APOLLO MEDICAL HOLDINGS INC (AMEH) Stock Technical Analysis
NASDAQ:AMEH - Nasdaq - US03763A2078 - Common Stock - Currency: USD
Overall AMEH gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AMEH is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
AMEH is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so AMEH is leading the market.
In the last month AMEH has a been trading in the 34.75 - 43.12 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, AMEH did better than 78% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
AMEH is an average performer in the Health Care Providers & Services industry, it outperforms 67% of 102 stocks in the same industry.
Although AMEH has an excellent technical rating, it does not present a decent entry opportunity 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
29.25
41.23
We found 4 important support areas.
- A support zone ranging from 36.24 to 37.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 34.74 to 35.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @30.89 from a trend line in the weekly time frame.
- A support zone ranging from 29.55 to 29.68. 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 AMEH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMEH is up. |
| ChartMill Relative Strength | 78.48 | POSITIVE | AMEH has a high relative strength, it outperformed 78.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMEH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMEH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AMEH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.67 | NEUTRAL | The RSI value for AMEH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.46 | POSITIVE | The MACD value suggests AMEH has a positive trend. |
| Stochastics (14,3) | 80.41 | OVERBOUGHT | The high Stochastics value suggests AMEH may be overbought. |
| Average True Range in percent/ATR (20) | 3.64 | MEDIUM VOLATILITY | The ATR as a percentage value for AMEH suggests some volalility. |
| Average Directional Index/ADX (14) | 29.19 | POSITIVE | The high ADX value value for AMEH suggests a strong 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)
40.82
-0.88 (-2.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-2.11%
1 Week4.64%
2 Weeks11.2%
1 Month15.08%
3 Month18.59%
6 Month9.23%
12 Month15.18%
2 Year-15.17%
3 Year64.93%
5 Year108.91%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.61
ATR(20)%3.64%
ATR Inc147.01%
Range Today2.04
ADR(20)1.33
ADR(20)%3.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.48
Mansfield0.16
10 Day High43.12
10 Day Low35.93
20 Day High43.12
20 Day Low34.75
52 Week High43.12
52 Week Low28.87
CS1 End37.29
CR1 StartN/A
Volume & EV
DER(3)5.54%
DER(5)3.36%
Volume313.90K
Volume Incr66.7%
Vol(5)256.48K
Vol(50)207.59K