AMERICAN HOMES 4 RENT- A (AMH) Stock Technical Analysis
NYSE:AMH - New York Stock Exchange, Inc. - US02665T3068 - REIT - Currency: USD
We assign a technical rating of 1 out of 10 to AMH. AMH's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, AMH is a bad performer in the overall market: 69% of all stocks are doing better.
AMH is part of the Residential REITs industry. There are 20 other stocks in this industry. AMH outperforms 73% of them.
AMH has an average volume of 2127420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
AMH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AMH is lagging the market.
In the last month AMH has a been trading in a tight range between 35.10 and 36.86.
AMH has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 36.01, a Stop Loss order could be placed below this zone.
More info and screens
34.09
39.04
When analyzing the support we can see 3 important areas.
- A support zone ranging from 35.84 to 36.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @35.27 from a horizontal line in the weekly time frame.
- A support zone ranging from 34.43 to 34.59. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 36.16 to 37.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @38.65 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 | NEUTRAL | NEUTRAL | The long term trend for AMH is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AMH is neutral. |
| ChartMill Relative Strength | 31.5 | NEUTRAL | AMH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AMH is above a declining 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) | 47.17 | NEUTRAL | The RSI value for AMH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests AMH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.86 | NEUTRAL | The Stochastics value for AMH is a neutral value. |
| Average True Range in percent/ATR (20) | 1.54 | LOW VOLATILITY | The low ATR as a percentage value for AMH suggests low volalility. |
| Average Directional Index/ADX (14) | 19.01 | NEGATIVE | The low ADX value for AMH suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
36.01
-0.25 (-0.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg-0.69%
1 Week-0.39%
2 Weeks0.7%
1 Month-0.06%
3 Month-2.23%
6 Month4.08%
12 Month1.75%
2 Year-3.92%
3 Year-4.94%
5 Year24.17%
10 Year117.58%
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%1.54%
ATR Inc-26.41%
Range Today0.41
ADR(20)0.55
ADR(20)%1.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.5
Mansfield-1.17
10 Day High36.86
10 Day Low35.39
20 Day High36.86
20 Day Low35.1
52 Week High41.41
52 Week Low31.68
CS1 End36.01
CR1 Start36.16
Volume & EV
DER(3)-2.97%
DER(5)-2.64%
Volume1.21M
Volume Incr-35.79%
Vol(5)1.58M
Vol(50)2.13M