AMBAC FINANCIAL GROUP INC (AMBC) Stock Technical Analysis
NYSE:AMBC - New York Stock Exchange, Inc. - US0231398845 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to AMBC. AMBC'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.
89% of all other stocks performed better in the past year than AMBC.
AMBC is part of the Insurance industry. There are 143 other stocks in this industry, of which 92% are performing better than AMBC.
AMBC is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month AMBC has a been trading in the 6.33 - 8.09 range, which is quite wide. It is currently trading near the high of this range.
AMBC has an average volume of 1363240 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Considerably lower volume is observed in the last couple of days.
The technical rating of AMBC 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.
More info and screens
7.92
13.32
We can see 4 important resistance areas.
- A resistance zone ranging from 8.01 to 8.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 10.25 to 10.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.94 from a trend line in the daily time frame.
- Resistance @13.19 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.02
Mansfield-3.05
10 Day High8.09
10 Day Low7.1
20 Day High8.09
20 Day Low6.33
52 Week High18.45
52 Week Low6.33
Performance
1 Week3.23%
2 Weeks12.2%
1 Month-3.15%
3 Month-31.21%
6 Month-28.64%
12 Month-45.47%
2 Year-42.57%
3 Year-25.3%
5 Year-40.39%
10 Year-65.78%
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)0.19
RSI(14)52.66
LBB6.51
UBB8.48
8
+0.02 (+0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.25%
1 Week3.23%
2 Weeks12.2%
1 Month-3.15%
3 Month-31.21%
6 Month-28.64%
12 Month-45.47%
2 Year-42.57%
3 Year-25.3%
5 Year-40.39%
10 Year-65.78%
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%4.96%
ATR Inc-62.61%
Range Today0.12
ADR(20)0.38
ADR(20)%4.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.02
Mansfield-3.05
10 Day High8.09
10 Day Low7.1
20 Day High8.09
20 Day Low6.33
52 Week High18.45
52 Week Low6.33
CS1 EndN/A
CR1 Start8.01
Volume & EV
DER(3)-4.96%
DER(5)-3.24%
Volume514.00K
Volume Incr-42.16%
Vol(5)682.56K
Vol(50)1.36M