AMERIS BANCORP (ABCB)

US03076K1088 - Common Stock

48.7  +1.19 (+2.5%)

Technical Rating and Analysis

6

Overall ABCB gets a technical rating of 6 out of 10. ABCB has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
ABCB is part of the Banks industry. There are 411 other stocks in this industry. ABCB outperforms 85% of them.
ABCB 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 ABCB is performing more or less in line with the market.
In the last month ABCB has a been trading in the 44.23 - 48.70 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, ABCB did better than 80% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
ABCB Weekly chart
ABCB Daily chart
Setup Rating and Analysis

3

ABCB has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

42.98

54.29

We found 3 important support areas.

  • A support zone ranging from 46.06 to 47.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 44.43 to 45.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @43.41 from a trend line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • Resistance @48.82 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 53.06 to 53.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.66
Mansfield0.32
10 Day High48.44
10 Day Low44.23
20 Day High48.7
20 Day Low44.23
52 Week High53.99
52 Week Low28.33
Performance
1 Week6.07%
2 Weeks4.74%
1 Month-1.31%
3 Month-9.92%
6 Month32.19%
12 Month41.82%
2 Year13.93%
3 Year-12.16%
5 Year30.31%
10 Year123.37%
15 Year625.34%
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)0.28
RSI(14)55.82
LBB43.51
UBB48.86
ABCB Daily chart

AMERIS BANCORP

NASDAQ:ABCB (4/26/2024, 1:43:10 PM)

48.7

+1.19 (+2.5%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.5%
1 Week6.07%
2 Weeks4.74%
1 Month-1.31%
3 Month-9.92%
6 Month32.19%
12 Month41.82%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.19
ATR(20)%2.41%
ATR Inc
Range Today1.17
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 High48.44
10 Day Low44.23
20 Day High48.7
20 Day Low44.23
52 Week High53.99
52 Week Low28.33
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume159.14K
Volume Incr-15.47%
Vol(5)263.14K
Vol(50)358.51K