NASDAQ:ATLO - Nasdaq - US0310011004 - Common Stock - Currency: USD
Overall ATLO gets a technical rating of 1 out of 10. ATLO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, ATLO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 17.38. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.29, a Stop Loss order could be placed below this zone.
15.77
When analyzing the support we notice one important area.
We can see 3 important resistance areas.
16.81
-0.51 (-2.94%)