AMG CRITICAL MATERIALS N.V. (AMG.AS)

NL0000888691 - Common Stock

23.3  +0.26 (+1.13%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to AMG. AMG has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.

86% of all other stocks performed better in the past year than AMG.
AMG is part of the Metals & Mining industry. There are 41 other stocks in this industry, of which 72% are performing better than AMG.
AMG is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AMG is lagging the market.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month AMG has a been trading in the 20.57 - 24.86 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
AMG Weekly chart
AMG Daily chart
Setup Rating and Analysis

6

Although the technical rating is only medium, AMG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 22.29, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

20.57

25.49

We found 2 important support areas.

  • A support zone ranging from 21.69 to 22.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 20.78 to 21.04. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

  • A resistance zone ranging from 23.93 to 23.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 24.46 to 24.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @25.24 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.84
Mansfield-2.94
10 Day High24.86
10 Day Low22.96
20 Day High24.86
20 Day Low20.57
52 Week High49.99
52 Week Low16.65
Performance
1 Week-4.64%
2 Weeks-1.54%
1 Month7.87%
3 Month10.08%
6 Month-5.61%
12 Month-31.79%
2 Year-38.76%
3 Year-27.82%
5 Year-14.73%
10 Year217.97%
15 Year421.62%
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)
Technical Indicators
MACD(12,26,9)-0.13
RSI(14)52.06
LBB22.64
UBB24.79
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.

ENTRYEXITDISTANCECAPITAL
23.9922.951.04 (4.34%)23.07%
An entry @23.99. This is a Buy Stop order right above the resistance zone.An exit @22.95. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 1.04 points, which is 4.34%.For a 1.00% total portfolio risk, you can invest 23.07% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of AMG. Please evaluate whether better entry and exit points can be found.
  • 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.
AMG Daily chart

AMG CRITICAL MATERIALS N.V.

AMS:AMG (4/25/2024, 5:29:49 PM)

23.3

+0.26 (+1.13%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.13%
1 Week-4.64%
2 Weeks-1.54%
1 Month7.87%
3 Month10.08%
6 Month-5.61%
12 Month-31.79%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.77
ATR(20)%3.41%
ATR Inc
Range Today0.62
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High24.86
10 Day Low22.96
20 Day High24.86
20 Day Low20.57
52 Week High49.99
52 Week Low16.65
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume38.92K
Volume Incr-19.07%
Vol(5)173.70K
Vol(50)241.98K