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Investing in Atmus Filtration Technologies Inc [ATMU]: What You Must Know

In a filing, Atmus Filtration Technologies Inc revealed its Director Macadam Stephen E. acquired Company’s shares for reported $0.1 million on Nov 09 ’23. In the deal valued at $19.49 per share,5,200 shares were bought. As a result of this transaction, Macadam Stephen E. now holds 19,268 shares worth roughly $0.62 million.

Northland Capital initiated its Atmus Filtration Technologies Inc [ATMU] rating to a Market perform in a research note published on January 24, 2024; the price target was $26. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who began to cover the stock in mid June with a ‘”an Overweight”‘ rating. Robert W. Baird began covering ATMU with “an Outperform” recommendation on June 20, 2023. JP Morgan started covering the stock on June 20, 2023. It rated ATMU as “an Overweight”.

Price Performance Review of ATMU

On Friday, Atmus Filtration Technologies Inc [NYSE:ATMU] saw its stock fall -1.05% to $31.97. Over the last five days, the stock has lost -3.41%. Atmus Filtration Technologies Inc shares have risen nearly 36.10% since the year began. SMA at 50 days reached $26.25, while 200 days put it at $23.22. A total of 1.32 million shares were traded, compared to the trading of 1.3 million shares in the previous session.

Levels Of Support And Resistance For ATMU Stock

The 24-hour chart illustrates a support level at 31.66, which if violated will result in even more drops to 31.35. On the upside, there is a resistance level at 32.28. A further resistance level may holdings at 32.59. The Relative Strength Index (RSI) on the 14-day chart is 67.90, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 41.39%. Stochastics %K at 69.78% indicates the stock is a holding.

The most recent change occurred on June 20, 2023 when Goldman began covering the stock and recommended ‘”a Buy”‘ rating along with a $30 price target.

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