ATLANTIC AMERICAN CORP (AAME) Stock Technical Analysis
NASDAQ:AAME - US0482091008 - Common Stock
3.37 USD
+0.02 (+0.6%)
Taking everything into account, AAME scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AAME is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
AAME is one of the better performing stocks in the Insurance industry, it outperforms 98% of 146 stocks in the same industry.
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 2.19 - 3.71 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, AAME did better than 96% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Although AAME has an excellent technical rating, the quality of the presented setup is not ideal 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.
More info and screens
2.18
3.58
2 important support areas can be observed.
- A support zone ranging from 2.50 to 2.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.20 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @3.54 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 | UP | POSITIVE | The short term trend for AAME is up. |
| ChartMill Relative Strength | 96.79 | POSITIVE | AAME has a high relative strength, it outperformed 96.79% 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) | 67.92 | NEUTRAL | The RSI value for AAME is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests AAME has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.77 | NEUTRAL | The Stochastics value for AAME is a neutral value. |
| Average True Range in percent/ATR (20) | 8.27 | HIGH VOLATILITY | The high ATR as a percentage value for AAME suggests high volalility. |
| Average Directional Index/ADX (14) | 60.82 | POSITIVE | The high ADX value value for AAME suggests a strong 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 (8/29/2025, 8:05:00 PM)
3.37
+0.02 (+0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.6%
1 Week2.74%
2 Weeks9.44%
1 Month50.06%
3 Month99.41%
6 Month118.83%
12 Month110.63%
2 Year65.7%
3 Year12.71%
5 Year68.5%
10 Year-6.39%
15 Year167.46%
Volatility
ATR(14)0.33
ATR(20)%8.27%
ATR Inc-46.42%
Range Today0.17
ADR(20)0.26
ADR(20)%7.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.79
Mansfield7.5
10 Day High3.71
10 Day Low2.94
20 Day High3.71
20 Day Low2.19
52 Week High3.71
52 Week Low1.25
CS1 End2.51
CR1 Start3.54
Volume & EV
DER(3)-2.37%
DER(5)-4.4%
Volume23.60K
Volume Incr1.98%
Vol(5)44.88K
Vol(50)34.24K