pool adsAllegheny Technologies $ATI Technical Update
The Allegheny Technologies (NYSE: ATI) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for ATI, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.
Technical Summary
| Term → | Near | Mid | Long |
|---|---|---|---|
| Rating | Weak | Weak | Neutral |
| P1 | 22.30 | 20.95 | 20.65 |
| P2 | 22.80 | 23.28 | 24.89 |
| P3 | 23.47 | 25.51 | 28.89 |
Support and Resistance Plot Chart for ATI
Long Term Trading Plans for ATI
May 23, 2019, 9:30 am ET
The Technical Summary and Trading Plans for ATI help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this ATI Report.
ATI - (Long) Support Plan
The technical summary data tells us to buy ATI near 20.65 with an upside target of 24.89. This data also tells us to set a stop loss @ 20.39 to protect against excessive loss in case the stock begins to move against the trade. 20.65 is the first level of support below 22.57 , and by rule, any test of support is a buy signal. In this case, support 20.65 would be being tested, so a buy signal would exist.
ATI - (Short) Resistance Plan
The technical summary data is suggesting a short of ATI as it gets near 24.89 with a downside target of 20.65. We should have a stop loss in place at 25.15 though. 24.89 is the first level of resistance above 22.57, and by rule, any test of resistance is a short signal. In this case, if resistance 24.89 is being tested, so a short signal would exist.
Blue = Current Price
Red= Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
Factset: Request User/Pass
Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.
Our Market Crash Leading Indicator is Evitar Corte.
Evitar Corte warned of market crash risk four times since 2000.
It identified the Internet Debacle before it happened.
It identified the Credit Crisis before it happened.
It identified the Corona Crash too.
See what Evitar Corte is Saying Now.
Get Notified When our Ratings Change: Take a Trial
