ATLANTIC AMERICAN CORP (AAME) Stock Technical Analysis
NASDAQ:AAME • US0482091008
Overall AAME gets a technical rating of 9 out of 10. AAME has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- Warning: AAME has an average volume of 20914 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Looking at the yearly performance, AAME did better than 93% of all other stocks.
- AAME is part of the Insurance industry. There are 149 other stocks in this industry. AAME outperforms 99% of them.
- AAME 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 AAME is lagging the market slightly.
- In the last month AAME has a been trading in the 2.44 - 3.09 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although AAME has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
2.23
3 important support areas can be observed.
- A support zone ranging from 2.70 to 2.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.52 from a trend line in the daily time frame.
- Support @2.25 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 3.06 to 3.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.14 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for AAME is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AAME is up. |
| ChartMill Relative Strength | 93.36 | POSITIVE | AAME has a high relative strength, it outperformed 93.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AAME is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AAME is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AAME is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.67 | NEUTRAL | The RSI value for AAME is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests AAME has a positive trend. |
| Stochastics (14,3) | 94.65 | OVERBOUGHT | The high Stochastics value suggests AAME may be overbought. |
| Average True Range in percent/ATR (20) | 4.75 | MEDIUM VOLATILITY | The ATR as a percentage value for AAME suggests some volalility. |
| Average Directional Index/ADX (14) | 17.54 | NEGATIVE | The low ADX value for AAME suggests a weak or negative trend. |
NASDAQ:AAME (2/20/2026, 8:15:31 PM)
3.03
-0.01 (-0.33%)
ATLANTIC AMERICAN CORP / AAME FAQ
What is the technical rating for AAME stock?
ChartMill assigns a technical rating of 9 / 10 to AAME.
What is the current trend direction of ATLANTIC AMERICAN CORP (AAME) stock?
The current trend direction for ATLANTIC AMERICAN CORP (AAME) is Bearish.
Can you provide the RSI signal for ATLANTIC AMERICAN CORP?
ATLANTIC AMERICAN CORP (AAME) has an RSI value of 65.6686. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ATLANTIC AMERICAN CORP?
The short term momentum for ATLANTIC AMERICAN CORP (AAME) is positive.
What are the support and resistance levels for ATLANTIC AMERICAN CORP (AAME) stock?
ATLANTIC AMERICAN CORP (AAME) has a support level at 2.76 and a resistance level at 3.06. Check the full technical report for our detailed analysis of AAME support and resistance levels.