AMERICAN HOMES 4 RENT- A (AMH) Stock Technical Analysis
NYSE:AMH - New York Stock Exchange, Inc. - US02665T3068 - REIT - Currency: USD
Taking everything into account, AMH scores 0 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
78% 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 63% are performing better than AMH.
In the last month AMH has a been trading in the 35.10 - 37.23 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
AMH has an average volume of 2096320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
Although the technical rating is bad, AMH does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 35.27, a Stop Loss order could be placed below this zone.
More info and screens
34.09
39.71
2 important support areas can be observed.
- 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 35.70 to 37.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 38.82 to 39.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The short term trend for AMH is down. |
| ChartMill Relative Strength | 22.33 | NEGATIVE | AMH has a low relative strength, it was outperformed by 77.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AMH is below 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) | 37.86 | NEUTRAL | The RSI value for AMH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests AMH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.16 | NEUTRAL | The Stochastics value for AMH is a neutral value. |
| Average True Range in percent/ATR (20) | 1.83 | LOW VOLATILITY | The low ATR as a percentage value for AMH suggests low volalility. |
| Average Directional Index/ADX (14) | 24.17 | NEUTRAL | The ADX value for AMH suggests a possible start of a new 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)
35.6
+0.16 (+0.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg0.45%
1 Week-1.19%
2 Weeks-2.52%
1 Month-4.33%
3 Month0.37%
6 Month-4.58%
12 Month-4.94%
2 Year-5.02%
3 Year-6.02%
5 Year22.76%
10 Year115.11%
15 YearN/A
Volatility
ATR(14)0.65
ATR(20)%1.83%
ATR Inc4.01%
Range Today0.61
ADR(20)0.64
ADR(20)%1.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.33
Mansfield-1.17
10 Day High37.06
10 Day Low35.1
20 Day High37.23
20 Day Low35.1
52 Week High41.41
52 Week Low31.68
CS1 End35.27
CR1 Start35.7
Volume & EV
DER(3)1.34%
DER(5)2.82%
Volume1.24M
Volume Incr9.53%
Vol(5)2.40M
Vol(50)2.10M