AFFILIATED MANAGERS GROUP (AMG) Stock Technical Analysis
NYSE:AMG - New York Stock Exchange, Inc. - US0082521081 - Common Stock - Currency: USD
Overall AMG gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AMG is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
AMG is one of the better performing stocks in the Capital Markets industry, it outperforms 78% of 233 stocks in the same industry.
AMG 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 AMG has a been trading in the 179.79 - 208.05 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that AMG is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Although AMG 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
146.92
209.04
5 important support areas can be observed.
- A support zone ranging from 193.50 to 195.40. 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 183.11 to 188.22. 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 @154.04 from a trend line in the weekly time frame.
- Support @148.40 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 202.58 to 206.97. This zone is formed by a combination of multiple trend lines and important moving averages 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 AMG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMG is up. |
| ChartMill Relative Strength | 82.24 | POSITIVE | AMG has a high relative strength, it outperformed 82.24% 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) | 60.86 | NEUTRAL | The RSI value for AMG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests AMG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.05 | OVERBOUGHT | The high Stochastics value suggests AMG may be overbought. |
| Average True Range in percent/ATR (20) | 2.26 | MEDIUM VOLATILITY | The ATR as a percentage value for AMG suggests some volalility. |
| Average Directional Index/ADX (14) | 42.64 | 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)
200.22
-6.38 (-3.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-3.09%
1 Week-0.82%
2 Weeks1.75%
1 Month10%
3 Month28.27%
6 Month7.07%
12 Month19.22%
2 Year44.42%
3 Year58.43%
5 Year191.06%
10 Year-3.69%
15 Year182.68%
Volatility
ATR(14)4.41
ATR(20)%2.26%
ATR Inc13.4%
Range Today6.2
ADR(20)4.14
ADR(20)%2.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.24
Mansfield0.44
10 Day High208.05
10 Day Low194.76
20 Day High208.05
20 Day Low179.79
52 Week High208.05
52 Week Low139.22
CS1 End195.4
CR1 Start202.58
Volume & EV
DER(3)2.32%
DER(5)2.19%
Volume185.20K
Volume Incr-31.4%
Vol(5)163.02K
Vol(50)244.87K