ATLANTIC AMERICAN CORP (AAME) Stock Technical Analysis
NASDAQ:AAME - Nasdaq - US0482091008 - Common Stock - Currency: USD
Overall AAME gets a technical rating of 6 out of 10. In the last year, AAME was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Warning: AAME has an average volume of 13294 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 positive. This is looking good!
In the last month AAME has a been trading in the 1.60 - 1.92 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Looking at the yearly performance, AAME did better than 72% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
AAME is an average performer in the Insurance industry, it outperforms 63% of 142 stocks in the same industry.
AAME is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AAME is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, AAME does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.72. Right above this resistance zone may be a good entry point.
More info and screens
1.63
1.85
When analyzing the support we notice one important area.
- Support @1.65 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.72 to 1.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.78 from a horizontal line in the daily time frame.
- A resistance zone ranging from 1.82 to 1.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for AAME is up. |
| ChartMill Relative Strength | 72.66 | POSITIVE | AAME has a high relative strength, it outperformed 72.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AAME is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AAME is above 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) | 55.28 | 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) | 67.09 | NEUTRAL | The Stochastics value for AAME is a neutral value. |
| Average True Range in percent/ATR (20) | 4.91 | MEDIUM VOLATILITY | The ATR as a percentage value for AAME suggests some volalility. |
| Average Directional Index/ADX (14) | 9.33 | NEGATIVE | The low ADX value for AAME suggests a weak or negative trend. |
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)
NASDAQ:AAME (6/6/2025, 8:00:00 PM)
1.72
-0.01 (-0.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.58%
1 Week1.78%
2 Weeks1.18%
1 Month-4.44%
3 Month21.99%
6 Month11.18%
12 Month-3.37%
2 Year-10.88%
3 Year-35.58%
5 Year3.93%
10 Year-52.49%
15 Year27.41%
Volatility
ATR(14)0.06
ATR(20)%4.91%
ATR Inc31.82%
Range Today0.06
ADR(20)0.08
ADR(20)%4.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.66
Mansfield0.33
10 Day High1.76
10 Day Low1.64
20 Day High1.92
20 Day Low1.6
52 Week High1.99
52 Week Low1.25
CS1 End1.65
CR1 Start1.72
Volume & EV
DER(3)-25.56%
DER(5)-14.25%
Volume2.10K
Volume Incr-60.97%
Vol(5)4.26K
Vol(50)13.29K