ARDAGH METAL PACKAGING SA (AMBP) Stock Technical Analysis
USA - NYSE:AMBP - LU2369833749 - Common Stock
Taking everything into account, AMBP scores 4 out of 10 in our technical rating. AMBP has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
AMBP has an average technical rating and it also does not offer a high quality setup 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
3.28
When analyzing the support we can see 2 important areas.
- A support zone ranging from 3.37 to 3.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.31 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @3.81 from a trend line in the daily time frame.
- A resistance zone ranging from 3.95 to 4.03. 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 | NEUTRAL | NEUTRAL | The long term trend for AMBP is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMBP is up. |
| ChartMill Relative Strength | 51.72 | NEUTRAL | AMBP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AMBP is above a declining 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) | 58.36 | NEUTRAL | The RSI value for AMBP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests AMBP has a positive trend. |
| Stochastics (14,3) | 90.57 | OVERBOUGHT | The high Stochastics value suggests AMBP may be overbought. |
| Average True Range in percent/ATR (20) | 3.07 | MEDIUM VOLATILITY | The ATR as a percentage value for AMBP suggests some volalility. |
| Average Directional Index/ADX (14) | 15.87 | NEGATIVE | The low ADX value for AMBP suggests a weak or negative trend. |
3.76
+0.04 (+1.08%)
ARDAGH METAL PACKAGING SA / AMBP FAQ
What is the technical rating for AMBP stock?
ChartMill assigns a technical rating of 4 / 10 to AMBP.
What is the current trend direction of ARDAGH METAL PACKAGING SA (AMBP) stock?
The current trend direction for ARDAGH METAL PACKAGING SA (AMBP) is Bearish.
Can you provide the RSI signal for ARDAGH METAL PACKAGING SA?
ARDAGH METAL PACKAGING SA (AMBP) has an RSI value of 58.3644. This indicates that the stock is currently neutral.
What is the short term momentum for ARDAGH METAL PACKAGING SA (AMBP) stock?
The short term momentum for ARDAGH METAL PACKAGING SA (AMBP) is positive.