We assign a technical rating of 4 out of 10 to ATGL. ATGL 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.
ATGL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
22.75
We found 1 important support area.
4 important resistance areas can be observed.
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 ATGL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ATGL is neutral. |
| ChartMill Relative Strength | 77.4 | POSITIVE | ATGL has a high relative strength, it outperformed 77.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ATGL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ATGL is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ATGL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.67 | NEUTRAL | The RSI value for ATGL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests ATGL has a negative trend. |
| Stochastics (14,3) | 46.8 | NEUTRAL | The Stochastics value for ATGL is a neutral value. |
| Average True Range in percent/ATR (20) | 12.77 | HIGH VOLATILITY | The high ATR as a percentage value for ATGL suggests high volalility. |
| Average Directional Index/ADX (14) | 29.67 | POSITIVE | The high ADX value value for ATGL suggests a strong trend. |
23.16
-2.34 (-9.18%)
ChartMill assigns a technical rating of 4 / 10 to ATGL.
The current trend direction for ALPHA TECHNOLOGY GROUP LTD-A (ATGL) is Bearish.
ALPHA TECHNOLOGY GROUP LTD-A (ATGL) has an RSI value of 49.6714. This indicates that the stock is currently neutral.
The MACD indicator for ALPHA TECHNOLOGY GROUP LTD-A (ATGL) has a value of -0.0596423, indicating a bearish trend.