Cosmos Trades Near $1.74 Below Four Short-Term Averages

Cosmos (ATOM) traded near $1.74 on Oct. 19, below four short-term moving averages but above its 50- and 200-day averages, leaving the shorter- and longer-term signals divided.

The seven-day simple moving average was $1.75 and the 20-day average was $1.78. The 12-day and 26-day exponential averages were $1.77 and $1.76, respectively. ATOM remained above the 50-day average at $1.72 and the 200-day average at $1.71.

The 14-period daily relative strength index (RSI) was 48.65, near the midpoint. The moving average convergence-divergence (MACD) line and signal line both read 0.0058, while the histogram was 0.0000. The readings showed little separation between the two MACD lines.

Immediate chart levels were $1.79 resistance and $1.66 support, with a $1.71 pivot. The next listed resistance was $1.84, while the next support was $1.58.