Overall AMBO gets a technical rating of 0 out of 10. AMBO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, AMBO does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 3.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.70, a Stop Loss order could be placed below this zone.
2.63
When analyzing the support we notice one important area.
We can see 2 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 AMBO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AMBO is down. |
| ChartMill Relative Strength | 32.63 | NEUTRAL | AMBO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AMBO is above 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 | MIXED | The current price of AMBO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.05 | NEUTRAL | The RSI value for AMBO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests AMBO has a positive trend. |
| Stochastics (14,3) | 33.92 | NEUTRAL | The Stochastics value for AMBO is a neutral value. |
| Average True Range in percent/ATR (20) | 11.49 | HIGH VOLATILITY | The high ATR as a percentage value for AMBO suggests high volalility. |
| Average Directional Index/ADX (14) | 11.13 | NEGATIVE | The low ADX value for AMBO suggests a weak or negative trend. |
3
+0.33 (+12.36%)
ChartMill assigns a technical rating of 0 / 10 to AMBO.
The current trend direction for AMBOW EDUCATION HOLDING-ADR (AMBO) is Bearish.
AMBOW EDUCATION HOLDING-ADR (AMBO) has an RSI value of 48.0474. This indicates that the stock is currently neutral.
The MACD indicator for AMBOW EDUCATION HOLDING-ADR (AMBO) has a value of 0.0430749, indicating a bearish trend.
The buy/sell signal for AMBOW EDUCATION HOLDING-ADR (AMBO) is sell as both the short term and long term trends are negative.