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ATLANTIC AMERICAN CORP (AAME) Stock Technical Analysis

NASDAQ:AAME - Nasdaq - US0482091008 - Common Stock - Currency: USD

1.5216  -0.01 (-0.55%)

Technical Rating and Analysis

1

Taking everything into account, AAME scores 1 out of 10 in our technical rating. AAME's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

73% of all other stocks performed better in the past year than AAME.
AAME is part of the Insurance industry. There are 143 other stocks in this industry, of which 82% are performing better than AAME.
Warning: AAME has an average volume of 11914 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
AAME is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month AAME has a been trading in the 1.26 - 1.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
ATLANTIC AMERICAN CORP / AAME Weekly stock chart
ATLANTIC AMERICAN CORP / AAME Daily stock chart
Setup Rating and Analysis

7

Although the technical rating is bad, AAME does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for AAME 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

1.30

1.77

We found 2 important support areas.

  • A support zone ranging from 1.49 to 1.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 1.31 to 1.32. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 4 important resistance areas.

  • Resistance @1.56 from a horizontal line in the daily time frame.
  • Resistance @1.62 from a trend line in the weekly time frame.
  • A resistance zone ranging from 1.69 to 1.72. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • Strong resistance @1.75 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
CRS27.8
Mansfield-0.24
10 Day High1.6
10 Day Low1.31
20 Day High1.72
20 Day Low1.26
52 Week High1.99
52 Week Low1.25
Performance
1 Week0%
2 Weeks10.25%
1 Month-3.16%
3 Month-9.47%
6 Month-6.13%
12 Month-18.62%
2 Year-28.5%
3 Year-51.27%
5 Year-13.56%
10 Year-59.74%
15 Year5.52%
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)0.01
RSI(14)52.93
LBB1.3
UBB1.62
ATLANTIC AMERICAN CORP / AAME Daily stock chart

ATLANTIC AMERICAN CORP

NASDAQ:AAME (5/2/2025, 10:22:44 AM)

1.5216

-0.01 (-0.55%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.55%
1 Week0%
2 Weeks10.25%
1 Month-3.16%
3 Month-9.47%
6 Month-6.13%
12 Month-18.62%
2 Year-28.5%
3 Year-51.27%
5 Year-13.56%
10 Year-59.74%
15 Year5.52%
Volatility
ATR(14)0.12
ATR(20)%8.68%
ATR Inc-10.54%
Range Today0
ADR(20)0.12
ADR(20)%8.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.8
Mansfield-0.24
10 Day High1.6
10 Day Low1.31
20 Day High1.72
20 Day Low1.26
52 Week High1.99
52 Week Low1.25
CS1 End1.5
CR1 Start1.56
Volume & EV
DER(3)-19.04%
DER(5)10.75%
Volume1
Volume Incr-40.68%
Vol(5)10.98K
Vol(50)11.91K