NYSEARCA:AMBO - NYSE Arca - US02322P3091 - ADR - Currency: USD
We assign a technical rating of 2 out of 10 to AMBO. Although AMBO is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, AMBO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for AMBO in the last couple of days, which is a good sign.
2.39
When analyzing the resistance we notice 4 important 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 | NEUTRAL | NEUTRAL | The long term trend for AMBO is neutral. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AMBO is down. |
ChartMill Relative Strength | 92.55 | POSITIVE | AMBO has a high relative strength, it outperformed 92.55% 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 | NEGATIVE | The current price of AMBO is below 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) | 34.5 | NEUTRAL | The RSI value for AMBO is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests AMBO has a negative trend. |
Stochastics (14,3) | 35.25 | NEUTRAL | The Stochastics value for AMBO is a neutral value. |
Average True Range in percent/ATR (20) | 8.5 | HIGH VOLATILITY | The high ATR as a percentage value for AMBO suggests high volalility. |
Average Directional Index/ADX (14) | 21.66 | NEUTRAL | The ADX value for AMBO suggests a possible start of a new trend. |
NYSEARCA:AMBO (6/20/2025, 5:21:52 PM)
2.41
-0.09 (-3.6%)