AMETEK INC (AME)
US0311001004 - Common Stock
Taking everything into account, AME scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that AME is one of the better performing stocks in the market, outperforming 84% of all stocks.
AME is part of the Electrical Equipment industry. There are 87 other stocks in this industry. AME outperforms 81% of them.
AME is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so AME is performing more or less in line with the market.
In the last month AME has a been trading in a tight range between 176.71 and 184.22.
Besides having an excellent technical rating, AME also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 177.69, a Stop Loss order could be placed below this zone.
More info and screens
135.40
186.77
We found 5 important support areas.
- A support zone ranging from 175.15 to 179.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @160.65 from a horizontal line in the daily time frame.
- Support @151.72 from a trend line in the weekly time frame.
- Support @142.66 from a trend line in the weekly time frame.
- Support @136.77 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 180.28 to 184.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.32
Mansfield0.21
10 Day High182.81
10 Day Low176.71
20 Day High184.22
20 Day Low176.71
52 Week High186.33
52 Week Low136.89
Performance
1 Week-0.66%
2 Weeks-1.69%
1 Month-2.89%
3 Month8.77%
6 Month27.75%
12 Month28.95%
2 Year40.87%
3 Year31.82%
5 Year101.72%
10 Year237.37%
15 Year1142.43%
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)
Technical Indicators
MACD(12,26,9)-0.59
RSI(14)43
LBB176.66
UBB182.45
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 184.93 | 176.70 | 8.23 (4.45%) | 22.47% |
| An entry @184.93. This is a Buy Stop order right above the resistance zone. | An exit @176.70. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 8.23 points, which is 4.45%. | When investing 22.47% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AMETEK INC
NYSE:AME (4/23/2024, 12:03:00 PM)
179.855
+1.99 (+1.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg1.12%
1 Week-0.66%
2 Weeks-1.69%
1 Month-2.89%
3 Month8.77%
6 Month27.75%
12 Month28.95%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.83
ATR(20)%1.42%
ATR Inc
Range Today1.83
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High182.81
10 Day Low176.71
20 Day High184.22
20 Day Low176.71
52 Week High186.33
52 Week Low136.89
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume181.82K
Volume Incr-9.11%
Vol(5)775.08K
Vol(50)939.39K