ANTERO MIDSTREAM CORP (AM) Technical Analysis
NYSE:AM • US03676B1026
Current stock price
AM Technical Rating and Analysis
We assign a technical rating of 6 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.
- In the last month AM has a been trading in the 20.39 - 23.84 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 74% of all stocks. On top of that, AM also shows a nice and consistent pattern of rising prices.
- AM has an average volume of 2994000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- AM is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry, AM did better than 46% of them.
- AM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AM is lagging the market.
AM Weekly and Daily overview Charts
AM Setup Rating and Analysis
AM has an average technical rating and the quality of the presented setup is also 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
AM Support and Resistance Analysis
16.70
6 important support areas can be observed.
- Support @21.23 from a horizontal line in the weekly time frame.
- Support @20.61 from a horizontal line in the daily time frame.
- Support @18.68 from a horizontal line in the daily time frame.
- Support @18.03 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.
When analyzing the resistance we notice one important area.
- 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 | DOWN | NEGATIVE | The short term trend for AM is down. |
| ChartMill Relative Strength | 74.94 | POSITIVE | AM has a high relative strength, it outperformed 74.94% 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 | MIXED | The current price of AM is below 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) | 40.28 | NEUTRAL | The RSI value for AM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests AM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.21 | OVERSOLD | The low Stochastics value suggests AM may be oversold. |
| Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for AM suggests some volalility. |
| Average Directional Index/ADX (14) | 29.72 | POSITIVE | The high ADX value value for AM suggests a strong trend. |
AM Chart- and CandleStick Pattern Analysis
AM Technicals: Chart, Performance Metrics, Trend & Indicators
21.24
+0.63 (+3.06%)
ANTERO MIDSTREAM CORP / AM TA FAQ
What is the ChartMill technical rating of ANTERO MIDSTREAM CORP (AM) stock?
ChartMill assigns a technical rating of 6 / 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 40.277. 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 -0.192362, indicating a bearish trend.
What is the buy/sell signal for AM stock?
The buy/sell signal for ANTERO MIDSTREAM CORP (AM) is hold as the short term and long term trends are mixed.