Taking everything into account, ATMV scores 2 out of 10 in our technical rating. ATMV 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 ATMV 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
7.64
We found 1 important support area.
- A support zone ranging from 7.72 to 7.74. This zone is formed by a combination of multiple trend lines and important moving averages 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 ATMV is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ATMV is neutral. |
| ChartMill Relative Strength | 17.04 | NEGATIVE | ATMV has a low relative strength, it was outperformed by 82.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ATMV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ATMV is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ATMV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.26 | NEUTRAL | The RSI value for ATMV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests ATMV has a positive trend. |
| Stochastics (14,3) | 39.91 | NEUTRAL | The Stochastics value for ATMV is a neutral value. |
| Average True Range in percent/ATR (20) | 12.87 | HIGH VOLATILITY | The high ATR as a percentage value for ATMV suggests high volalility. |
| Average Directional Index/ADX (14) | 31.73 | POSITIVE | The high ADX value value for ATMV suggests a strong trend. |
10.3
+2.46 (+31.3%)
ALPHAVEST ACQUISITION CORP / ATMV FAQ
What is the technical rating for ATMV stock?
ChartMill assigns a technical rating of 2 / 10 to ATMV.
Can you provide the trend direction for ALPHAVEST ACQUISITION CORP?
The current trend direction for ALPHAVEST ACQUISITION CORP (ATMV) is Bearish.
What is the RSI signal for ALPHAVEST ACQUISITION CORP (ATMV) stock?
ALPHAVEST ACQUISITION CORP (ATMV) has an RSI value of 62.2642. This indicates that the stock is currently neutral.
What is the MACD signal for ALPHAVEST ACQUISITION CORP (ATMV) stock?
The MACD indicator for ALPHAVEST ACQUISITION CORP (ATMV) has a value of 0.342415, indicating a bearish trend.
What is the support and resistance level for ATMV stock?
ALPHAVEST ACQUISITION CORP (ATMV) has a support level at 7.74. Check the full technical report for our detailed analysis of ATMV support and resistance levels.