ANTERO MIDSTREAM CORP (AM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AM - US03676B1026 - Common Stock
Overall AM gets a technical rating of 1 out of 10. AM 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.
Although the technical rating is bad, AM does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 17.88. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.66, a Stop Loss order could be placed below this zone.
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16.38
When analyzing the support we can see 2 important areas.
- A support zone ranging from 17.19 to 17.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.55 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 17.88 to 18.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 19.58 to 19.58. 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 | NEUTRAL | NEUTRAL | The long term trend for AM is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AM is down. |
| ChartMill Relative Strength | 71.93 | POSITIVE | AM has a high relative strength, it outperformed 71.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AM is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of AM is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.23 | NEUTRAL | The RSI value for AM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests AM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.8 | NEUTRAL | The Stochastics value for AM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.12 | MEDIUM VOLATILITY | The ATR as a percentage value for AM suggests some volalility. |
| Average Directional Index/ADX (14) | 15.2 | NEGATIVE | The low ADX value for AM suggests a weak or negative trend. |
17.7
+0.01 (+0.06%)
ANTERO MIDSTREAM CORP / AM FAQ
What is the ChartMill technical rating of ANTERO MIDSTREAM CORP (AM) stock?
ChartMill assigns a technical rating of 1 / 10 to AM.
What is the trend direction for AM stock?
The current trend direction for ANTERO MIDSTREAM CORP (AM) is Bearish.
What is the RSI signal for ANTERO MIDSTREAM CORP (AM) stock?
ANTERO MIDSTREAM CORP (AM) has an RSI value of 45.2332. This indicates that the stock is currently neutral.
What is the support and resistance level for AM stock?
ANTERO MIDSTREAM CORP (AM) has a support level at 17.66 and a resistance level at 17.88. Check the full technical report for our detailed analysis of AM support and resistance levels.