AMERICAN HOMES 4 RENT- A (AMH) Stock Technical Analysis
USA - NYSE:AMH - US02665T3068 - REIT
Taking everything into account, AMH scores 1 out of 10 in our technical rating. AMH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, AMH does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 33.30. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 32.91, a Stop Loss order could be placed below this zone.
More info and screens
32.05
When analyzing the support we notice one important area.
- A support zone ranging from 32.37 to 32.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 33.30 to 34.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @35.83 from a horizontal line in the daily time frame.
- Resistance @36.80 from a horizontal line in the daily time frame.
- Resistance @37.94 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 AMH is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AMH is neutral. |
| ChartMill Relative Strength | 18.84 | NEGATIVE | AMH has a low relative strength, it was outperformed by 81.16% 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 | NEGATIVE | The current price of AMH is below 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) | 53.06 | NEUTRAL | The RSI value for AMH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests AMH has a positive trend. |
| Stochastics (14,3) | 85.41 | OVERBOUGHT | The high Stochastics value suggests AMH may be overbought. |
| Average True Range in percent/ATR (20) | 1.65 | LOW VOLATILITY | The low ATR as a percentage value for AMH suggests low volalility. |
| Average Directional Index/ADX (14) | 20.51 | NEUTRAL | The ADX value for AMH suggests a possible start of a new trend. |
33.29
0 (0%)
AMERICAN HOMES 4 RENT- A / AMH FAQ
Can you provide the ChartMill technical rating for AMERICAN HOMES 4 RENT- A?
ChartMill assigns a technical rating of 1 / 10 to AMH.
What is the trend direction for AMH stock?
The current trend direction for AMERICAN HOMES 4 RENT- A (AMH) is Bearish.
What is the RSI signal for AMH stock?
AMERICAN HOMES 4 RENT- A (AMH) has an RSI value of 53.0621. This indicates that the stock is currently neutral.
What is the short term momentum for AMERICAN HOMES 4 RENT- A (AMH) stock?
The short term momentum for AMERICAN HOMES 4 RENT- A (AMH) is neutral.
What is the support and resistance level for AMH stock?
AMERICAN HOMES 4 RENT- A (AMH) has a support level at 32.91 and a resistance level at 33.3. Check the full technical report for our detailed analysis of AMH support and resistance levels.