Technical Analysis for ATI - Allegheny Technologies Incorporated

Grade Last Price % Change Price Change
C 60.27 -0.54% -0.33
ATI closed down 0.54 percent on Friday, May 17, 2024, on 1.33 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Flat

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Inside Day Range Contraction -0.54%
Wide Bands Range Expansion -0.54%
Overbought Stochastic Strength -0.54%
New 52 Week Closing High Bullish -2.17%
New 52 Week High Strength -2.17%
Wide Bands Range Expansion -2.17%
Overbought Stochastic Strength -2.17%

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Profile

Allegheny Technologies Incorporated Description

Allegheny Technologies Incorporated engages in the production and sale of specialty metals worldwide. It operates in three segments: High Performance Metals, Flat-Rolled Products, and Engineered Products. The High Performance Metals segment provides various high performance alloys, including nickel- and cobalt-based alloys and super alloys; titanium and titanium-based alloys; zirconium and related alloys, such as hafnium and niobium; other specialty alloys primarily in long product forms of ingots, billets, bars, shapes and rectangles, rods, wires, and seamless tubes; and precision forgings and castings, and machined parts. The Flat-Rolled Products segment provides stainless steel, nickel-based alloys, super alloys, titanium and titanium-based alloys, and specialty alloys in various product forms comprising plates, sheets, engineered strips, and precision rolled strip products, as well as grain-oriented electrical steel sheets. The Engineered Products segment offers tungsten powders, tungsten heavy alloys, tungsten carbide materials, and tungsten carbide cutting tools. This segment also produces carbon alloy steel impression die forgings, and grey and ductile iron castings, as well as provides precision metal processing services, such as grinding, polishing, blasting, cutting, flattening, and ultrasonic testing. The company serves various markets, including aerospace and defense, oil and gas, chemical process, electrical energy, medical, automotive, construction and mining, food equipment and appliances, transportation, electronics, communication equipment, computers, and machine and cutting tools markets; and other markets requiring tools with hardness. Allegheny Technologies Incorporated sells its products through direct sales and independent representatives. The company was founded in 1960 and is based in Pittsburgh, Pennsylvania.


Classification

Sector: Industrials
Industry: Metal Fabrication
Keywords: Mining Aerospace Electronics Oil And Gas Metals Chemical Elements Alloys Stainless Steel Chemical Process Engineered Products Titanium Nickel Cobalt Transition Metals Metallurgy Communication Equipment Forging Aerospace Material Alloy Steel Electrical Energy Tungsten Food Equipment Steel Sheet Refractory Metals Tungsten Carbide

Is ATI a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 62.435
52 Week Low 34.1
Average Volume 1,261,107
200-Day Moving Average 45.38
50-Day Moving Average 52.94
20-Day Moving Average 57.00
10-Day Moving Average 60.38
Average True Range 1.80
RSI (14) 65.99
ADX 44.06
+DI 33.25
-DI 10.56
Chandelier Exit (Long, 3 ATRs) 57.03
Chandelier Exit (Short, 3 ATRs) 53.30
Upper Bollinger Bands 66.08
Lower Bollinger Band 47.93
Percent B (%b) 0.68
BandWidth 31.85
MACD Line 2.60
MACD Signal Line 2.53
MACD Histogram 0.0741
Fundamentals Value
Market Cap 7.69 Billion
Num Shares 128 Million
EPS 2.81
Price-to-Earnings (P/E) Ratio 21.45
Price-to-Sales 1.29
Price-to-Book 3.93
PEG Ratio 1.20
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 61.97
Resistance 3 (R3) 62.13 61.72 61.69
Resistance 2 (R2) 61.72 61.29 61.64 61.59
Resistance 1 (R1) 61.00 61.02 60.79 60.84 61.50
Pivot Point 60.59 60.59 60.48 60.51 60.59
Support 1 (S1) 59.86 60.15 59.66 59.70 59.04
Support 2 (S2) 59.45 59.88 59.37 58.95
Support 3 (S3) 58.73 59.45 58.85
Support 4 (S4) 58.57