ANTERO MIDSTREAM GP LP (AMGP) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AMGP -
We assign a technical rating of 1 out of 10 to AMGP. AMGP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
AMGP has a poor technical rating and the quality of the setup is also not perfect 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
11.98
When analyzing the support we notice one important area.
- Support @12.10 from a horizontal line in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 12.90 to 13.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.57 from a trend line in the daily time frame.
- A resistance zone ranging from 13.94 to 14.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.32 from a horizontal line in the daily time frame.
- Resistance @15.22 from a trend 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 | DOWN | NEGATIVE | The long term trend for AMGP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AMGP is down. |
| ChartMill Relative Strength | 8.45 | NEGATIVE | AMGP has a low relative strength, it was outperformed by 91.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AMGP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AMGP is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AMGP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.47 | NEUTRAL | The RSI value for AMGP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests AMGP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.44 | OVERSOLD | The low Stochastics value suggests AMGP may be oversold. |
| Average True Range in percent/ATR (20) | 3.89 | MEDIUM VOLATILITY | The ATR as a percentage value for AMGP suggests some volalility. |
12.54
+0.19 (+1.54%)
ANTERO MIDSTREAM GP LP / AMGP FAQ
What is the technical rating for AMGP stock?
ChartMill assigns a technical rating of 1 / 10 to AMGP.
What is the trend direction for AMGP stock?
The current trend direction for ANTERO MIDSTREAM GP LP (AMGP) is Bearish.
Can you provide the RSI signal for ANTERO MIDSTREAM GP LP?
ANTERO MIDSTREAM GP LP (AMGP) has an RSI value of 42.4655. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ANTERO MIDSTREAM GP LP?
The MACD indicator for ANTERO MIDSTREAM GP LP (AMGP) has a value of -0.110386, indicating a bearish trend.
What is the support and resistance level for AMGP stock?
ANTERO MIDSTREAM GP LP (AMGP) has a support level at 12.1 and a resistance level at 12.9. Check the full technical report for our detailed analysis of AMGP support and resistance levels.