Technical analysis from A2 Corporation (ATM.NZ, NZE:ATM) on the New Zealand Stock Exchange (NZX). Download the latest price data & trading signals

A2 Corporation
+ Share

A2 Corporation currently has positive momentum of 0.22
Momentum /
A2 Corporation currently has positive momentum of 0.22

[BULLISH]: A2 Corporation currently has positive momentum of 0.22. This means the current price is greater than the price 5 days ago and therefore gaining momentum. Currently, the return on momentum is 1.5%. The largest upward momentum rally for the last 3 months is 22 days producing a return of 29.5%%.

A2 Corporation: ADX(72.27) has signalled a very strong trend is current
Average Directional Movement /
A2 Corporation: ADX(72.27) has signalled a very strong trend is current

ATM: Average Directional Index Current Signal -> (1) 20 Oct: TREND VERY STRONG (2) 19 Oct: TREND VERY STRONG (3) 18 Oct: TREND VERY STRONG

Stochastic Oscillator /
Stochastic overbought signal has just been neutralized for A2 Corporation

[BEARISH]: A2 Corporation is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.

Moving Average Envelope /
Overbought signal continues for A2 Corporation indicating downward price movement is likely

[BEARISH]: A2 Corporation current trading has maintained the Envelope Bands to overbought status and signalled the continuation of the bearish trading conditions. Currently, the Upper Band is 7.3815.

Ex-Dividend /
A2 Corporation: Ex-dividend date

No financial data available for ATM

Price Range /
Volatile price performance from ATM has seen a range of 0.2 [Uptrend]

[BULLISH]: A2 Corporation current uptrend in the first timeframe. Currently, the Range is $0.2.

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Ease of Movement /
Recent trading was only supported by high volume for A2 Corporation

ATM: EOM Current Signal -> (1) 20 Oct: BULLISH HARD (2) 19 Oct: BEARISH HARD (3) 18 Oct: BULLISH HARD

Accumulation / Distribution /
Market conditions are indicating accumulation is current for ATM

[BULLISH]: A2 Corporation current accumulation has given strength to the share price and the continuation of bullish trading conditions.

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Price continues to trade above the Weighted Moving Average(5) for ATM
Weighted Moving Average /
Price continues to trade above the Weighted Moving Average(5) for ATM

[BULLISH]: A2 Corporation currently has a confirmed uptrend. Recent trading has caused the WMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is 1.5%.

William %R overbought signal has just been neutralized for A2 Corporation
Williams %R /
William %R overbought signal has just been neutralized for A2 Corporation

[BULLISH]: A2 Corporation is currently Oversold highlighting the potential for a short term trend reversal in the upward direction.

Range Tod Vs Range Yest /
A2 Corporation: Buyers continue to be increasingly eager.

[BULLISH]: A2 Corporationbuyers are increasingly eager. There has been 2 consecutive days of range increase for ATM adding strength to an uptrend in the first timeframe. The biggest price range this month has been $1.63 & the greatest daily price range this year has been $5.94. The price range ratio this week versus the quarterly price range is 0.2x & the price range ratio this month versus the year to date price range is 0.3x.

White Candle /
ATM Basic Candle: White

[BULLISH]: A2 Corporation has formed a White candlestick. Normal buying pressure highlighting buyers were in control.

High Price /
A2 Corporation: Daily high price is $8 [Higher High]

[BULLISH]: A2 Corporation current uptrend in the first timeframe. Currently, the HIGH is 1.3 %.

A2 Corporation: Elder Ray Index is 0.406 [Bullish]
Elder Ray Index /
A2 Corporation: Elder Ray Index is 0.406 [Bullish]

[BULLISH]: A2 CorporationElder Ray Index is signalling a Bullish movementERI is 0.406 indicating bull power. Prices are being driven above the consensus of value for ATM during the last trading session [Buying Pressure]

Daily trading produced an Uptrend bar for A2 Corporation
Short Trend /
Daily trading produced an Uptrend bar for A2 Corporation

[BULLISH]: A2 Corporation is in an uptrend in the short term timeframe. The buyers have dominated the daily trade, however further confirmation is required before taking a position.

