Atomera Inc. (NASDAQ:ATOM) shares jumped during Monday’s premarket session following news the company is extending collaboration with a major chip-design software partner to push deeper into gallium nitride (GaN) modeling for RF and power devices.

Atomera, Synopsys Expand GaN Collaboration

Atomera said it is extending its collaboration with Synopsys Inc. (NASDAQ:SNPS) to accelerate GaN modeling in high-value RF and power devices, pairing Atomera’s quantum-engineered MST films with Synopsys’ Sentaurus TCAD simulation tools.

Under the expanded work, Atomera plans to build a GaN calibration methodology for TCAD workflows, create marketing materials and calibrated TCAD decks for GaN devices, and provide product feedback to Synopsys.

Atomera is a semiconductor materials and technology licensing company focused on deploying its proprietary performance-enhancing technology into the semiconductor industry. 

Technical Analysis

Atomera is pressing into the top of its 52-week range, with the April high at $9.59 sitting just overhead, which often becomes a near-term “decision point” for momentum names.

The stock is trading 91.7% above its 20-day simple moving average (SMA) and 162.3% above its 100-day SMA, a setup that points to strong short- and intermediate-term trend control by buyers.

The relative strength index (RSI), a momentum gauge, is 78.99, which flags overbought conditions and raises the odds of choppy pullbacks even if the trend stays intact. RSI at 78.99 means the stock has been running hot enough that buyers may pause to digest gains.

  • Key Resistance: $9.50 — near the recent peak area where breakouts can stall.
  • Key Support: $5.50 — near the rising short-term trend zone where dip-buyers have recently shown up.

Benzinga Edge Rankings

Below is the Benzinga Edge scorecard for Atomera, highlighting its strengths and weaknesses compared to the broader market:

  • Momentum: Bullish (Score: 98.33) — The stock is showing standout relative strength versus the broader market.

The Verdict: Atomera Incorporated’s Benzinga Edge signal reveals a momentum-driven story, with price action doing most of the talking right now. With momentum extremely elevated, the main risk is that any disappointment (or even “good but not great” news) can trigger sharper swings around key levels.

Atomera Price Action

ATOM Stock Price Activity: Atomera shares were up 11.16% at $9.56 during premarket trading on Monday, according to Benzinga Pro data.