Technical Breakout Setups. Analyze the stocks with the best technicals forming a breakout setup pattern at the moment.


AMKOR TECHNOLOGY INC

Nasdaq / Information Technology / Semiconductors & Semiconductor Equipment

Technical Rating and Analysis

10

Taking everything into account, AMKR scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, AMKR has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that AMKR is one of the better performing stocks in the market, outperforming 79% of all stocks. On top of that, AMKR also shows a nice and consistent pattern of rising prices.
AMKR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AMKR is lagging the market slightly.
AMKR is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
AMKR is part of the Semiconductors & Semiconductor Equipment industry. There are 107 other stocks in this industry, AMKR did better than 66% of them.
Weekly and Daily overview Charts
AMKR Weekly chart
AMKR Daily chart
Setup Rating and Analysis

9

AMKR has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 33.40, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AMKR in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

20.98

34.09

When analyzing the support we can see 6 important areas.

  • A support zone ranging from 32.67 to 33.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 30.28 to 30.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 28.50 to 28.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @28.05 from a horizontal line in the daily time frame.
  • Support @22.83 from a trend line in the weekly time frame.
  • Support @21.19 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • Resistance @33.75 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.2
Mansfield0.38
10 Day High34.1
10 Day Low32.3
20 Day High35.95
20 Day Low30.04
52 Week High37
52 Week Low17.58
Performance
1 Week1%
2 Weeks2.36%
1 Month6.32%
3 Month1.18%
6 Month17.57%
12 Month28.64%
2 Year63.7%
3 Year58.58%
5 Year416.36%
10 Year230.96%
15 Year638.63%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)57.68
LBB32.23
UBB33.69
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
33.7632.661.10 (3.26%)25.00%
An entry @33.76. This is a Buy Stop order right above the resistance zone.An exit @32.66. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 1.10 points, which is 3.26%.For a 0.81% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of AMKR. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.