NYSE:AAMI - New York Stock Exchange, Inc. - US10948W1036 - Common Stock - Currency: USD
Taking everything into account, AAMI scores 7 out of 10 in our technical rating. 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.
AAMI has an excellent technical rating, but the quality of the setup is only medium 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.
34.77
We found 3 important support areas.
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) | 63.91 | NEUTRAL | The RSI value for AAMI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests AAMI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 53.4 | NEUTRAL | The Stochastics value for AAMI is a neutral value. |
Average True Range in percent/ATR (20) | 2.66 | MEDIUM VOLATILITY | The ATR as a percentage value for AAMI suggests some volalility. |
Average Directional Index/ADX (14) | 51.44 | POSITIVE | The high ADX value value for AAMI suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
42.64 | 39.56 | 3.08 (7.22%) | 13.84% |
An entry @42.64. This is a Buy Stop order right above the 10 day high. | An exit @39.56. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.08 points, which is 7.22%. | When investing 13.84% of your capital in this trade, your total portfolio risk will be 1.00%. |
40.62
+1.04 (+2.63%)