We assign a technical rating of 3 out of 10 to AMCI. In the last year, AMCI was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
The technical rating of AMCI is bad and it also does not present a 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.
6.16
When analyzing the support we can see 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 AMCI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AMCI is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | AMCI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AMCI is below the rising SMA(20). |
| Relative Strength Index/RSI (14) | 46.16 | NEUTRAL | The RSI value for AMCI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.39 | NEGATIVE | The MACD value suggests AMCI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.34 | OVERSOLD | The low Stochastics value suggests AMCI may be oversold. |
| Average True Range in percent/ATR (20) | 20 | HIGH VOLATILITY | The high ATR as a percentage value for AMCI suggests high volalility. |
| Average Directional Index/ADX (14) | 13.56 | NEGATIVE | The low ADX value for AMCI suggests a weak or negative trend. |
6.69
+0.27 (+4.21%)
ChartMill assigns a technical rating of 3 / 10 to AMCI.
The current trend direction for AMC ROBOTICS CORP (AMCI) is Bullish.
AMC ROBOTICS CORP (AMCI) has an RSI value of 46.1609. This indicates that the stock is currently neutral.
AMC ROBOTICS CORP (AMCI) has a support level at 6.68. Check the full technical report for our detailed analysis of AMCI support and resistance levels.