NASDAQ:AMCIU - Nasdaq - US00166R2094 - Currency: USD
We assign a technical rating of 5 out of 10 to AMCIU. In the last year, AMCIU was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, AMCIU does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 10.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.41, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AMCIU in the last couple of days, which is a good sign.
9.72
3 important support areas can be observed.
We found 1 important resistance area.
NASDAQ:AMCIU (2/7/2023, 4:00:00 PM)
10.43
-0.06 (-0.57%)