A10 NETWORKS INC (ATEN) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ATEN - US0021211018 - Common Stock
Taking everything into account, ATEN scores 2 out of 10 in our technical rating. ATEN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of ATEN is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
16.38
When analyzing the support we can see 2 important areas.
- A support zone ranging from 17.39 to 17.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.55 to 17.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 18.33 to 18.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @18.96 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for ATEN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ATEN is neutral. |
| ChartMill Relative Strength | 31.59 | NEUTRAL | ATEN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ATEN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ATEN is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ATEN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.18 | NEUTRAL | The RSI value for ATEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests ATEN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.56 | NEUTRAL | The Stochastics value for ATEN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.09 | MEDIUM VOLATILITY | The ATR as a percentage value for ATEN suggests some volalility. |
| Average Directional Index/ADX (14) | 23.77 | NEUTRAL | The ADX value for ATEN suggests a possible start of a new trend. |
17.8
-0.32 (-1.77%)
A10 NETWORKS INC / ATEN FAQ
What is the ChartMill technical rating of A10 NETWORKS INC (ATEN) stock?
ChartMill assigns a technical rating of 2 / 10 to ATEN.
Can you provide the trend direction for A10 NETWORKS INC?
The current trend direction for A10 NETWORKS INC (ATEN) is Bearish.
What is the RSI signal for ATEN stock?
A10 NETWORKS INC (ATEN) has an RSI value of 53.1752. This indicates that the stock is currently neutral.
Can you provide the short term momentum for A10 NETWORKS INC?
The short term momentum for A10 NETWORKS INC (ATEN) is neutral.