ANTERO MIDSTREAM CORP (AM) Technical Analysis
NYSE:AM • US03676B1026
Current stock price
22.75 USD
+0.2 (+0.89%)
At close:
22.75 USD
0 (0%)
After Hours:
AM Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to AM. In the last year, AM was one of the better performers, but we do observe some doubts in the very recent evolution.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the yearly performance of all stocks, we notice that AM is one of the better performing stocks in the market, outperforming 83% of all stocks.
- 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.
- In the last month AM has a been trading in the 22.23 - 23.84 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- AM has an average volume of 2990050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- AM is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 50% of 209 stocks in the same industry.
AM Weekly and Daily overview Charts
AM Setup Rating and Analysis
Besides having an excellent technical rating, AM also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 22.54, a Stop Loss order could be placed below this zone.
More info and screens
AM Support and Resistance Analysis
16.90
23.84
When analyzing the support we can see 5 important areas.
- A support zone ranging from 22.54 to 22.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.68 from a horizontal line in the daily time frame.
- Support @17.89 from a trend line in the weekly time frame.
- Support @17.42 from a horizontal line in the daily time frame.
- Support @17.07 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 22.98 to 23.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @23.60 from a horizontal line in the daily time frame.
AM 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for AM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AM is neutral. |
| ChartMill Relative Strength | 83.51 | POSITIVE | AM has a high relative strength, it outperformed 83.51% 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) | 50.33 | NEUTRAL | The RSI value for AM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests AM has a negative trend. |
| Stochastics (14,3) | 32.02 | NEUTRAL | The Stochastics value for AM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.3 | MEDIUM VOLATILITY | The ATR as a percentage value for AM suggests some volalility. |
| Average Directional Index/ADX (14) | 47.68 | POSITIVE | The high ADX value value for AM suggests a strong trend. |
AM 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)
AM Example Setup
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 |
|---|---|---|---|
| 22.60 | 22.53 | 0.07 (0.31%) | 25.00% |
| An entry @22.60. This is a Buy Stop order right above the resistance zone. | An exit @22.53. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.07 points, which is 0.31%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.08%. |
- 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.
AM Technicals: Chart, Performance Metrics, Trend & Indicators
22.75
+0.2 (+0.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.89%
1 Week-4.45%
2 Weeks-0.84%
1 Month-0.97%
3 Month25.7%
6 Month18.12%
12 Month38.09%
2 Year62.93%
3 Year109.57%
5 Year161%
10 Year-11.71%
15 YearN/A
Volatility
ATR(14)0.54
ATR(20)%2.3%
ATR Inc15.59%
Range Today0.45
ADR(20)0.51
ADR(20)%2.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.51
3 months CRS93.09
6 months CRS86.65
Mansfield1.76
10 Day High23.84
10 Day Low22.23
20 Day High23.84
20 Day Low22.23
52 Week High23.84
52 Week Low15.08
CS1 End22.54
CR1 Start22.59
Volume & EV
DER(3)-1.67%
DER(5)-0.99%
Volume1.53M
Volume Incr7.51%
Vol(5)3.00M
Vol(50)2.99M
ANTERO MIDSTREAM CORP / AM TA FAQ
What is the ChartMill technical rating of ANTERO MIDSTREAM CORP (AM) stock?
ChartMill assigns a technical rating of 8 / 10 to AM.
Can you provide the trend direction for ANTERO MIDSTREAM CORP?
The current trend direction for ANTERO MIDSTREAM CORP (AM) is Bullish.
Can you provide the RSI signal for ANTERO MIDSTREAM CORP?
ANTERO MIDSTREAM CORP (AM) has an RSI value of 50.3281. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ANTERO MIDSTREAM CORP?
The MACD indicator for ANTERO MIDSTREAM CORP (AM) has a value of -0.162537, indicating a bearish trend.