All-Time Low (ATL) is a term that refers to the lowest price point reached by an asset since being listed. ATL level is often used as a reference to show the asset’s future potential. Even though it is frequently used as a reference, there is no guarantee that an asset won’t ever again reach the ATL level again.
ATL also often represents a psychological barrier for an investor when buying or selling an asset. When an asset’s price approaches an ATL level, there is a chance that the level will act as support, and the price will soon increase. However, every time the price approaches an ATL, there is a chance that it will break through and descend to a new ATL.
In addition to using ATL as a reference, investors should use another indicator as a reference in making investment decisions.
All-Time High (ATH) is a term that refers to the highest price point that an asset has reached since being listed.
A false signal, referring to a declining trend in a stock, index, or other security that reverses after a convincing ...