AssetMark Financial Holdings Inc (AMK) Stock Technical Analysis
NYSE:AMK - New York Stock Exchange, Inc. - US04546L1061 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to AMK. In the last year, AMK was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long and short term trends are both positive. This is looking good!
AMK is one of the better performing stocks in the Capital Markets industry, it outperforms 73% of 232 stocks in the same industry.
AMK is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so AMK is performing more or less in line with the market.
When comparing the yearly performance of all stocks, we notice that AMK is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
In the last month AMK has a been trading in a tight range between 34.61 and 35.36.
Volume is considerably higher in the last couple of days.
AMK has an average technical rating and the quality of the presented setup is also not ideal 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
22.76
36.51
When analyzing the support we can see 3 important areas.
- A support zone ranging from 33.78 to 35.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.73 from a trend line in the weekly time frame.
- Support @22.99 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 35.40 to 35.47. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @36.15 from a horizontal 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 | UP | POSITIVE | The long term trend for AMK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMK is up. |
| ChartMill Relative Strength | 73.24 | POSITIVE | AMK has a high relative strength, it outperformed 73.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AMK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.62 | OVERBOUGHT | The high RSI value suggests AMK may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests AMK has a positive trend. |
| Stochastics (14,3) | 74.77 | NEUTRAL | The Stochastics value for AMK is a neutral value. |
| Average True Range in percent/ATR (20) | 0.35 | LOW VOLATILITY | The low ATR as a percentage value for AMK suggests low volalility. |
| Average Directional Index/ADX (14) | 46.3 | POSITIVE | The high ADX value value for AMK suggests a strong 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)
35.24
-0.02 (-0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.06%
1 Week0.46%
2 Weeks0.71%
1 Month1.85%
3 Month2.8%
6 Month-2.49%
12 Month26.85%
2 Year92.67%
3 Year41.7%
5 Year35.28%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%0.35%
ATR Inc4.28%
Range Today0.03
ADR(20)0.11
ADR(20)%0.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.24
Mansfield-0.08
10 Day High35.36
10 Day Low34.95
20 Day High35.36
20 Day Low34.61
52 Week High37.54
52 Week Low22.92
CS1 End35.11
CR1 Start35.4
Volume & EV
DER(3)-1.54%
DER(5)0.27%
Volume1.47M
Volume Incr99.91%
Vol(5)862.58K
Vol(50)493.44K