USA - NYSE:AAMI - US10948W1036 - Common Stock
We assign a technical rating of 4 out of 10 to AAMI. In the last year, AAMI was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
Although the technical rating is only medium, AAMI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 47.52. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 46.68, a Stop Loss order could be placed below this zone.
43.72
When analyzing the support we can see 2 important areas.
We can see 2 important resistance 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) | DOWN | MIXED | The current price of AAMI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AAMI is below a declining 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) | 52.1 | NEUTRAL | The RSI value for AAMI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests AAMI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.2 | NEUTRAL | The Stochastics value for AAMI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.09 | MEDIUM VOLATILITY | The ATR as a percentage value for AAMI suggests some volalility. |
| Average Directional Index/ADX (14) | 13.99 | NEGATIVE | The low ADX value for AAMI suggests a weak or negative trend. |
47.14
-0.03 (-0.06%)
ChartMill assigns a technical rating of 4 / 10 to AAMI.
The current trend direction for ACADIAN ASSET MANAGEMENT INC (AAMI) is Bullish.
ACADIAN ASSET MANAGEMENT INC (AAMI) has an RSI value of 52.095. This indicates that the stock is currently neutral.
The MACD indicator for ACADIAN ASSET MANAGEMENT INC (AAMI) has a value of 0.167582, indicating a bearish trend.
The short term momentum for ACADIAN ASSET MANAGEMENT INC (AAMI) is positive.