AFFILIATED MANAGERS GROUP (AMG) Stock Technical Analysis
NYSE:AMG - New York Stock Exchange, Inc. - US0082521081 - Common Stock - Currency: USD
Taking everything into account, AMG scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, AMG has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
AMG is part of the Capital Markets industry. There are 233 other stocks in this industry. AMG outperforms 80% of them.
AMG is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month AMG has a been trading in the 179.04 - 202.67 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, AMG did better than 84% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Volume is considerably higher in the last couple of days.
Although AMG 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
146.92
203.46
When analyzing the support we can see 5 important areas.
- A support zone ranging from 188.04 to 189.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 180.14 to 183.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 173.96 to 173.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @153.34 from a trend line in the weekly time frame.
- Support @148.40 from a horizontal line in the weekly time frame.
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 AMG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMG is up. |
| ChartMill Relative Strength | 84 | POSITIVE | AMG has a high relative strength, it outperformed 84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AMG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 77.69 | OVERBOUGHT | The high RSI value suggests AMG may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.38 | POSITIVE | The MACD value suggests AMG has a positive trend. |
| Stochastics (14,3) | 94.54 | OVERBOUGHT | The high Stochastics value suggests AMG may be overbought. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for AMG suggests some volalility. |
| Average Directional Index/ADX (14) | 34.33 | POSITIVE | The high ADX value value for AMG 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)
201.45
+0.95 (+0.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0.47%
1 Week4.83%
2 Weeks9.16%
1 Month12.11%
3 Month35.38%
6 Month6.84%
12 Month30.15%
2 Year45.3%
3 Year59.4%
5 Year192.85%
10 Year-3.1%
15 Year184.41%
Volatility
ATR(14)4.78
ATR(20)%2.08%
ATR Inc1.55%
Range Today4.8
ADR(20)3.88
ADR(20)%1.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84
Mansfield0.48
10 Day High202.67
10 Day Low180.88
20 Day High202.67
20 Day Low179.04
52 Week High202.67
52 Week Low139.22
CS1 End189.48
CR1 StartN/A
Volume & EV
DER(3)1.9%
DER(5)1.86%
Volume401.70K
Volume Incr87.96%
Vol(5)374.14K
Vol(50)242.66K