NASDAQ:AFAM - Nasdaq - US0204091088
We assign a technical rating of 2 out of 10 to AFAM. AFAM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
AFAM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 55.89, a Stop Loss order could be placed below this zone.
49.60
When analyzing the support we can see 3 important areas.
When analyzing the resistance we notice 2 important 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 | NEUTRAL | NEUTRAL | The long term trend for AFAM is neutral. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AFAM is down. |
ChartMill Relative Strength | 67.48 | NEUTRAL | AFAM is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of AFAM is below the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AFAM is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of AFAM is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 44 | NEUTRAL | The RSI value for AFAM is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests AFAM has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 15.32 | OVERSOLD | The low Stochastics value suggests AFAM may be oversold. |
Average True Range in percent/ATR (20) | 2.82 | MEDIUM VOLATILITY | The ATR as a percentage value for AFAM suggests some volalility. |
56
+1.05 (+1.91%)