AMEDISYS INC (AMED) Technical Analysis
NASDAQ:AMED • US0234361089
Current stock price
AMED Technical Rating and Analysis
Taking everything into account, AMED scores 8 out of 10 in our technical rating. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- A new 52 week high is currently being made by AMED, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so AMED is leading the market.
- When comparing the performance of all stocks over the past year, AMED turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
- AMED is part of the Health Care Providers & Services industry. There are 101 other stocks in this industry, AMED did better than 61% 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
We found 5 important support 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 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.
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.
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.
Can you provide the short term momentum for AMEDISYS INC?
The short term momentum for AMEDISYS INC (AMED) is positive.
What are the support and resistance levels for AMEDISYS INC (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.