ATCH Stock Summary and Trading Ideas (Atlasclear Holdings | AMEX:ATCH)

AtlasClear Holdings Inc is a fintech company. Its goal is to build a cutting-edge technology-enabled financial services firm that would create a more efficient platform for trading, clearing, settlement, and banking of evolving and innovative financial products with a focus on financial services firms. It is a fintech-driven business-to-business platform that expects to power innovation in fintech, investing, and trading. The company believes it is positioned to provide a modern, mission-critical suite of solutions to its clients, enabling them to reduce their transaction costs and compete more effectively in their businesses.

Atlasclear Holdings trades on the AMEX stock market under the symbol ATCH.

As of September 13, 2024, ATCH stock price was flat at $0.16 with 269,522 million shares trading.

ATCH has a beta of 0.77, meaning it tends to be less sensitive to market movements. ATCH has a correlation of 0.01 to the broad based SPY ETF.

ATCH has a market cap of $2.03 million. This is considered a Sub-Micro Cap stock.

ATCH support price is $.14 and resistance is $.18 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ATCH stock will trade within this expected range on the day.