ARDAGH METAL PACKAGING SA (AMBP) Stock Technical Analysis
NYSE:AMBP - New York Stock Exchange, Inc. - LU2369833749 - Common Stock - Currency: USD
Overall AMBP gets a technical rating of 9 out of 10. Both in the recent history as in the last year, AMBP has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
AMBP is part of the Containers & Packaging industry. There are 22 other stocks in this industry. AMBP outperforms 95% of them.
A new 52 week high is currently being made by AMBP, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month AMBP has a been trading in the 3.89 - 4.53 range, which is quite wide. It is currently trading near the high of this range.
AMBP has an average volume of 2352550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that AMBP is one of the better performing stocks in the market, outperforming 89% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Although AMBP has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
2.70
4.56
3 important support areas can be observed.
- Support @4.10 from a horizontal line in the daily time frame.
- Support @2.91 from a trend line in the weekly time frame.
- Support @2.73 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 AMBP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMBP is up. |
| ChartMill Relative Strength | 89.78 | POSITIVE | AMBP has a high relative strength, it outperformed 89.78% 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) | UP | POSITIVE | The current price of AMBP is above the rising 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) | 75.27 | OVERBOUGHT | The high RSI value suggests AMBP may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests AMBP has a positive trend. |
| Stochastics (14,3) | 91.02 | OVERBOUGHT | The high Stochastics value suggests AMBP may be overbought. |
| Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for AMBP suggests some volalility. |
| Average Directional Index/ADX (14) | 45.22 | 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)
4.51
+0.08 (+1.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg1.81%
1 Week4.16%
2 Weeks9.2%
1 Month15.35%
3 Month57.69%
6 Month51.85%
12 Month32.65%
2 Year19.31%
3 Year-33.28%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%2.64%
ATR Inc-6.94%
Range Today0.09
ADR(20)0.11
ADR(20)%2.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.78
Mansfield2.18
10 Day High4.53
10 Day Low4.11
20 Day High4.53
20 Day Low3.89
52 Week High4.53
52 Week Low2.5
CS1 End4.11
CR1 StartN/A
Volume & EV
DER(3)-0.91%
DER(5)-2.25%
Volume680.70K
Volume Incr11.07%
Vol(5)1.81M
Vol(50)2.35M