
ATR(20)%2.35%
ATR Inc44.48%
Range Today4.85
ADR(20)3.89
ADR(20)%2.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.36
Mansfield-0.43
10 Day High186.38
10 Day Low174.45
20 Day High190.7
20 Day Low174.45
52 Week High206.4
52 Week Low167
CS1 End182.95
CR1 Start184.6
Volume & EV
DER(3)-2.85%
DER(5)-0.35%
Volume2.76M
Volume Incr71.34%
Vol(5)3.17M
Vol(50)2.33M