AMERICAN HOMES 4 RENT- A (AMH) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AMH - US02665T3068 - REIT
Overall AMH gets a technical rating of 0 out of 10. 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 31.91. Right above this resistance zone may be a good entry point.
More info and screens
30.52
We found 1 important support area.
- Support @30.83 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 31.91 to 32.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 33.37 to 33.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @34.15 from a trend line in the daily time frame.
- Resistance @37.45 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 | 24.44 | NEGATIVE | AMH has a low relative strength, it was outperformed by 75.56% off all stocks 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) | 53.87 | NEUTRAL | The RSI value for AMH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests AMH has a positive trend. |
| Stochastics (14,3) | 77.46 | NEUTRAL | The Stochastics value for AMH is a neutral value. |
| Average True Range in percent/ATR (20) | 1.69 | LOW VOLATILITY | The low ATR as a percentage value for AMH suggests low volalility. |
| Average Directional Index/ADX (14) | 16.69 | NEGATIVE | The low ADX value for AMH suggests a weak or negative trend. |
31.89
+0.06 (+0.19%)
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 0 / 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 53.8734. 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 30.83 and a resistance level at 31.91. Check the full technical report for our detailed analysis of AMH support and resistance levels.