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Atlantic Power Corp (ATP.CA) Stock Technical Analysis

TSX:ATP - Toronto Stock Exchange -

3.61  -0.05 (-1.37%)

Technical Rating and Analysis

2

Taking everything into account, ATP scores 2 out of 10 in our technical rating. ATP was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.

66% of all other stocks performed better in the past year than ATP.
ATP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ATP is lagging the market slightly.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
In the last month ATP has a been trading in a tight range between 3.61 and 3.80.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
Atlantic Power Corp / ATP Weekly stock chart
Atlantic Power Corp / ATP Daily stock chart
Setup Rating and Analysis

0

The technical rating of ATP is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

2.51

3.86

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 3.50 to 3.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 2.54 to 2.61. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 3.62 to 3.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 3.81 to 3.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS34.91
Mansfield0.29
10 Day High3.74
10 Day Low3.61
20 Day High3.8
20 Day Low3.61
52 Week High3.87
52 Week Low2.49
Performance
1 Week-1.63%
2 Weeks-2.96%
1 Month-3.48%
3 Month-3.48%
6 Month37.79%
12 Month24.48%
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)-0.01
RSI(14)36.41
LBB3.62
UBB3.74
Atlantic Power Corp / ATP Daily stock chart

Atlantic Power Corp

TSX:ATP (5/17/2021, 3:59:59 PM)

3.61

-0.05 (-1.37%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.37%
1 Week-1.63%
2 Weeks-2.96%
1 Month-3.48%
3 Month-3.48%
6 Month37.79%
12 Month24.48%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%0.75%
ATR Inc60%
Range Today0.03
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.91
Mansfield0.29
10 Day High3.74
10 Day Low3.61
20 Day High3.8
20 Day Low3.61
52 Week High3.87
52 Week Low2.49
CS1 End3.53
CR1 Start3.62
Volume & EV
DER(3)0%
DER(5)0%
Volume7.96K
Volume Incr-84.83%
Vol(5)5.82K
Vol(50)49.94K