X-Links Mthy Pay 2X Leveraged Alerian MLP (AMJL) Technical Analysis
NYSEARCA:AMJL
Current stock price
AMJL Technical Rating and Analysis
Taking everything into account, AMJL scores 0 out of 10 in our technical rating. AMJL 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.
- 100% of all other stocks performed better in the past year than AMJL.
- AMJL is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so AMJL is lagging the market.
- In the last month AMJL has a been trading in the 1.19 - 8.96 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
AMJL Weekly and Daily overview Charts
AMJL Setup Rating and Analysis
The technical rating of AMJL 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
AMJL Support and Resistance Analysis
AMJL 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 AMJL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AMJL is down. |
| ChartMill Relative Strength | 0.45 | NEGATIVE | AMJL has a low relative strength, it was outperformed by 99.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AMJL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AMJL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AMJL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 12.46 | OVERSOLD | The low RSI value suggests AMJL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests AMJL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.04 | OVERSOLD | The low Stochastics value suggests AMJL may be oversold. |
| Average True Range in percent/ATR (20) | 71.99 | HIGH VOLATILITY | The high ATR as a percentage value for AMJL suggests high volalility. |
AMJL Chart- and CandleStick Pattern Analysis
AMJL Technicals: Chart, Performance Metrics, Trend & Indicators
X-Links Mthy Pay 2X Leveraged Alerian MLP
NYSEARCA:AMJL (3/18/2020, 8:17:33 PM)
1.2
-0.36 (-22.86%)
X-Links Mthy Pay 2X Leveraged Alerian MLP / AMJL TA FAQ
Can you provide the ChartMill technical rating for X-Links Mthy Pay 2X Leveraged Alerian MLP?
ChartMill assigns a technical rating of 0 / 10 to AMJL.
What is the trend direction for AMJL stock?
The current trend direction for X-Links Mthy Pay 2X Leveraged Alerian MLP (AMJL) is Bearish.
What is the RSI signal for AMJL stock?
X-Links Mthy Pay 2X Leveraged Alerian MLP (AMJL) has an RSI value of 12.4608. This indicates that the stock is currently oversold.
Can you provide the short term momentum for X-Links Mthy Pay 2X Leveraged Alerian MLP?
The short term momentum for X-Links Mthy Pay 2X Leveraged Alerian MLP (AMJL) is negative.