AMERICAN ACQUISITION OP-CL A (AMAO)

US02369M1027 - Common Stock

7.9032  +1.19 (+17.78%)

After market: 11.7501 +3.85 (+48.68%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to AMAO. AMAO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

When comparing the yearly performance of all stocks, AMAO is a bad performer in the overall market: 78% of all stocks are doing better.
AMAO is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AMAO is lagging the market.
In the last month AMAO has a been trading in the 5.14 - 15.50 range, which is quite wide. It is currently trading near the lows of this range.
Warning: AMAO has an average volume of 19976 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
AMAO Weekly chart
AMAO Daily chart
Setup Rating and Analysis

3

The technical rating of AMAO is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

7.82

10.81

We can see 2 important resistance areas.

  • A resistance zone ranging from 10.18 to 10.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @10.70 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.69
Mansfield-2.74
10 Day High15.5
10 Day Low5.14
20 Day High15.5
20 Day Low5.14
52 Week High15.5
52 Week Low5.14
Performance
1 Week1.85%
2 Weeks-27.23%
1 Month-27.16%
3 Month-26.82%
6 Month-23.49%
12 Month-22.06%
2 Year-20.81%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.36
RSI(14)36.35
LBB5.33
UBB12.86
AMAO Daily chart

AMERICAN ACQUISITION OP-CL A

NASDAQ:AMAO (11/3/2023, 8:00:00 PM)

After market: 11.7501 +3.85 (+48.68%)

7.9032

+1.19 (+17.78%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg17.78%
1 Week1.85%
2 Weeks-27.23%
1 Month-27.16%
3 Month-26.82%
6 Month-23.49%
12 Month-22.06%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.58
ATR(20)%14.92%
ATR Inc
Range Today1.91
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High15.5
10 Day Low5.14
20 Day High15.5
20 Day Low5.14
52 Week High15.5
52 Week Low5.14
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume69.80K
Volume Incr154.13%
Vol(5)59.44K
Vol(50)19.98K