ANTERO MIDSTREAM CORP (AM) Stock Technical Analysis
NYSE:AM - New York Stock Exchange, Inc. - US03676B1026 - Common Stock - Currency: USD
Overall AM gets a technical rating of 6 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month AM has a been trading in the 17.96 - 19.09 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that AM is one of the better performing stocks in the market, outperforming 80% of all stocks.
AM is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 73% of 213 stocks in the same industry.
AM 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 AM is performing more or less in line with the market.
AM has an average volume of 2689010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
AM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
14.04
19.18
We found 4 important support areas.
- Support @16.91 from a trend line in the daily time frame.
- Support @16.58 from a trend line in the weekly time frame.
- A support zone ranging from 15.64 to 16.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.18 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 18.96 to 18.99. 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 AM is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AM is down. |
| ChartMill Relative Strength | 80.23 | POSITIVE | AM has a high relative strength, it outperformed 80.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.05 | NEUTRAL | The RSI value for AM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests AM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.16 | OVERSOLD | The low Stochastics value suggests AM may be oversold. |
| Average True Range in percent/ATR (20) | 1.79 | LOW VOLATILITY | The low ATR as a percentage value for AM suggests low volalility. |
| Average Directional Index/ADX (14) | 14.58 | NEGATIVE | The low ADX value for AM suggests a weak or negative 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)
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 |
|---|---|---|---|
| 18.30 | 17.95 | 0.35 (1.93%) | 25.00% |
| An entry @18.30. This is a Buy Stop order right above the 10 day moving average. | An exit @17.95. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.35 points, which is 1.93%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.48%. |
- The distance between exit and entry is rather small compared to the average daily movement of AM. Please evaluate whether better entry and exit points can be found.
- 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.
18.13
+0.04 (+0.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.22%
1 Week-0.11%
2 Weeks-2.16%
1 Month-3.72%
3 Month1.85%
6 Month20.79%
12 Month25.47%
2 Year56.29%
3 Year100.33%
5 Year255.49%
10 Year-36.7%
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%1.79%
ATR Inc-18.35%
Range Today0.27
ADR(20)0.32
ADR(20)%1.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.23
Mansfield0.88
10 Day High18.81
10 Day Low17.96
20 Day High19.09
20 Day Low17.96
52 Week High19.09
52 Week Low13.12
CS1 End16.91
CR1 Start18.96
Volume & EV
DER(3)0.76%
DER(5)0.23%
Volume2.73M
Volume Incr11.17%
Vol(5)2.41M
Vol(50)2.69M