ACADIAN ASSET MANAGEMENT INC (AAMI) Technical Analysis
NYSE:AAMI • US10948W1036
Current stock price
AAMI Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to AAMI. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month AAMI has a been trading in the 49.05 - 57.02 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, AAMI did better than 93% of all other stocks. We also observe that the gains produced by AAMI over the past year are nicely spread over this period.
- AAMI is one of the better performing stocks in the Capital Markets industry, it outperforms 97% of 242 stocks in the same industry.
- AAMI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so AAMI is performing more or less in line with the market.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
AAMI Weekly and Daily overview Charts
AAMI Setup Rating and Analysis
AAMI has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 50.31, a Stop Loss order could be placed below this zone.
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AAMI Support and Resistance Analysis
42.18
4 important support areas can be observed.
- A support zone ranging from 50.28 to 50.31. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @49.00 from a horizontal line in the daily time frame.
- Support @44.41 from a trend line in the daily time frame.
- A support zone ranging from 42.61 to 43.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 52.26 to 52.90. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 55.43 to 56.44. 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 | DOWN | NEGATIVE | The short term trend for AAMI is down. |
| ChartMill Relative Strength | 93.53 | POSITIVE | AAMI has a high relative strength, it outperformed 93.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AAMI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AAMI is below 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) | 41.21 | NEUTRAL | The RSI value for AAMI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.49 | NEGATIVE | The MACD value suggests AAMI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.22 | OVERSOLD | The low Stochastics value suggests AAMI may be oversold. |
| Average True Range in percent/ATR (20) | 4.47 | MEDIUM VOLATILITY | The ATR as a percentage value for AAMI suggests some volalility. |
| Average Directional Index/ADX (14) | 20.4 | NEUTRAL | The ADX value for AAMI suggests a possible start of a new 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 |
|---|---|---|---|
| 52.91 | 50.27 | 2.64 (4.99%) | 20.04% |
| An entry @52.91. This is a Buy Stop order right above the resistance zone. | An exit @50.27. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.64 points, which is 4.99%. | When investing 20.04% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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
50.43
+0.14 (+0.28%)
ACADIAN ASSET MANAGEMENT INC / AAMI TA FAQ
What is the technical rating for AAMI stock?
ChartMill assigns a technical rating of 7 / 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 AAMI stock?
ACADIAN ASSET MANAGEMENT INC (AAMI) has an RSI value of 41.2125. This indicates that the stock is currently neutral.
What is the MACD signal for ACADIAN ASSET MANAGEMENT INC (AAMI) stock?
The MACD indicator for ACADIAN ASSET MANAGEMENT INC (AAMI) has a value of -0.488098, indicating a bearish trend.
Can you provide the support and resistance levels for ACADIAN ASSET MANAGEMENT INC?
ACADIAN ASSET MANAGEMENT INC (AAMI) has a support level at 50.31 and a resistance level at 52.26. Check the full technical report for our detailed analysis of AAMI support and resistance levels.