Altra Industrial Motion Corporation (AIMC) Stock Technical Analysis
USA - NASDAQ:AIMC - US02208R1068 - Common Stock
61.98 USD
-0.01 (-0.02%)
62 USD
+0.02 (+0.03%)
Taking everything into account, AIMC scores 7 out of 10 in our technical rating. Both in the recent history as in the last year, AIMC has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
AIMC is one of the better performing stocks in the Machinery industry, it outperforms 94% of 129 stocks in the same industry.
AIMC is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
AIMC has an average volume of 1357460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that AIMC is one of the better performing stocks in the market, outperforming 94% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month AIMC has a been trading in a tight range between 60.80 and 62.01.
Volume is considerably higher in the last couple of days.
AIMC has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
33.75
62.62
When analyzing the support we can see 2 important areas.
- A support zone ranging from 60.27 to 61.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @34.09 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 61.99 to 62.00. 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 AIMC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AIMC is neutral. |
| ChartMill Relative Strength | 94.84 | POSITIVE | AIMC has a high relative strength, it outperformed 94.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AIMC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AIMC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AIMC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.38 | NEUTRAL | The RSI value for AIMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests AIMC has a positive trend. |
| Stochastics (14,3) | 68.9 | NEUTRAL | The Stochastics value for AIMC is a neutral value. |
| Average True Range in percent/ATR (20) | 0.42 | LOW VOLATILITY | The low ATR as a percentage value for AIMC suggests low volalility. |
| Average Directional Index/ADX (14) | 40.98 | POSITIVE | The high ADX value value for AIMC suggests a strong trend. |
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)
Altra Industrial Motion Corporation
NASDAQ:AIMC (3/24/2023, 8:14:51 PM)
After market: 62 +0.02 (+0.03%)61.98
-0.01 (-0.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.02%
1 Week1.47%
2 Weeks0.62%
1 Month0.73%
3 Month3.98%
6 Month83.92%
12 Month57.03%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%0.42%
ATR Inc127.68%
Range Today0.03
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.84
Mansfield3.2
10 Day High62.01
10 Day Low60.8
20 Day High62.01
20 Day Low60.8
52 Week High62.01
52 Week Low32.18
CS1 End61.51
CR1 Start61.99
Volume & EV
DER(3)2.46%
DER(5)1.87%
Volume1.84M
Volume Incr36.02%
Vol(5)2.28M
Vol(50)1.36M