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ALTISOURCE ASSET MANAGEMENT (AAMC) Stock Technical Analysis

NYSEARCA:AAMC - NYSE Arca - VI02153X1080 - Common Stock - Currency: USD

1.25  -0.06 (-4.59%)

After market: 1.28 +0.03 (+2.4%)

Technical Rating and Analysis

0

Taking everything into account, AAMC scores 0 out of 10 in our technical rating. AAMC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
97% of all other stocks performed better in the past year than AAMC.
AAMC is part of the Real Estate Management & Development industry. There are 65 other stocks in this industry, of which 84% are performing better than AAMC.
AAMC is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month AAMC has a been trading in the 1.05 - 2.65 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ALTISOURCE ASSET MANAGEMENT / AAMC Weekly stock chart
ALTISOURCE ASSET MANAGEMENT / AAMC Daily stock chart
Setup Rating and Analysis

3

The technical rating of AAMC 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.

Support and Resistance Analysis

1.24

1.44

We found 1 important resistance area.

  • A resistance zone ranging from 1.41 to 1.43. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for AAMC is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for AAMC is down.
ChartMill Relative Strength3.83NEGATIVEAAMC has a low relative strength, it was outperformed by 96.17% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of AAMC is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of AAMC is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of AAMC is below a declining SMA(200).
Relative Strength Index/RSI (14)36.02NEUTRALThe RSI value for AAMC is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests AAMC has a negative trend.
Stochastics (14,3)23.76NEUTRALThe Stochastics value for AAMC is a neutral value.
Average True Range in percent/ATR (20)19.22HIGH VOLATILITYThe high ATR as a percentage value for AAMC suggests high volalility.
Average Directional Index/ADX (14)18.86NEGATIVEThe low ADX value for AAMC suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
ALTISOURCE ASSET MANAGEMENT / AAMC Daily stock chart

ALTISOURCE ASSET MANAGEMENT

NYSEARCA:AAMC (9/16/2024, 8:04:00 PM)

After market: 1.28 +0.03 (+2.4%)

1.25

-0.06 (-4.59%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg-4.59%
1 Week-16.11%
2 Weeks0%
1 Month-45.89%
3 Month-37.5%
6 Month-61.18%
12 Month-69.2%
2 Year-86.52%
3 Year-88.96%
5 Year-81.52%
10 Year-99.71%
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%19.22%
ATR Inc-38.65%
Range Today0.13
ADR(20)0.19
ADR(20)%15.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.83
Mansfield-6.7
10 Day High1.99
10 Day Low1.05
20 Day High2.65
20 Day Low1.05
52 Week High7.28
52 Week Low1.05
CS1 EndN/A
CR1 Start1.41
Volume & EV
DER(3)-5.53%
DER(5)-3.62%
Volume20.10K
Volume Incr-75.23%
Vol(5)32.50K
Vol(50)64.30K