Atlanticus Technical Analysis (NASDAQ:ATLC)
Technical analysis is the study of technical chart patterns and does not rely on the financials of a company. When a chart pattern that can predict future Atlanticus stock price movements is formed, the ATLC stock chart can become a key tool for a technical analyst.
See Atlanticus bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. Technical analysis is used by finance professionals and is popular among traders, especially day traders. Undertaking Atlanticus stock analysis using these technical indicators helps identify trading opportunities.
Atlanticus Moving Average:
Moving averages show the average price of ATLC stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Atlanticus are mostly signals of long term trends and will help long term traders.
Atlanticus Bollinger Bands:
Bollinger bands comprise of a center line usually ATLC SMA, and two ATLC stock price bands above and below it. The stock is considered over brought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Currently the stock price of $2.47 is in the upper range of Atlanticus bollinger bands.
Atlanticus Moving Average Convergence Divergence or MACD:
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Atlanticus MACD indicator can be used to identify bullish and bearish trends for the stock.
Atlanticus Relative Strength Index:
The RSI is a valuable tool to determine overbought / oversold stocks and measures the recent performance of a stock in relation to its own stock price history. 48.77 is the RSI value of ATLC stock. .