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 7 out of 10. In the last year, AM was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Looking at the yearly performance, AM did better than 77% of all other stocks. We also observe that the gains produced by AM over the past year are nicely spread over this period.
AM is part of the Oil, Gas & Consumable Fuels industry. There are 208 other stocks in this industry. AM outperforms 82% of them.
AM is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month AM has a been trading in the 16.77 - 18.80 range, which is quite wide. It is currently trading near the high of this range.
AM has an average volume of 2854020 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although AM has an excellent technical rating, the quality of the presented setup is not ideal 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
15.48
19.18
When analyzing the support we can see 4 important areas.
- A support zone ranging from 17.69 to 18.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
- Support @16.55 from a horizontal line in the daily time frame.
- Support @15.64 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important 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 | NEUTRAL | NEUTRAL | The long term trend for AM is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AM is up. |
| ChartMill Relative Strength | 77.6 | POSITIVE | AM has a high relative strength, it outperformed 77.6% 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) | DOWN | MIXED | The current price of AM is above a declining 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) | 58.7 | NEUTRAL | The RSI value for AM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests AM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.12 | OVERBOUGHT | The high Stochastics value suggests AM may be overbought. |
| Average True Range in percent/ATR (20) | 2.32 | MEDIUM VOLATILITY | The ATR as a percentage value for AM suggests some volalility. |
| Average Directional Index/ADX (14) | 18.92 | 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)
18.46
-0.22 (-1.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.18%
1 Week0.6%
2 Weeks8.08%
1 Month5.85%
3 Month2.16%
6 Month14.66%
12 Month33.29%
2 Year52.31%
3 Year83.32%
5 Year172.67%
10 Year-20.29%
15 YearN/A
Volatility
ATR(14)0.46
ATR(20)%2.32%
ATR Inc-15.3%
Range Today0.39
ADR(20)0.41
ADR(20)%2.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.6
Mansfield0.35
10 Day High18.8
10 Day Low16.77
20 Day High18.8
20 Day Low16.77
52 Week High19.09
52 Week Low13.78
CS1 End18.1
CR1 Start18.96
Volume & EV
DER(3)4.93%
DER(5)2.88%
Volume1.74M
Volume Incr18.68%
Vol(5)3.32M
Vol(50)2.85M