Logo image of ATMP

IPATH SELECT MLP ETN (ATMP) Stock Technical Analysis

NYSEARCA:ATMP - American Stock Exchange - US06742C7231 - ETF

31.68  +0.54 (+1.73%)

Technical Rating and Analysis

10

Taking everything into account, ATMP scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, ATMP has proven to be a steady performer, scoring decent points in every aspect analyzed.

Warning: ATMP has an average volume of 27402 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that ATMP is one of the better performing stocks in the market, outperforming 87% of all stocks. We also observe that the gains produced by ATMP over the past year are nicely spread over this period.
ATMP is one of the better performing stocks in the Banks industry, it outperforms 92% of 405 stocks in the same industry.
ATMP is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ATMP has a been trading in the 27.36 - 31.80 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
ATMP Weekly chart
ATMP Daily chart
Setup Rating and Analysis

2

Although ATMP has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

26.13

32.00

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 29.03 to 29.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 27.87 to 28.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 27.28 to 27.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 26.39 to 26.68. This zone is formed by a combination of multiple trend lines in the daily 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
CRS87.15
Mansfield1.22
10 Day High31.8
10 Day Low28.85
20 Day High31.8
20 Day Low27.36
52 Week High31.8
52 Week Low21.34
Performance
1 Week7.61%
2 Weeks9.56%
1 Month15.79%
3 Month18.76%
6 Month23.27%
12 Month44.26%
2 Year60.94%
3 Year85.37%
5 Year91.07%
10 Year7.5%
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)0.31
RSI(14)77.96
LBB27.52
UBB31.69
ATMP Daily chart

IPATH SELECT MLP ETN

NYSEARCA:ATMP (1/21/2025, 8:04:00 PM)

31.68

+0.54 (+1.73%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.73%
1 Week7.61%
2 Weeks9.56%
1 Month15.79%
3 Month18.76%
6 Month23.27%
12 Month44.26%
2 Year60.94%
3 Year85.37%
5 Year91.07%
10 Year7.5%
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%1.48%
ATR Inc32.52%
Range Today0.8
ADR(20)0.4
ADR(20)%1.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.15
Mansfield1.22
10 Day High31.8
10 Day Low28.85
20 Day High31.8
20 Day Low27.36
52 Week High31.8
52 Week Low21.34
CS1 End29.14
CR1 StartN/A
Volume & EV
DER(3)-0.26%
DER(5)-1.6%
Volume37.50K
Volume Incr117.16%
Vol(5)38.34K
Vol(50)27.40K