AMERICAN TOWER CORP.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	AMT
ISIN:

AMERICAN TOWER CORP. - 1H - Technical analysis published on 02/28/2024 (GMT)

Timeframe : 1H
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Bullish

Underlying: Slightly bearish

Technical indicators

67%

22%

11%

My opinion

Neutral between 185.64 USD and 191.36 USD

My targets

My analysis

The basic trend is slightly bearish and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 191.36 USD. The first support is located at 185.64 USD. Without a basic trend, it is be important to monitor the price reaction at the first levels of resistance or support. A bullish break in resistance could quickly reverse the basic trend. A bearish break in the support would be welcome to boost the slightly bearish basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by AMERICAN TOWER CORP..

In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The AMERICAN TOWER CORP. rating is 189.61 USD. On the day, this instrument gained +1.57% with the lowest point at 186.50 USD and the highest point at 190.63 USD. The deviation from the price is +1.67% for the low point and -0.54% for the high point.

186.50

190.63

189.61

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by AMERICAN TOWER CORP.:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of AMERICAN TOWER CORP. in 1H shows an overall slightly bearish trend. 53.57% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently given by short-term moving averages could cause a reversal of the trend. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : 1 hour

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Three white soldiers

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	181.01	185.64	189.38	189.61	191.36	196.71	201.58
Change (%)	-4.54%	-2.09%	-0.12%	-	+0.92%	+3.74%	+6.31%
Change	-8.60	-3.97	-0.23	-	+1.75	+7.10	+11.97
Level	Major	Intermediate	Minor	-	Intermediate	Major	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	172.24	176.70	181.69	186.15	191.14	195.60	200.59
Camarilla	184.08	184.95	185.81	186.68	187.55	188.41	189.28
Woodie	172.51	176.83	181.96	186.28	191.41	195.73	200.86
Fibonacci	176.70	180.31	182.54	186.15	189.76	191.99	195.60

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	180.93	183.26	186.60	188.93	192.27	194.60	197.94
Camarilla	188.37	188.89	189.41	189.93	190.45	190.97	191.49
Woodie	181.43	183.51	187.10	189.18	192.77	194.85	198.44
Fibonacci	183.26	185.43	186.77	188.93	191.10	192.44	194.60

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	162.88	178.82	187.23	203.17	211.58	227.52	235.93
Camarilla	188.95	191.19	193.42	195.65	197.88	200.11	202.35
Woodie	159.13	176.94	183.48	201.29	207.83	225.64	232.18
Fibonacci	178.82	188.12	193.87	203.17	212.47	218.22	227.52

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	58.99
MACD (12,26,9):	-0.7900
Directional Movement:	21.01
AROON (14):	-71.43
DEMA (21):	185.55
Parabolic SAR (0,02-0,02-0,2):	181.16
Elder Ray (13):	2.32
Super Trend (3,10):	181.85
Zig ZAG (10):	189.30
VORTEX (21):	0.9700
Stochastique (14,3,5):	57.58
TEMA (21):	184.99
Williams %R (14):	-16.39
Chande Momentum Oscillator (20):	1.20
Repulse (5,40,3):	3.3700
ROCnROLL:	1
TRIX (15,9):	-0.0600
Courbe Coppock:	5.10

MA7:	188.45
MA20:	190.68
MA50:	201.51
MA100:	192.91
MAexp7:	186.06
MAexp20:	186.46
MAexp50:	187.59
MAexp100:	189.53
Price / MA7:	+0.62%
Price / MA20:	-0.56%
Price / MA50:	-5.91%
Price / MA100:	-1.71%
Price / MAexp7:	+1.91%
Price / MAexp20:	+1.69%
Price / MAexp50:	+1.08%
Price / MAexp100:	+0.04%

Quotes : - 15 min delayed data - NYSE Stocks

News

The latest news and videos published on AMERICAN TOWER CORP. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia AI

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