Overall AMED gets a technical rating of 8 out of 10. Although AMED is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although AMED has an excellent technical rating, the quality of the presented setup is not ideal 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.
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5 important support areas can be observed.
- A support zone ranging from 97.62 to 100.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @95.96 from a horizontal line in the daily time frame.
- Support @93.88 from a horizontal line in the daily time frame.
- Strong support @92.16 from a horizontal line in the daily time frame.
- A support zone ranging from 90.44 to 90.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 101.00 to 101.00. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for AMED is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMED is up. |
| ChartMill Relative Strength | 48.13 | NEUTRAL | AMED is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMED is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMED is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AMED is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.65 | OVERBOUGHT | The high RSI value suggests AMED may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests AMED has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 99.07 | OVERBOUGHT | The high Stochastics value suggests AMED may be overbought. |
| Average True Range in percent/ATR (20) | 0.71 | LOW VOLATILITY | The low ATR as a percentage value for AMED suggests low volalility. |
| Average Directional Index/ADX (14) | 32.27 | POSITIVE | The high ADX value value for AMED suggests a strong trend. |
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 |
|---|---|---|---|
| 101.01 | 98.08 | 2.93 (2.90%) | 25.00% |
| An entry @101.01. This is a Buy Stop order right above the resistance zone. | An exit @98.08. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.93 points, which is 2.90%. | For a 0.73% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
100.99
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AMEDISYS INC / AMED FAQ
Can you provide the ChartMill technical rating for AMEDISYS INC?
ChartMill assigns a technical rating of 8 / 10 to AMED.
What is the trend direction for AMED stock?
The current trend direction for AMEDISYS INC (AMED) is Bullish.
Can you provide the RSI signal for AMEDISYS INC?
AMEDISYS INC (AMED) has an RSI value of 74.652. This indicates that the stock is currently overbought.
What is the MACD signal for AMEDISYS INC (AMED) stock?
The MACD indicator for AMEDISYS INC (AMED) has a value of 0.209671, indicating a bearish trend.
What is the support and resistance level for AMED stock?
AMEDISYS INC (AMED) has a support level at 100.13 and a resistance level at 101. Check the full technical report for our detailed analysis of AMED support and resistance levels.