ARDAGH METAL PACKAGING SA (AMBP) Stock Technical Analysis
USA - NYSE:AMBP - LU2369833749 - Common Stock
3.99 USD
+0.04 (+1.01%)
3.92 USD
-0.07 (-1.75%)
We assign a technical rating of 5 out of 10 to AMBP. Although AMBP is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
72% of all other stocks performed better in the past year than AMBP.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month AMBP has a been trading in the 3.42 - 3.99 range, which is quite wide. It is currently trading near the high of this range.
AMBP has an average volume of 1386110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
AMBP is an average performer in the Containers & Packaging industry, it outperforms 66% of 22 stocks in the same industry.
AMBP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AMBP is lagging the market.
Considerably lower volume is observed in the last couple of days.
AMBP has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
3.47
4.04
When analyzing the support we can see 3 important areas.
- A support zone ranging from 3.81 to 3.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.68 to 3.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.50 to 3.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 4.00 to 4.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 AMBP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMBP is up. |
| ChartMill Relative Strength | 28.73 | NEGATIVE | AMBP has a low relative strength, it was outperformed by 71.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMBP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AMBP is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AMBP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.58 | NEUTRAL | The RSI value for AMBP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests AMBP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.69 | OVERBOUGHT | The high Stochastics value suggests AMBP may be overbought. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for AMBP suggests some volalility. |
| Average Directional Index/ADX (14) | 27.48 | POSITIVE | The high ADX value value for AMBP suggests a strong 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)
3.99
+0.04 (+1.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg1.01%
1 Week3.64%
2 Weeks10.53%
1 Month9.92%
3 Month-11.53%
6 Month39.51%
12 Month6.4%
2 Year27.48%
3 Year-17.56%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%2.72%
ATR Inc-19.31%
Range Today0.07
ADR(20)0.11
ADR(20)%2.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.73
Mansfield0.25
10 Day High3.99
10 Day Low3.6
20 Day High3.99
20 Day Low3.43
52 Week High4.78
52 Week Low2.5
CS1 End3.87
CR1 Start4
Volume & EV
DER(3)3.08%
DER(5)3.75%
Volume749.40K
Volume Incr-30.52%
Vol(5)835.94K
Vol(50)1.39M