ACADIAN ASSET MANAGEMENT INC (AAMI) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:AAMI • US10948W1036
Overall AAMI gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AAMI is showing a nice and steady performance.
- 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. 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 237 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.
- AAMI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
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. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
42.18
We found 3 important support areas.
- A support zone ranging from 49.46 to 50.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 46.99 to 47.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 55.20 to 55.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 94.43 | POSITIVE | AAMI has a high relative strength, it outperformed 94.43% 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) | 69.96 | NEUTRAL | The RSI value for AAMI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests AAMI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.74 | OVERBOUGHT | The high Stochastics value suggests AAMI may be overbought. |
| Average True Range in percent/ATR (20) | 3.26 | MEDIUM VOLATILITY | The ATR as a percentage value for AAMI suggests some volalility. |
| Average Directional Index/ADX (14) | 20.38 | NEUTRAL | The ADX value for AAMI suggests a possible start of a new trend. |
55.13
-0.16 (-0.29%)
ACADIAN ASSET MANAGEMENT INC / AAMI 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 AAMI stock?
ACADIAN ASSET MANAGEMENT INC (AAMI) has an RSI value of 69.9632. 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 0.0678282, 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 50.36 and a resistance level at 55.2. Check the full technical report for our detailed analysis of AAMI support and resistance levels.