ACADIAN ASSET MANAGEMENT INC (AAMI) Technical Analysis
NYSE:AAMI • US10948W1036
Current stock price
AAMI Technical Rating and Analysis
Taking everything into account, AAMI scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, AAMI has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, AAMI did better than 94% of all other stocks. On top of that, AAMI also shows a nice and consistent pattern of rising prices.
- AAMI is one of the better performing stocks in the Capital Markets industry, it outperforms 96% of 239 stocks in the same industry.
- AAMI is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month AAMI has a been trading in the 51.85 - 69.87 range, which is quite wide. It is currently trading near the high of this range.
AAMI Weekly and Daily overview Charts
AAMI Setup Rating and Analysis
Besides having an excellent technical rating, AAMI also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. Another positive sign is the recent Pocket Pivot signal.
- 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.
More info and screens
AAMI Support and Resistance Analysis
42.18
6 important support areas can be observed.
- A support zone ranging from 65.78 to 66.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @54.35 from a trend line in the weekly time frame.
- Support @52.94 from a trend line in the daily time frame.
- Support @51.25 from a trend line in the daily time frame.
- Support @49.00 from a horizontal line in the daily time frame.
- Support @42.61 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 68.19 to 68.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
AAMI Technical Indicator Signal Analysis
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 | 94.82 | POSITIVE | AAMI has a high relative strength, it outperformed 94.82% 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). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AAMI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.72 | OVERBOUGHT | The high RSI value suggests AAMI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests AAMI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.07 | OVERBOUGHT | The high Stochastics value suggests AAMI may be overbought. |
| Average True Range in percent/ATR (20) | 3.46 | MEDIUM VOLATILITY | The ATR as a percentage value for AAMI suggests some volalility. |
| Average Directional Index/ADX (14) | 36.91 | POSITIVE | The high ADX value value for AAMI suggests a strong trend. |
AAMI Chart- and CandleStick Pattern Analysis
AAMI Example Setup
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 |
|---|---|---|---|
| 68.20 | 65.77 | 2.43 (3.56%) | 25.00% |
| An entry @68.20. This is a Buy Stop order right above the resistance zone. | An exit @65.77. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.43 points, which is 3.56%. | For a 0.89% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of AAMI. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AAMI Technicals: Chart, Performance Metrics, Trend & Indicators
68.18
+0.4 (+0.59%)
ACADIAN ASSET MANAGEMENT INC / AAMI TA FAQ
What is the technical rating for AAMI stock?
ChartMill assigns a technical rating of 10 / 10 to AAMI.
What is the current trend direction of ACADIAN ASSET MANAGEMENT INC (AAMI) stock?
The current trend direction for ACADIAN ASSET MANAGEMENT INC (AAMI) is Bullish.
What is the RSI signal for ACADIAN ASSET MANAGEMENT INC (AAMI) stock?
ACADIAN ASSET MANAGEMENT INC (AAMI) has an RSI value of 75.7212. This indicates that the stock is currently overbought.
What is the short term momentum for AAMI stock?
The short term momentum for ACADIAN ASSET MANAGEMENT INC (AAMI) is positive.
Can you provide the support and resistance levels for ACADIAN ASSET MANAGEMENT INC?
ACADIAN ASSET MANAGEMENT INC (AAMI) has a support level at 66.78 and a resistance level at 68.19. Check the full technical report for our detailed analysis of AAMI support and resistance levels.