AMERIS BANCORP (ABCB)
US03076K1088 - Common Stock
Taking everything into account, ABCB scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, ABCB 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.
When comparing the yearly performance of all stocks, we notice that ABCB is one of the better performing stocks in the market, outperforming 93% of all stocks. We also observe that the gains produced by ABCB over the past year are nicely spread over this period.
ABCB is part of the Banks industry. There are 402 other stocks in this industry. ABCB outperforms 91% of them.
ABCB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ABCB is lagging the market slightly.
In the last month ABCB has a been trading in the 57.01 - 62.84 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
ABCB 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 resistance zone just above the current price starting at 61.71. Right above this resistance zone may be a good entry point. 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
47.01
62.52
4 important support areas can be observed.
- Support @55.12 from a horizontal line in the daily time frame.
- A support zone ranging from 50.26 to 51.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 48.82 to 49.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @47.48 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 61.71 to 61.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.14
Mansfield1.17
10 Day High61.79
10 Day Low57.54
20 Day High62.84
20 Day Low57.01
52 Week High64.88
52 Week Low34.26
Performance
1 Week2.87%
2 Weeks0.66%
1 Month6.9%
3 Month30.43%
6 Month33.87%
12 Month54.94%
2 Year36.5%
3 Year17.64%
5 Year51.67%
10 Year178.04%
15 Year753.57%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.21
RSI(14)59.26
LBB58.63
UBB62.18
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 |
|---|---|---|---|
| 61.91 | 57.53 | 4.38 (7.07%) | 14.13% |
| An entry @61.91. This is a Buy Stop order right above the resistance zone. | An exit @57.53. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 4.38 points, which is 7.07%. | When investing 14.13% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
AMERIS BANCORP
NYSE:ABCB (9/13/2024, 8:04:00 PM)
After market: 61.03 0 (0%)61.03
+1.76 (+2.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.97%
1 Week2.87%
2 Weeks0.66%
1 Month6.9%
3 Month30.43%
6 Month33.87%
12 Month54.94%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.43
ATR(20)%2.44%
ATR Inc
Range Today1.14
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High61.79
10 Day Low57.54
20 Day High62.84
20 Day Low57.01
52 Week High64.88
52 Week Low34.26
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume606.90K
Volume Incr54.2%
Vol(5)416.04K
Vol(50)367.45K