PROFIT /
Operating profitability for A2 Corporation is now $100.89M

A2 Corporation Key financial metrics: (1) Revenue: $469.67M (2) EBITDA: $100.89M (3) Price-Sales ratio: 12.16

Simple Moving Average /
ATM: Price continues to move above the SMA(5) @$7.862

[BEARISH]: A2 Corporation currently has a confirmed downtrend. Recent trading has caused the SMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is 1.5%.

Sine Weighted Moving Average /
The SWMA trend following signal is still current for A2 Corporation [Bullish]

[BULLISH]: A2 Corporation currently has a confirmed uptrend. Recent trading has caused the SWMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is 1.5%.

ATM: The return on PVO is 1.8%.
Percentage Volume /
ATM: The return on PVO is 1.8%.

[BEARISH]: A2 Corporation currently has negative PVO -1.6%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is 1.8%.

Free float for A2 Corporation is 689622000
TRADE /
Free float for A2 Corporation is 689622000

A2 Corporation key financial metrics: (1) MCAP: $5.80B (2) Shares: 725620000 (3) Free Float: 689622000

14-day volume rate of change is decreasing for A2 Corporation
Volume Rate of Change /
14-day volume rate of change is decreasing for A2 Corporation

ATM: VROC Recent Trading -> (1) 20 Oct: -34 (2) 19 Oct: -35 (3) 18 Oct: -41

Daily Volume Index /
A2 Corporation is being actively accumulated based on DVI

[BULLISH]: A2 Corporation current accumulation has given strength to the share price and the continuation of bullish trading conditions.

On Balance Volume /
A2 Corporation: Current trading activity signals OBV accumulation is present

[BULLISH]: A2 Corporation current price has highlighted recent accumulation. Currently, the OBV is 3.69755e+007.

Elders Force Index /
A2 Corporation: Direction, extent & volume have increased in recent trading [Buying Pressure]

[BULLISH]: A2 Corporation current price has highlighted recent buying pressure. Currently, the Elders Force Index is 353731.

Pivot Points /
A2 Corporation has moved above the R1 pivot point ($8.06) [Bullish]

A2 Corporation has broken the first resistance point ($8.06) [Bullish]. Look for a long limit order entry near this point. Exit price for ATM should be set @$8.13 & Stoploss for A2 Corporation should be set between $7.73 & $7.66

A2 Corporation: Buyers are in control at the market close.
Close Tod Vs Range Tod /
A2 Corporation: Buyers are in control at the market close.

[BULLISH]: A2 Corporation buyers are in control at the market close. There has been 2 consecutive days of prices closing in the upper part of the trading range for A2 Corporation adding strength to an uptrend in the first timeframe & highlights the commitment of buyers to carry positions overnight. Over the last 12 months there has been 241 trading days with the closing price in the upper part of the range giving a confirmation ratio of 91.6%. Over the last month there has been 12 trading days with the closing price in the upper range giving a confirmation ratio of 80%. Currently this quarter, closing price has spent 12 days in the upper price range compared to 2 days in the lower range giving a ratio of 6x.

ATM: Over the last month there has been 2 trading days with the opening price in the lower price range & the closing the price in the upper price range
Open Tod Vs Close Tod /
ATM: Over the last month there has been 2 trading days with the opening price in the lower price range & the closing the price in the upper price range

[BULLISH STRONG]: A2 Corporation opened in the lower part of daily range at 25% & closed in the upper part of the trading range at 95%. This suggests the buyers were in control all day. Over the last 12 months there has been 47 trading days with the opening price in the lower shadow & the closing the price in the upper shadow giving a confirmation ratio of 17.9%. Over the last month there has been 2 trading days with the opening price in the lower price range & the closing the price in the upper price range giving a confirmation ratio of 13.3%.

Low Price /
Low for ATM has surpassed the low of the previous trading session

[BEARISH]: A2 Corporation current uptrend in the first timeframe. Currently, the Low is $7.8 (0.8 %).

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