Stock Trend Analysis Report
Prepared for you on Sunday, May 22, 2022.
ATLAS COPCO AB B S/ADR (NASDAQ:ATLCY)
Strong Downtrend (-100) - ATLCY is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ATLCY continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ATLCY?
MarketClub looks at technical strength and momentum to determine if the timing is right for ATLCY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ATLCY
The long-term trend has been DOWN since Jan 24th, 2022 at 50.226
The intermediate-term trend has been DOWN since Apr 6th, 2022 at 44.610
The short-term trend has been DOWN since May 20th, 2022 at 36.670
Smart Scan Analysis for ATLCY
Based on our trend formula, ATLCY is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||48||Year High Date||2018-06-21|
|Year Low||20.8||Year Low Date||2018-11-20|
|52wk High||60.42||52wk High Date||2021-08-16|
|52wk Low||35.51||52wk Low Date||2022-05-13|
|Year End Close||24.77||Average Volume||23,556|