AFFILIATED MANAGERS GROUP (AMG) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AMG - US0082521081 - Common Stock
Overall AMG gets a technical rating of 10 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.
AMG has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
146.92
We found 4 important support areas.
- A support zone ranging from 265.90 to 268.48. 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 250.45 to 256.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @231.01 from a horizontal line in the daily 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 | 89.75 | POSITIVE | AMG has a high relative strength, it outperformed 89.75% 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) | 67.02 | NEUTRAL | The RSI value for AMG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.62 | POSITIVE | The MACD value suggests AMG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.16 | OVERBOUGHT | The high Stochastics value suggests AMG may be overbought. |
| Average True Range in percent/ATR (20) | 2.63 | MEDIUM VOLATILITY | The ATR as a percentage value for AMG suggests some volalility. |
| Average Directional Index/ADX (14) | 36.79 | POSITIVE | The high ADX value value for AMG suggests a strong trend. |
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 283.22 | 265.89 | 17.33 (6.12%) | 16.34% |
| An entry @283.22. This is a Buy Stop order right above the 10 day high. | An exit @265.89. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 17.33 points, which is 6.12%. | For a 1.00% total portfolio risk, you can invest 16.34% of your capital in this trade. |
- 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.
277.41
-2.75 (-0.98%)
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 67.019. 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.