AMCI ACQUISITION CORP II-A (AMCI) Stock Technical Analysis
NASDAQ:AMCI - US00166R1005 - Common Stock
9.91 USD
-0.06 (-0.6%)
We assign a technical rating of 4 out of 10 to AMCI. In the last year, AMCI was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
In the last month AMCI has a been trading in the 9.40 - 10.80 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, AMCI turns out to be only a medium performer in the overall market: it outperformed 68% of all stocks.
AMCI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AMCI is lagging the market.
Volume is considerably higher in the last couple of days.
AMCI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 9.77, a Stop Loss order could be placed below this zone.
More info and screens
9.47
10.22
When analyzing the support we notice one important area.
- A support zone ranging from 9.57 to 9.77. 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 9.92 to 10.12. This zone is formed by a combination of multiple trend lines and important moving averages 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 AMCI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AMCI is neutral. |
| ChartMill Relative Strength | 68.89 | NEUTRAL | AMCI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AMCI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AMCI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AMCI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.99 | NEUTRAL | The RSI value for AMCI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests AMCI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.71 | NEUTRAL | The Stochastics value for AMCI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.52 | MEDIUM VOLATILITY | The ATR as a percentage value for AMCI suggests some volalility. |
| Average Directional Index/ADX (14) | 39.74 | POSITIVE | The high ADX value value for AMCI 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)
NASDAQ:AMCI (2/8/2023, 8:10:23 PM)
9.91
-0.06 (-0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.6%
1 Week-1.78%
2 Weeks-1.59%
1 Month-1%
3 Month0.92%
6 Month0.1%
12 Month3.44%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.48
ATR(20)%3.52%
ATR Inc47.83%
Range Today0.27
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.89
Mansfield-0.14
10 Day High10.8
10 Day Low9.4
20 Day High10.8
20 Day Low9.4
52 Week High10.8
52 Week Low9.4
CS1 End9.77
CR1 Start9.92
Volume & EV
DER(3)-1.42%
DER(5)-4.6%
Volume363.00K
Volume Incr2298.07%
Vol(5)2.21M
Vol(50)274.17K