Logo image of AENZ

AENZA SAA-SPON ADR (AENZ) Stock Technical Analysis

NYSE:AENZ - New York Stock Exchange, Inc. - US00776D2027 - ADR - Currency: USD

1.94  +0.08 (+4.3%)

After market: 1.87 -0.07 (-3.61%)

Technical Rating and Analysis

1

Taking everything into account, AENZ scores 1 out of 10 in our technical rating. AENZ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

84% of all other stocks performed better in the past year than AENZ.
AENZ is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: AENZ has an average volume of 15142 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
In the last month AENZ has a been trading in the 1.72 - 2.58 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
AENZA SAA-SPON ADR / AENZ Weekly stock chart
AENZA SAA-SPON ADR / AENZ Daily stock chart
Setup Rating and Analysis

6

Although the technical rating is bad, AENZ does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 2.05. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

1.82

2.74

When analyzing the support we can see 2 important areas.

  • Support @1.87 from a trend line in the daily time frame.
  • Support @1.84 from a horizontal line in the daily time frame.

We can see 5 important resistance areas.

  • A resistance zone ranging from 2.05 to 2.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 2.17 to 2.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @2.31 from a trend line in the weekly time frame.
  • Resistance @2.53 from a trend line in the daily time frame.
  • Resistance @2.71 from a horizontal line in the daily time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for AENZ is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for AENZ is neutral.
ChartMill Relative Strength16.22NEGATIVEAENZ has a low relative strength, it was outperformed by 83.78% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of AENZ is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of AENZ is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of AENZ is below a declining SMA(200).
Relative Strength Index/RSI (14)45.38NEUTRALThe RSI value for AENZ is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests AENZ has a negative trend.
Stochastics (14,3)31.69NEUTRALThe Stochastics value for AENZ is a neutral value.
Average True Range in percent/ATR (20)11.58HIGH VOLATILITYThe high ATR as a percentage value for AENZ suggests high volalility.
Average Directional Index/ADX (14)31.66POSITIVEThe high ADX value value for AENZ suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
AENZA SAA-SPON ADR / AENZ Daily stock chart

AENZA SAA-SPON ADR

NYSE:AENZ (12/7/2023, 8:04:00 PM)

After market: 1.87 -0.07 (-3.61%)

1.94

+0.08 (+4.3%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg4.3%
1 Week-1.02%
2 Weeks-6.73%
1 Month-14.16%
3 Month-19.22%
6 Month-3%
12 Month-23.02%
2 Year-60.08%
3 Year-72.83%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%11.58%
ATR Inc13.85%
Range Today0.24
ADR(20)0.21
ADR(20)%11.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.22
Mansfield-2.28
10 Day High2.29
10 Day Low1.72
20 Day High2.58
20 Day Low1.72
52 Week High3.6
52 Week Low1.52
CS1 End1.87
CR1 Start2.05
Volume & EV
DER(3)-9.09%
DER(5)-10.12%
Volume31.10K
Volume Incr124.99%
Vol(5)24.94K
Vol(50)15.14K