Overall AMAL gets a technical rating of 3 out of 10. In the past year, AMAL was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
AMAL has a poor technical rating and the quality of the setup is also not perfect 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
25.46
We found 2 important support areas.
- A support zone ranging from 27.02 to 28.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 25.72 to 25.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 28.82 to 28.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 29.70 to 30.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @30.72 from a trend line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for AMAL is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMAL is up. |
| ChartMill Relative Strength | 24.09 | NEGATIVE | AMAL has a low relative strength, it was outperformed by 75.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMAL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMAL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AMAL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.7 | NEUTRAL | The RSI value for AMAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests AMAL has a positive trend. |
| Stochastics (14,3) | 66.96 | NEUTRAL | The Stochastics value for AMAL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.68 | MEDIUM VOLATILITY | The ATR as a percentage value for AMAL suggests some volalility. |
| Average Directional Index/ADX (14) | 14.91 | NEGATIVE | The low ADX value for AMAL suggests a weak or negative trend. |
28.81
+1 (+3.6%)
AMALGAMATED FINANCIAL CORP / AMAL FAQ
What is the technical rating for AMAL stock?
ChartMill assigns a technical rating of 3 / 10 to AMAL.
Can you provide the trend direction for AMALGAMATED FINANCIAL CORP?
The current trend direction for AMALGAMATED FINANCIAL CORP (AMAL) is Bearish.
What is the RSI signal for AMALGAMATED FINANCIAL CORP (AMAL) stock?
AMALGAMATED FINANCIAL CORP (AMAL) has an RSI value of 59.695. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AMALGAMATED FINANCIAL CORP?
The MACD indicator for AMALGAMATED FINANCIAL CORP (AMAL) has a value of 0.0516608, indicating a bearish trend.
What is the short term momentum for AMAL stock?
The short term momentum for AMALGAMATED FINANCIAL CORP (AMAL) is positive.