Londinia Opportunities Analyses - 10/27/2021 (GMT) AMERICAN TOWER CORP. - 1H

- USD (-)

- 15 min delayed data - NYSE Stocks

Type:	Stocks
Ticker:	AMT
ISIN:

Londinia

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.

U.S. Stocks
Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

28%

My opinion

Bullish above 286.88 USD

My targets

294.92 USD (+1.71%)

303.62 USD (+4.71%)

My analysis

AMERICAN TOWER CORP. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 286.88 USD. The next resistance located at 294.92 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 303.62 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.4

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The AMERICAN TOWER CORP. price is 289.96 USD. On the day, this instrument gained +1.05% with the lowest point at 288.00 USD and the highest point at 291.17 USD. The deviation from the price is +0.68% for the low point and -0.42% for the high point.

288.00

291.17

289.96

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of AMERICAN TOWER CORP. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

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

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	277.46	283.90	286.88	289.96	294.92	303.62
Change (%)	-4.31%	-2.09%	-1.06%	-	+1.71%	+4.71%
Change	-12.50	-6.06	-3.08	-	+4.96	+13.66
Level	Minor	Intermediate	Intermediate	-	Intermediate	Major

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	280.88	283.14	285.04	287.30	289.20	291.46	293.36
Camarilla	285.80	286.18	286.56	286.94	287.32	287.70	288.08
Woodie	280.70	283.05	284.86	287.21	289.02	291.37	293.18
Fibonacci	283.14	284.73	285.71	287.30	288.89	289.87	291.46

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	254.52	260.72	272.59	278.79	290.66	296.86	308.73
Camarilla	279.48	281.14	282.79	284.45	286.11	287.76	289.42
Woodie	257.35	262.14	275.42	280.21	293.49	298.28	311.56
Fibonacci	260.72	267.63	271.89	278.79	285.70	289.96	296.86

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	215.98	240.62	253.02	277.66	290.06	314.70	327.10
Camarilla	255.22	258.62	262.02	265.41	268.81	272.20	275.60
Woodie	209.85	237.56	246.89	274.60	283.93	311.64	320.97
Fibonacci	240.62	254.77	263.51	277.66	291.81	300.55	314.70

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	70.82
MACD (12,26,9):	2.9500
Directional Movement:	11.21
AROON (14):	78.57
DEMA (21):	288.92
Parabolic SAR (0,02-0,02-0,2):	286.08
Elder Ray (13):	1.74
Super Trend (3,10):	284.58
Zig ZAG (10):	289.23
VORTEX (21):	1.1900
Stochastique (14,3,5):	79.83
TEMA (21):	289.45
Williams %R (14):	-14.65
Chande Momentum Oscillator (20):	4.88
Repulse (5,40,3):	0.1300
ROCnROLL:	1
TRIX (15,9):	0.1500
Courbe Coppock:	3.06

MA7:	281.96
MA20:	271.42
MA50:	281.93
MA100:	278.56
MAexp7:	288.03
MAexp20:	286.10
MAexp50:	280.72
MAexp100:	276.86
Price / MA7:	+2.84%
Price / MA20:	+6.83%
Price / MA50:	+2.85%
Price / MA100:	+4.09%
Price / MAexp7:	+0.67%
Price / MAexp20:	+1.35%
Price / MAexp50:	+3.29%
Price / MAexp100:	+4.73%

Quotes : - 15 min delayed data - Actions NYSE

News

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