AMKOR TECHNOLOGY INC (AMKR) Technical Analysis
NASDAQ:AMKR • US0316521006
Current stock price
AMKR Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to AMKR. Both in the recent history as in the last year, AMKR has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that AMKR is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by AMKR over the past year are nicely spread over this period.
- AMKR is part of the Semiconductors & Semiconductor Equipment industry. There are 115 other stocks in this industry. AMKR outperforms 89% of them.
- A new 52 week high is currently being made by AMKR, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month AMKR has a been trading in the 40.69 - 72.91 range, which is quite wide. It is currently trading near the high of this range.
- AMKR has an average volume of 4281980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
AMKR Weekly and Daily overview Charts
AMKR Setup Rating and Analysis
Although AMKR has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
AMKR Support and Resistance Analysis
40.86
We found 3 important support areas.
- Support @45.51 from a trend line in the weekly time frame.
- Support @43.16 from a trend line in the daily time frame.
- A support zone ranging from 41.27 to 41.47. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for AMKR is up. |
| ChartMill Relative Strength | 98.21 | POSITIVE | AMKR has a high relative strength, it outperformed 98.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMKR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMKR is above the rising 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) | 78.38 | OVERBOUGHT | The high RSI value suggests AMKR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.02 | POSITIVE | The MACD value suggests AMKR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.31 | OVERBOUGHT | The high Stochastics value suggests AMKR may be overbought. |
| Average True Range in percent/ATR (20) | 5.23 | HIGH VOLATILITY | The high ATR as a percentage value for AMKR suggests high volalility. |
| Average Directional Index/ADX (14) | 24.5 | NEUTRAL | The ADX value for AMKR suggests a possible start of a new trend. |
AMKR Chart- and CandleStick Pattern Analysis
AMKR Technicals: Chart, Performance Metrics, Trend & Indicators
70.21
+0.77 (+1.11%)
AMKOR TECHNOLOGY INC / AMKR TA FAQ
What is the technical rating for AMKR stock?
ChartMill assigns a technical rating of 10 / 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.
What is the RSI signal for AMKR stock?
AMKOR TECHNOLOGY INC (AMKR) has an RSI value of 78.3843. This indicates that the stock is currently overbought.
What is the short term momentum for AMKOR TECHNOLOGY INC (AMKR) stock?
The short term momentum for AMKOR TECHNOLOGY INC (AMKR) is positive.
Can you provide the support and resistance levels for AMKOR TECHNOLOGY INC?
AMKOR TECHNOLOGY INC (AMKR) has a support level at 45.51. Check the full technical report for our detailed analysis of AMKR support and resistance levels.