AMEDISYS INC (AMED) Technical Analysis
NASDAQ:AMED • US0234361089
Current stock price
AMED Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to AMED. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AMED is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- AMED is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so AMED is leading the market.
- When compared to the yearly performance of all other stocks, AMED outperforms 48% of them, which is more or less in line with the market.
- AMED is part of the Health Care Providers & Services industry. There are 100 other stocks in this industry, AMED did better than 62% of them.
- In the last month AMED has a been trading in a tight range between 96.72 and 101.02.
- Volume is considerably higher in the last couple of days.
AMED Weekly and Daily overview Charts
AMED Setup Rating and Analysis
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.
More info and screens
AMED Support and Resistance Analysis
89.54
When analyzing the support we can see 5 important areas.
- 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.
AMED Technical Indicator Signal Analysis
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. |
AMED Chart- and CandleStick Pattern Analysis
AMED Example Setup
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 trade has a worst case loss of 2.93 points, which is 2.90%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.73%. |
- 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.
AMED Technicals: Chart, Performance Metrics, Trend & Indicators
100.99
+0.01 (+0.01%)
AMEDISYS INC / AMED TA FAQ
Can you provide the ChartMill technical rating for AMEDISYS INC?
ChartMill assigns a technical rating of 8 / 10 to AMED.
Can you provide the trend direction for AMEDISYS INC?
The current trend direction for AMEDISYS INC (AMED) is Bullish.
What is the RSI signal for AMED stock?
AMEDISYS INC (AMED) has an RSI value of 74.652. This indicates that the stock is currently overbought.
What is the buy/sell signal for AMEDISYS INC (AMED) stock?
The buy/sell signal for AMEDISYS INC (AMED) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for AMEDISYS INC?
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.