NYSE:AAMI - New York Stock Exchange, Inc. - US10948W1036 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to AAMI. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, AAMI is a bad performer.
Although AAMI has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
32.17
When analyzing the support we notice one important area.
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 AAMI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AAMI is up. |
ChartMill Relative Strength | 0 | NEGATIVE | AAMI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AAMI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AAMI is above the rising SMA(50). |
Relative Strength Index/RSI (14) | 86.61 | OVERBOUGHT | The high RSI value suggests AAMI may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.4 | POSITIVE | The MACD value suggests AAMI has a positive trend. |
Stochastics (14,3) | 94.01 | OVERBOUGHT | The high Stochastics value suggests AAMI may be overbought. |
Average True Range in percent/ATR (20) | 2.18 | MEDIUM VOLATILITY | The ATR as a percentage value for AAMI suggests some volalility. |
Average Directional Index/ADX (14) | 46.51 | POSITIVE | The high ADX value value for AAMI suggests a strong trend. |
36.75
+1.05 (+2.94%)