AMB Technical Analysis - AMBROMOBILIARE

Technical Rating and Analysis

Taking everything into account, AMB scores 0 out of 10 in our technical rating. AMB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

When comparing the yearly performance of all stocks, AMB is a bad performer in the overall market: 100% of all stocks are doing better.

AMB is one of the lesser performing stocks in the Capital Markets industry. 88% of 109 stocks in the same industry do better.

In the last month AMB has a been trading in the 0.99 - 1.28 range, which is quite wide. It is currently trading near the lows of this range.

Warning: AMB has an average volume of 25776 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

AMB has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

0.99

1.13

When analyzing the resistance we notice 3 important areas.

Resistance @1.01 from a horizontal line in the daily time frame.
A resistance zone ranging from 1.04 to 1.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
A resistance zone ranging from 1.11 to 1.12. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

Support and Resistance indicators

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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	DOWN	NEGATIVE	The long term trend for AMB.MI is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for AMB.MI is down.
ChartMill Relative Strength	0	NEGATIVE	AMB.MI has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of AMB.MI is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of AMB.MI is below a declining SMA(50).
Relative Strength Index/RSI (14)	42.01	NEUTRAL	The RSI value for AMB.MI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0	POSITIVE	The MACD value suggests AMB.MI has a positive trend, although the MACD value is declining.
Stochastics (14,3)	10.34	OVERSOLD	The low Stochastics value suggests AMB.MI may be oversold.
Average True Range in percent/ATR (20)	8.9	HIGH VOLATILITY	The high ATR as a percentage value for AMB.MI suggests high volalility.
Average Directional Index/ADX (14)	6.61	NEGATIVE	The low ADX value for AMB.MI suggests a weak or negative trend.