YIELDMAX AMD OPTION IS ETF (AMDY) Stock Technical Analysis
NYSEARCA:AMDY - NYSE Arca - US88634T4774 - ETF - Currency: USD
We assign a technical rating of 4 out of 10 to AMDY. Recently some decent action could be observed, but in the medium term time frame this is still negative. AMDY was also a bad performer in the overall market in the last year.
90% of all other stocks performed better in the past year than AMDY.
AMDY is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month AMDY has a been trading in the 7.41 - 8.71 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AMDY has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
7.14
8.85
When analyzing the support we can see 3 important areas.
- Support @8.27 from a trend line in the daily time frame.
- A support zone ranging from 7.84 to 8.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.21 to 7.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @8.31 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 8.56 to 8.76. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for AMDY is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMDY is up. |
| ChartMill Relative Strength | 10.64 | NEGATIVE | AMDY has a low relative strength, it was outperformed by 89.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMDY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMDY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AMDY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.66 | NEUTRAL | The RSI value for AMDY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests AMDY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.43 | NEUTRAL | The Stochastics value for AMDY is a neutral value. |
| Average True Range in percent/ATR (20) | 3.11 | MEDIUM VOLATILITY | The ATR as a percentage value for AMDY suggests some volalility. |
| Average Directional Index/ADX (14) | 13.69 | NEGATIVE | The low ADX value for AMDY suggests a weak or negative 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)
8.3
+0.11 (+1.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.34%
1 Week4.67%
2 Weeks0.85%
1 Month7.79%
3 Month20.46%
6 Month-10.94%
12 Month-53.58%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%3.11%
ATR Inc0.19%
Range Today0.24
ADR(20)0.2
ADR(20)%2.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.64
Mansfield-2.63
10 Day High8.4
10 Day Low7.71
20 Day High8.72
20 Day Low7.41
52 Week High18.16
52 Week Low5.83
CS1 End8.27
CR1 Start8.31
Volume & EV
DER(3)2.57%
DER(5)-0.75%
Volume622.80K
Volume Incr-26.53%
Vol(5)505.94K
Vol(50)540.10K