NYSE:AMBC - New York Stock Exchange, Inc. - US0231398845 - Common Stock - Currency: USD
Overall AMBC gets a technical rating of 0 out of 10. 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.
Although the technical rating is bad, AMBC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 7.73, a Stop Loss order could be placed below this zone.
6.48
When analyzing the support we can see 2 important areas.
We can see 4 important resistance areas.
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 AMBC is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AMBC is down. |
ChartMill Relative Strength | 7.68 | NEGATIVE | AMBC has a low relative strength, it was outperformed by 92.32% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AMBC is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AMBC is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AMBC is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 48.82 | NEUTRAL | The RSI value for AMBC is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests AMBC has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 65.89 | NEUTRAL | The Stochastics value for AMBC is a neutral value. |
Average True Range in percent/ATR (20) | 5.92 | HIGH VOLATILITY | The high ATR as a percentage value for AMBC suggests high volalility. |
Average Directional Index/ADX (14) | 17.52 | NEGATIVE | The low ADX value for AMBC suggests a weak or negative trend. |
7.74
-0.04 (-0.51%)