ADAPTIVE HEDGED MULTI-ASSET (AMAX) Stock Technical Analysis
NYSEARCA:AMAX - NYSE Arca - US85521B7837 - ETF - Currency: USD
We assign a technical rating of 7 out of 10 to AMAX. Although AMAX is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
AMAX has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 7.99. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.95, a Stop Loss order could be placed below this zone.
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7.05
When analyzing the support we can see 3 important areas.
- A support zone ranging from 7.74 to 7.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.28 from a horizontal line in the weekly time frame.
- Support @7.12 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.99 to 8.16. 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 | UP | POSITIVE | The long term trend for AMAX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMAX is up. |
| ChartMill Relative Strength | 44.75 | NEUTRAL | AMAX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMAX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMAX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of AMAX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.14 | NEUTRAL | The RSI value for AMAX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests AMAX has a positive trend. |
| Stochastics (14,3) | 90.61 | OVERBOUGHT | The high Stochastics value suggests AMAX may be overbought. |
| Average True Range in percent/ATR (20) | 0.82 | LOW VOLATILITY | The low ATR as a percentage value for AMAX suggests low volalility. |
| Average Directional Index/ADX (14) | 16.53 | NEGATIVE | The low ADX value for AMAX suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 8.01 | 7.80 | 0.21 (2.62%) | 25.00% |
| An entry @8.01. This is a Buy Stop order right above the 10 day high. | An exit @7.80. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.21 points, which is 2.62%. | For a 0.66% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
NYSEARCA:AMAX (7/14/2025, 8:22:39 PM)
7.975
-0.01 (-0.08%)