ATLO Stock Summary and Trading Ideas (Ames National | NASDAQ:ATLO)

Ames National Corporation is a United States-based bank holding company. Through its subsidiaries, it provides checking, savings and time deposits, cash management services, merchant credit card processing, safe deposit boxes, wire transfers, direct deposit of payroll and social security checks, and automated/video teller machine access. Its loan portfolio comprises commercial, residential & agricultural real estate loans; agricultural & business operating loans & lines of credit; equipment loans; vehicle loans; personal loans; and mortgage loans. Its operations are conducted in central, north central, and south-central Iowa.

Ames National trades on the NASDAQ stock market under the symbol ATLO.

As of April 18, 2024, ATLO stock price climbed to $19.06 with 12,570 million shares trading.

ATLO has a market cap of $171.39 million. This is considered a Micro Cap stock.

In the last 3 years, ATLO stock traded as high as $26.13 and as low as $15.01.

The top ETF exchange traded funds that ATLO belongs to (by Net Assets): VTI, IWM, VXF, IWN, VTWO.

ATLO has underperformed the market in the last year with a return of -0.5%, while the SPY ETF gained +22.3%. In the last 3 month period, ATLO fell short of the market, returning +0.1%, while SPY returned +6.1%. However, in the most recent 2 weeks ATLO has outperformed the stock market by returning -3.1%, while SPY returned -3.8%.

ATLO support price is $18.43 and resistance is $19.57 (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 ATLO stock will trade within this expected range on the day.