Atlantica Sustainable Infrastructure plc (AY): Price Down $-0.05 (-0.13)% Over Past Day, Up $0.27 (0.73)% Over Past Hour

The Hourly View for AY

Currently, AY (Get Ratings)’s price is up $0.27 (0.73%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved down. Regarding the trend, note that the strongest trend exists on the 100 hour timeframe. Regarding moving averages, it should first be noted that price has crossed the 20 hour moving average, resulting in them so that price is now turning above it. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.

AY ranks 48th in terms of today’s price percentage change out of Utilities stocks.

AY’s Technical Outlook on the Daily Chart

Currently, AY’s price is down $-0.05 (-0.13%) from the day prior. This is a reversal of the price action on the previous day, in which price moved up. As for the trend on the daily timeframe, we see the clearest trend on the 50 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. Atlantica Sustainable Infrastructure plc’s price action over the past 90 days can be seen via the chart below.

AY

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AY: Daily RSI Analysis

  • For AY, its RSI is now at 85.2941.
  • AY and RSI may be exhibiting divergent trends. This may be something to monitor.

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