ATLANTIC AMERICAN CORP (AAME) Stock Technical Analysis
USA - NASDAQ:AAME - US0482091008 - Common Stock
We assign a technical rating of 7 out of 10 to AAME. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Besides having an excellent technical rating, AAME also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 3.08. Right above this resistance zone may be a good entry point.
More info and screens
2.48
We found 4 important support areas.
- Support @2.77 from a horizontal line in the weekly time frame.
- Support @2.66 from a horizontal line in the daily time frame.
- Support @2.59 from a trend line in the daily time frame.
- Support @2.51 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 3.08 to 3.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.34 from a trend line in the daily time frame.
- Resistance @3.53 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 | UP | POSITIVE | The long term trend for AAME is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AAME is down. |
| ChartMill Relative Strength | 91.03 | POSITIVE | AAME has a high relative strength, it outperformed 91.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AAME is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AAME is below a declining 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) | 40.24 | NEUTRAL | The RSI value for AAME is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests AAME has a negative trend. |
| Stochastics (14,3) | 22.39 | NEUTRAL | The Stochastics value for AAME is a neutral value. |
| Average True Range in percent/ATR (20) | 5.59 | HIGH VOLATILITY | The high ATR as a percentage value for AAME suggests high volalility. |
| Average Directional Index/ADX (14) | 17.14 | NEGATIVE | The low ADX value for AAME suggests a weak or negative trend. |
NASDAQ:AAME (10/31/2025, 8:24:58 PM)
2.83
-0.04 (-1.39%)
ATLANTIC AMERICAN CORP / AAME FAQ
What is the technical rating for AAME stock?
ChartMill assigns a technical rating of 7 / 10 to AAME.
What is the trend direction for AAME stock?
The current trend direction for ATLANTIC AMERICAN CORP (AAME) is Bullish.
Can you provide the RSI signal for ATLANTIC AMERICAN CORP?
ATLANTIC AMERICAN CORP (AAME) has an RSI value of 40.2449. This indicates that the stock is currently neutral.
What is the MACD signal for AAME stock?
The MACD indicator for ATLANTIC AMERICAN CORP (AAME) has a value of -0.0127051, indicating a bearish trend.
Can you provide the support and resistance levels for ATLANTIC AMERICAN CORP?
ATLANTIC AMERICAN CORP (AAME) has a support level at 2.77 and a resistance level at 3.08. Check the full technical report for our detailed analysis of AAME support and resistance levels.