ATLAS LITHIUM INC (ATLX)

US1058613068 - Common Stock

7.93  +0.16 (+2.06%)

After market: 8.24 +0.31 (+3.91%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to ATLX. ATLX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
96% of all other stocks performed better in the past year than ATLX.
ATLX is part of the Metals & Mining industry. There are 157 other stocks in this industry, of which 92% are performing better than ATLX.
ATLX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month ATLX has a been trading in the 7.25 - 11.89 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ATLX Weekly chart
ATLX Daily chart
Setup Rating and Analysis

3

The technical rating of ATLX 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.

Support and Resistance Analysis

7.29

18.03

We found 2 important support areas.

  • A support zone ranging from 7.69 to 7.79. 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 7.36 to 7.50. This zone is formed by a combination of multiple trend lines in multiple time frames.

6 important resistance areas can be observed.

  • A resistance zone ranging from 7.94 to 8.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @8.88 from a trend line in the weekly time frame.
  • Resistance @9.52 from a trend line in the daily time frame.
  • Resistance @10.03 from a trend line in the daily time frame.
  • Resistance @10.39 from a horizontal line in the daily time frame.
  • Resistance @17.85 from a horizontal line in the weekly time frame.
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
CRS4.47
Mansfield-5.42
10 Day High8.75
10 Day Low7.25
20 Day High11.89
20 Day Low7.25
52 Week High34
52 Week Low6.25
Performance
1 Week5.59%
2 Weeks-7.14%
1 Month-3.53%
3 Month-27.58%
6 Month-49.49%
12 Month-72.36%
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)-0.1
RSI(14)46.84
LBB7.11
UBB9.03
ATLX Daily chart

ATLAS LITHIUM INC

NASDAQ:ATLX (11/22/2024, 8:00:00 PM)

After market: 8.24 +0.31 (+3.91%)

7.93

+0.16 (+2.06%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg2.06%
1 Week5.59%
2 Weeks-7.14%
1 Month-3.53%
3 Month-27.58%
6 Month-49.49%
12 Month-72.36%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.68
ATR(20)%11.59%
ATR Inc
Range Today0.53
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High8.75
10 Day Low7.25
20 Day High11.89
20 Day Low7.25
52 Week High34
52 Week Low6.25
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume92.52K
Volume Incr-34.3%
Vol(5)85.47K
Vol(50)141.59K