AMERICAN HOMES 4 RENT- A (AMH) Technical Analysis
NYSE:AMH • US02665T3068
Current stock price
AMH Technical Rating and Analysis
Overall AMH gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. AMH was also a bad performer in the overall market in the last year.
- 83% of all other stocks performed better in the past year than AMH.
- AMH is part of the Residential REITs industry. There are 20 other stocks in this industry, of which 73% are performing better than AMH.
- AMH is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month AMH has a been trading in the 27.21 - 30.77 range, which is quite wide. It is currently trading near the high of this range.
- AMH has an average volume of 4031340 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- Considerably lower volume is observed in the last couple of days.
AMH Weekly and Daily overview Charts
AMH Setup Rating and Analysis
The technical rating of AMH is bad and it also does not present a 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
AMH Support and Resistance Analysis
27.11
When analyzing the support we can see 3 important areas.
- Support @30.63 from a trend line in the daily time frame.
- A support zone ranging from 29.53 to 29.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 27.38 to 27.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 30.70 to 30.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 32.35 to 32.47. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @36.57 from a trend line in the weekly time frame.
AMH Technical Indicator Signal Analysis
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 AMH is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMH is up. |
| ChartMill Relative Strength | 17.25 | NEGATIVE | AMH has a low relative strength, it was outperformed by 82.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AMH is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AMH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 69.6 | NEUTRAL | The RSI value for AMH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests AMH has a positive trend. |
| Stochastics (14,3) | 92.7 | OVERBOUGHT | The high Stochastics value suggests AMH may be overbought. |
| Average True Range in percent/ATR (20) | 1.86 | LOW VOLATILITY | The low ATR as a percentage value for AMH suggests low volalility. |
| Average Directional Index/ADX (14) | 31.42 | POSITIVE | The high ADX value value for AMH suggests a strong trend. |
AMH Chart- and CandleStick Pattern Analysis
AMH Technicals: Chart, Performance Metrics, Trend & Indicators
30.69
+0.73 (+2.44%)
AMERICAN HOMES 4 RENT- A / AMH TA FAQ
Can you provide the ChartMill technical rating for AMERICAN HOMES 4 RENT- A?
ChartMill assigns a technical rating of 2 / 10 to AMH.
What is the current trend direction of AMERICAN HOMES 4 RENT- A (AMH) stock?
The current trend direction for AMERICAN HOMES 4 RENT- A (AMH) is Bearish.
What is the RSI signal for AMERICAN HOMES 4 RENT- A (AMH) stock?
AMERICAN HOMES 4 RENT- A (AMH) has an RSI value of 69.5958. This indicates that the stock is currently neutral.
What is the MACD signal for AMERICAN HOMES 4 RENT- A (AMH) stock?
The MACD indicator for AMERICAN HOMES 4 RENT- A (AMH) has a value of 0.273654, indicating a bearish trend.
What is the buy/sell signal for AMH stock?
The buy/sell signal for AMERICAN HOMES 4 RENT- A (AMH) is hold as the short term and long term trends are mixed.