ANTERO MIDSTREAM CORP (AM) Technical Analysis
NYSE:AM • US03676B1026
Current stock price
AM Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to AM. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AM is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that AM is one of the better performing stocks in the market, outperforming 88% of all stocks.
- AM is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so AM is leading the market.
- In the last month AM has a been trading in the 20.82 - 23.34 range, which is quite wide. It is currently trading near the high of this range.
- AM has an average volume of 2937440 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 65% of 207 stocks in the same industry.
AM Weekly and Daily overview Charts
AM Setup Rating and Analysis
AM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 23.13, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
AM Support and Resistance Analysis
16.70
When analyzing the support we can see 6 important areas.
- A support zone ranging from 22.32 to 23.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.55 to 20.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.68 from a horizontal line in the daily time frame.
- Support @17.74 from a trend line in the weekly time frame.
- Support @17.42 from a horizontal line in the daily time frame.
- A support zone ranging from 16.87 to 17.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 23.15 to 23.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for AM is up. |
| ChartMill Relative Strength | 88.46 | POSITIVE | AM has a high relative strength, it outperformed 88.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AM is above the rising 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) | 73.34 | OVERBOUGHT | The high RSI value suggests AM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests AM has a negative trend. |
| Stochastics (14,3) | 87.27 | OVERBOUGHT | The high Stochastics value suggests AM may be overbought. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for AM suggests some volalility. |
| Average Directional Index/ADX (14) | 60.88 | POSITIVE | The high ADX value value for AM suggests a strong trend. |
AM Chart- and CandleStick Pattern Analysis
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 |
|---|---|---|---|
| 23.16 | 22.31 | 0.85 (3.67%) | 25.00% |
| An entry @23.16. This is a Buy Stop order right above the resistance zone. | An exit @22.31. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.85 points, which is 3.67%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.92%. |
- 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
23.14
+0.29 (+1.27%)
ANTERO MIDSTREAM CORP / AM TA FAQ
What is the ChartMill technical rating of ANTERO MIDSTREAM CORP (AM) stock?
ChartMill assigns a technical rating of 10 / 10 to AM.
Can you provide the trend direction for ANTERO MIDSTREAM CORP?
The current trend direction for ANTERO MIDSTREAM CORP (AM) is Bullish.
What is the RSI signal for ANTERO MIDSTREAM CORP (AM) stock?
ANTERO MIDSTREAM CORP (AM) has an RSI value of 73.3359. This indicates that the stock is currently overbought.
What is the short term momentum for ANTERO MIDSTREAM CORP (AM) stock?
The short term momentum for ANTERO MIDSTREAM CORP (AM) is positive.
What is the support and resistance level for AM stock?
ANTERO MIDSTREAM CORP (AM) has a support level at 23.13 and a resistance level at 23.15. Check the full technical report for our detailed analysis of AM support and resistance levels.