NYSEARCA:AMBO - NYSE Arca - US02322P3091 - ADR - Currency: USD
Overall AMBO gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Besides having an excellent technical rating, AMBO also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 2.88, a Stop Loss order could be placed below this zone.
2.45
5 important support areas can be observed.
When analyzing the resistance we notice 2 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 | UP | POSITIVE | The long term trend for AMBO is up. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AMBO is down. |
ChartMill Relative Strength | 97.56 | POSITIVE | AMBO has a high relative strength, it outperformed 97.56% 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) | 47.97 | 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, although the MACD value is rising. |
Stochastics (14,3) | 12.06 | OVERSOLD | The low Stochastics value suggests AMBO may be oversold. |
Average True Range in percent/ATR (20) | 8.31 | HIGH VOLATILITY | The high ATR as a percentage value for AMBO suggests high volalility. |
Average Directional Index/ADX (14) | 24.12 | NEUTRAL | The ADX value for AMBO suggests a possible start of a new trend. |
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 |
---|---|---|---|
3.14 | 2.79 | 0.35 (11.14%) | 8.97% |
An entry @3.14. This is a Buy Stop order right above the resistance zone. | An exit @2.79. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.35 points, which is 11.14%. | When investing 8.97% of your capital in this trade, your total portfolio risk will be 1.00%. |
NYSEARCA:AMBO (5/29/2025, 3:24:16 PM)
2.9773
+0.08 (+2.67%)