AMBOW EDUCATION HOLDING-ADR (AMBO) Stock Technical Analysis
NYSEARCA:AMBO - NYSE Arca - US02322P3091 - ADR - Currency: USD
Taking everything into account, AMBO scores 6 out of 10 in our technical rating. AMBO was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Warning: AMBO has an average volume of 9058 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that AMBO is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, AMBO also shows a nice and consistent pattern of rising prices.
AMBO is one of the better performing stocks in the Diversified Consumer Services industry, it outperforms 91% of 72 stocks in the same industry.
AMBO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AMBO is lagging the market.
In the last month AMBO has a been trading in the 2.40 - 3.14 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AMBO has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 2.74, a Stop Loss order could be placed below this zone.
More info and screens
2.38
3.22
We found 4 important support areas.
- A support zone ranging from 2.71 to 2.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.65 from a trend line in the weekly time frame.
- A support zone ranging from 2.54 to 2.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.40 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 2.81 to 2.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.96 to 3.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.19 from a trend line in the daily time frame.
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 AMBO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AMBO is neutral. |
| ChartMill Relative Strength | 94.46 | POSITIVE | AMBO has a high relative strength, it outperformed 94.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AMBO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AMBO is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AMBO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.74 | NEUTRAL | The RSI value for AMBO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests AMBO has a negative trend. |
| Stochastics (14,3) | 49.1 | NEUTRAL | The Stochastics value for AMBO is a neutral value. |
| Average True Range in percent/ATR (20) | 8.6 | HIGH VOLATILITY | The high ATR as a percentage value for AMBO suggests high volalility. |
| Average Directional Index/ADX (14) | 16.28 | NEGATIVE | The low ADX value for AMBO suggests a weak or negative trend. |
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)
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 |
|---|---|---|---|
| 2.86 | 2.70 | 0.16 (5.59%) | 17.88% |
| An entry @2.86. This is a Buy Stop order right above the resistance zone. | An exit @2.70. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.16 points, which is 5.59%. | When investing 17.88% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of AMBO. Please evaluate whether better entry and exit points can be found.
- 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.
2.76
-0.05 (-1.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg-1.94%
1 Week-4.83%
2 Weeks6.56%
1 Month-6.44%
3 Month-12.94%
6 Month3.76%
12 Month148.65%
2 Year43.01%
3 Year-37.39%
5 Year-89.58%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%8.6%
ATR Inc-7.27%
Range Today0.32
ADR(20)0.23
ADR(20)%8.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.46
Mansfield1.27
10 Day High3.14
10 Day Low2.65
20 Day High3.14
20 Day Low2.4
52 Week High5.55
52 Week Low1
CS1 End2.74
CR1 Start2.81
Volume & EV
DER(3)-0.74%
DER(5)-0.28%
Volume11.00K
Volume Incr-52.05%
Vol(5)6.72K
Vol(50)9.06K