AMKOR TECHNOLOGY INC (AMKR) Technical Analysis
NASDAQ:AMKR • US0316521006
Current stock price
AMKR Technical Rating and Analysis
Overall AMKR gets a technical rating of 7 out of 10. In the last year, AMKR was one of the better performers, but we do observe some doubts in the very recent evolution.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the yearly performance of all stocks, we notice that AMKR is one of the better performing stocks in the market, outperforming 96% of all stocks. On top of that, AMKR also shows a nice and consistent pattern of rising prices.
- AMKR is part of the Semiconductors & Semiconductor Equipment industry. There are 115 other stocks in this industry. AMKR outperforms 80% of them.
- AMKR 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 AMKR is performing more or less in line with the market.
- AMKR has an average volume of 4485640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month AMKR has a been trading in the 40.22 - 51.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AMKR Weekly and Daily overview Charts
AMKR Setup Rating and Analysis
AMKR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 42.16, a Stop Loss order could be placed below this zone.
More info and screens
AMKR Support and Resistance Analysis
38.76
When analyzing the support we can see 2 important areas.
- A support zone ranging from 41.26 to 42.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @39.15 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 48.10 to 48.14. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
AMKR 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 | UP | POSITIVE | The long term trend for AMKR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AMKR is neutral. |
| ChartMill Relative Strength | 96.11 | POSITIVE | AMKR has a high relative strength, it outperformed 96.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AMKR is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AMKR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AMKR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.23 | NEUTRAL | The RSI value for AMKR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.36 | POSITIVE | The MACD value suggests AMKR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.48 | OVERBOUGHT | The high Stochastics value suggests AMKR may be overbought. |
| Average True Range in percent/ATR (20) | 5.87 | HIGH VOLATILITY | The high ATR as a percentage value for AMKR suggests high volalility. |
| Average Directional Index/ADX (14) | 14.3 | NEGATIVE | The low ADX value for AMKR suggests a weak or negative trend. |
AMKR Chart- and CandleStick Pattern Analysis
AMKR Technicals: Chart, Performance Metrics, Trend & Indicators
45.81
-2.32 (-4.82%)
AMKOR TECHNOLOGY INC / AMKR TA FAQ
What is the technical rating for AMKR stock?
ChartMill assigns a technical rating of 7 / 10 to AMKR.
What is the current trend direction of AMKOR TECHNOLOGY INC (AMKR) stock?
The current trend direction for AMKOR TECHNOLOGY INC (AMKR) is Bullish.
Can you provide the RSI signal for AMKOR TECHNOLOGY INC?
AMKOR TECHNOLOGY INC (AMKR) has an RSI value of 49.2254. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AMKOR TECHNOLOGY INC?
The MACD indicator for AMKOR TECHNOLOGY INC (AMKR) has a value of 0.36113, indicating a bearish trend.