SI
SI
discoversearch

Technology Stocks
Atmel - the trend is about to change
An SI Board Since January 1996
Posts SubjectMarks Bans Symbol
13565 166 0 ATML
Emcee:  Ravi R Type:  Unmoderated
I trade stocks utilizing two principles. One is Japanese candles and the other is the Disparity Index (DI).

The DI is basically another indicator of momentum. When a stock is on the decline, the momentum is either constant on the downward path or accelerates (more people begin to panic as they notice the stock price is going lower and lower). The DI is a valuable tool because as the stock makes new lows, the DI index must also make new lows or the momentum begins to change.

On 12-18-95, Atmel made a new low at $20.25 and the DI was -21.
On 01-10-96, Atmel made a new low at $19.38 but the DI was -13.

This signifies that the momentum of the previous trend is diminishing. Albeit, in any panic driven market, the price can fall rapidly at any time but there is no question that the momentum is diminishing for now.

My studies indicates that when there is a divergence in the DI, we usually see an upward bias. At any value below $19.88, ATML becomes oversold relative to the DI and becomes a short term buy. If the market opens lower and the stock sells off too much too fast, then BUY!!!

The prospects of ATML seem promising. Some firms on Wall Street like them, the company is buying back shares, and they seem to have good management. But Wall Street is not efficient, so trading becomes necessary especially in today’s environment!!!!

Ravi R.
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
ReplyMessage PreviewFromRecsPosted
13565Dialog Semiconductor to buy U.S. peer Atmel for $4.6 billion By Christoph SteiGlenn Petersen-9/20/2015
13564Does anyone know if Sharp's IGZO display technology is a competitor with Atmjoe828-10/24/2012
13563Zacks Report on ATML zacks.comJakeStraw-9/28/2010
13562A reiterate from FBR with target increased by 10% ... Atmel ATML FBR Capital OuIan@SI-10/2/2009
13561Atmel touts the AVR32's compact code size. I see how that is done. The AVRmlc178-3/15/2009
13560I was just looking over their AVR microcontroller products. They are made at 80mlc178-3/13/2009
13559$2.50 low, decent move up since...Norrin Radd-12/27/2008
13558At some point the SOXX reawakens but ATML has actually suffered less than many.Norrin Radd-9/13/2008
13557Just bought Quantum Capacitive Touch company. Any thing left in this company? NSleeperz-3/11/2008
13556Q2 2007 Atmel Corporation Earnings Conference Call August 1, 2007, 5:00 PM ET cbrushwud-7/12/2007
13555UPDATE: <b>Third Point Amasses Atmel Stake </b> SAN FRANCISCO (DoIan@SI-7/12/2007
13554I like ATML in this range although I don't own it again yet. I wonder of thNorrin Radd-6/12/2007
13553Atmel Files Fiscal 2006 Financial Statements SAN JOSE, Calif., June 8 /PRNewswibrushwud-6/11/2007
13552Here a link to the header of "Picks" starting today: Subject 56177 TTaro-4/2/2007
13551A new round in the stock picking game starts Monday. Get your portfolio picks inTaro-4/1/2007
1355016:33 ATML Atmel: Goldman Sachs discloses a 10.1% stake in SC 13G filing (6.30 sixty2nds-1/10/2007
1354916:01 ATML Atmel says actual measurement dates for certain stock options differsixty2nds-10/30/2006
13548>>One of those sites is an idle, 650,000 square foot factory in the DallasJakeStraw-10/11/2006
13547UPDATE: FMR Boosts Stake In Atmel; Ex-CEO Said Mulling Bid djones SAN FRAIan@SI-10/11/2006
13546Oh my Gawd, who would have ever thought?? jdnJDN-8/7/2006
13545With the Perlagos ousted, ATML will double in no time.tech101-8/7/2006
1354411:23 ATML Atmel: New managers could accelerate restructuring actions - Wedbushsixty2nds-8/7/2006
1354309:02 ATML Atmel: George Perlegos, Gust Perlegos and two additional officers tesixty2nds-8/7/2006
1354209:01 ATML Atmel Postpones Second Quarter Earnings Release (4.82 ) Co annousixty2nds-7/25/2006
13541< My guess is they were looking out for their own fat salaries and the grantiDave O.-7/17/2006
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
Copyright © 1995-2018 Knight Sac Media. All rights reserved.Stock quotes are delayed at least 15 minutes - See Terms of Use.