RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ATAI
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Big movements in ATA Inc. stock price on Thursday moving 13.33% between high and low
(Updated on Mar 28, 2024)

Buy candidate since Mar 28, 2024 PDF

The ATA Inc. stock price gained 10.06% on the last trading day (Thursday, 28th Mar 2024), rising from $1.79 to $1.97. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 13.33% from a day low at $1.80 to a day high of $2.04. The price has risen in 6 of the last 10 days and is up by 17.26% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 2 million more shares were traded than the day before. In total, 3 million shares were bought and sold for approximately $5.81 million.

The stock lies in the middle of a very wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 2.90% during the next 3 months and, with a 90% probability hold a price between $1.51 and $2.27 at the end of this 3-month period.

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ATAI Signals & Forecast

The ATA Inc. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $1.74 and $1.86. A breakdown below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, March 07, 2024, and so far it has fallen -10.05%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for ATA Inc. stock

ATA Inc. finds support from accumulated volume at $1.96 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.240 between high and low, or 13.33%. For the last week, the stock has had daily average volatility of 7.59%.

Our recommended stop-loss: $1.87 (-5.12%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 15 days ago.)

Trading Expectations (ATAI) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect ATA Inc. to open at $1.94, and during the day (based on 14 day Average True Range), to move between $1.82 and $2.12, which gives a possible trading interval of +/-$0.151 (+/-7.64%) up or down from last closing price. If ATA Inc. takes out the full calculated possible swing range there will be an estimated 15.28% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $1.96 (0.51%) than the resistance at $2.01 (2.03%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is ATA Inc. stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for ATA Inc. stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

Current score: 1.490 Buy Candidate Upgraded

Predicted Opening Price for ATA Inc. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$1.94 ( 1.69%) $1.97

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for ATAI

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 2.18 10.49 %
R2 2.08 5.84 %
R1 2.03 2.96 %
Current price: 1.97
Support S1 1.84 -6.35 %
S2 1.79 -9.22 %
S3 1.70 -13.87 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 2.19 11.17 %
R2 2.02 2.54 %
R1 2.01 2.03 %
Current price 1.97
Support S1 1.96 -0.508%
S2 1.77 -10.15%
S3 1.72 -12.69%

ATAI Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Aug 08, 2018 Aug 27, 2018 Aug 24, 2018 $6.00 0%
2 Jun 01, 2017 Jun 08, 2017 Jun 30, 2017 $0.410 0%
3 May 29, 2014 Jun 26, 2014 Jul 31, 2014 $0.410 0%
4 Aug 16, 2012 Aug 16, 2012 Sep 20, 2012 $0.150 0%
5 Jun 08, 2011 Jun 28, 2011 Aug 01, 2011 $0.430 0%

FAQ

What is the symbol for ATA Inc. Stock and on which exchange is it traded?
The symbol for ATA Inc. is ATAI and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell ATA Inc. Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for ATA Inc. stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

How to buy ATA Inc. Stock?
ATA Inc. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy ATA Inc. Stock.

What's the current price of ATA Inc. Stock?
As of the end of day on the 2024-03-28, the price of an ATA Inc. (ATAI) share was $1.97.

What is the 52-week high and low for ATA Inc. Stock?
The 52-week high for ATA Inc. Stock is $2.39 and the 52-week low is $1.03.

What is the market capitalization of ATA Inc. Stock?
As of the 2024-03-28, the market capitalization of ATA Inc. is 297.158M.

When is the next earnings date for ATA Inc.?
The upcoming earnings date for ATA Inc. is May 07, 2024.
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About ATA Inc.

ATA. Atai Life Sciences N.V., through its subsidiary, ATAI Life Sciences AG, operates as a clinical-stage biopharmaceutical company. It engages in developing various therapeutic candidates that focuses on various mental health disorders. The company's therapeutic candidates include PCN-101, a subcutaneous formulation of R-ketamine for the treatment of treatment-resistant depression (TRD); RL-007, a cholinergic, glutamatergic, and GABA-B receptor modul... ATAI Profile

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