APOLLO MEDICAL HOLDINGS INC (AMEH) Technical Analysis
NASDAQ:AMEH • US03763A2078
Current stock price
AMEH Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to AMEH. Although AMEH 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.
- AMEH is part of the Health Care Providers & Services industry. There are 100 other stocks in this industry. AMEH outperforms 77% of them.
- AMEH is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with 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 relatively good performance is mostly due to a recent big move.
AMEH Weekly and Daily overview Charts
AMEH Setup Rating and Analysis
Although AMEH has an excellent technical rating, it does not offer a high quality setup 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
AMEH Support and Resistance Analysis
29.25
When analyzing the support we can see 4 important 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.
AMEH 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 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. |
AMEH Chart- and CandleStick Pattern Analysis
AMEH Technicals: Chart, Performance Metrics, Trend & Indicators
40.82
-0.88 (-2.11%)
APOLLO MEDICAL HOLDINGS INC / AMEH TA FAQ
Can you provide the ChartMill technical rating for APOLLO MEDICAL HOLDINGS INC?
ChartMill assigns a technical rating of 8 / 10 to AMEH.
What is the current trend direction of APOLLO MEDICAL HOLDINGS INC (AMEH) stock?
The current trend direction for APOLLO MEDICAL HOLDINGS INC (AMEH) is Bullish.
What is the RSI signal for APOLLO MEDICAL HOLDINGS INC (AMEH) stock?
APOLLO MEDICAL HOLDINGS INC (AMEH) has an RSI value of 62.6749. This indicates that the stock is currently neutral.
What is the short term momentum for AMEH stock?
The short term momentum for APOLLO MEDICAL HOLDINGS INC (AMEH) is positive.
Can you provide the support and resistance levels for APOLLO MEDICAL HOLDINGS INC?
APOLLO MEDICAL HOLDINGS INC (AMEH) has a support level at 37.29. Check the full technical report for our detailed analysis of AMEH support and resistance levels.