AA MISSION ACQUISITION -30 (AAM.W) Technical Analysis
NYSE:AAM.W
Overall AAM.W gets a technical rating of 3 out of 10. Although AAM.W is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- AAM.W is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AAM.W is lagging the market.
- When comparing the yearly performance of all stocks, we notice that AAM.W is one of the better performing stocks in the market, outperforming 89% of all stocks. However, we also see that AAM.W couldn't keep up this performance in the last couple of months.
- In the last month AAM.W has a been trading in the 0.09 - 0.23 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of AAM.W is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.11
We found 1 important support area.
- Support @0.11 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @0.15 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for AAM.W is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AAM.W is down. |
| ChartMill Relative Strength | 89.81 | POSITIVE | AAM.W has a high relative strength, it outperformed 89.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AAM.W is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AAM.W is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of AAM.W is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.14 | NEUTRAL | The RSI value for AAM.W is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests AAM.W has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.13 | NEUTRAL | The Stochastics value for AAM.W is a neutral value. |
| Average True Range in percent/ATR (20) | 21.36 | HIGH VOLATILITY | The high ATR as a percentage value for AAM.W suggests high volalility. |
| Average Directional Index/ADX (14) | 36.94 | POSITIVE | The high ADX value value for AAM.W suggests a strong trend. |
AAM.W Technicals: Chart, Performance Metrics, Trend & Indicators
0.127
-0.01 (-8.57%)
AA MISSION ACQUISITION -30 / AAM.W FAQ
What is the technical rating for AAM.W stock?
ChartMill assigns a technical rating of 3 / 10 to AAM.W.
What is the trend direction for AAM.W stock?
The current trend direction for AA MISSION ACQUISITION -30 (AAM.W) is Bearish.
Can you provide the RSI signal for AA MISSION ACQUISITION -30?
AA MISSION ACQUISITION -30 (AAM.W) has an RSI value of 38.1419. This indicates that the stock is currently neutral.
What is the MACD signal for AA MISSION ACQUISITION -30 (AAM.W) stock?
The MACD indicator for AA MISSION ACQUISITION -30 (AAM.W) has a value of -0.00200435, indicating a bearish trend.
What is the buy/sell signal for AAM.W stock?
The buy/sell signal for AA MISSION ACQUISITION -30 (AAM.W) is sell as both the short term and long term trends are negative.