AFFILIATED MANAGERS GROUP (AMG) Stock Technical Analysis
USA - NYSE:AMG - US0082521081 - Common Stock
Taking everything into account, AMG scores 10 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.
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.
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146.92
When analyzing the support we can see 3 important areas.
- A support zone ranging from 239.18 to 243.00. 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 230.77 to 234.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | 88.92 | POSITIVE | AMG has a high relative strength, it outperformed 88.92% 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) | 66.55 | NEUTRAL | The RSI value for AMG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.05 | POSITIVE | The MACD value suggests AMG has a positive trend. |
| Stochastics (14,3) | 91.09 | OVERBOUGHT | The high Stochastics value suggests AMG may be overbought. |
| Average True Range in percent/ATR (20) | 2.76 | MEDIUM VOLATILITY | The ATR as a percentage value for AMG suggests some volalility. |
| Average Directional Index/ADX (14) | 24.14 | NEUTRAL | The ADX value for AMG suggests a possible start of a new trend. |
259.26
+0.47 (+0.18%)
AFFILIATED MANAGERS GROUP / AMG FAQ
What is the ChartMill technical rating of AFFILIATED MANAGERS GROUP (AMG) stock?
ChartMill assigns a technical rating of 10 / 10 to AMG.
What is the current trend direction of AFFILIATED MANAGERS GROUP (AMG) stock?
The current trend direction for AFFILIATED MANAGERS GROUP (AMG) is Bullish.
Can you provide the RSI signal for AFFILIATED MANAGERS GROUP?
AFFILIATED MANAGERS GROUP (AMG) has an RSI value of 66.5542. This indicates that the stock is currently neutral.
Can you provide the short term momentum for AFFILIATED MANAGERS GROUP?
The short term momentum for AFFILIATED MANAGERS GROUP (AMG) is positive.
Can you provide the buy/sell signal for AFFILIATED MANAGERS GROUP?
The buy/sell signal for AFFILIATED MANAGERS GROUP (AMG) is buy as both the short term and long term trends are positive.