AMKOR TECHNOLOGY INC (AMKR) Stock Technical Analysis
NASDAQ:AMKR - US0316521006 - Common Stock
24.58 USD
+0.22 (+0.9%)
24.4 USD
-0.18 (-0.73%)
Overall AMKR gets a technical rating of 8 out of 10. Although AMKR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
In the last month AMKR has a been trading in the 21.57 - 24.97 range, which is quite wide. It is currently trading near the high of this range.
AMKR has an average volume of 2063000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, AMKR turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
AMKR is part of the Semiconductors & Semiconductor Equipment industry. There are 110 other stocks in this industry, AMKR did better than 48% of them.
AMKR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AMKR is lagging the market.
Although AMKR has an excellent technical rating, the quality of the presented setup is 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
20.93
25.44
We found 2 important support areas.
- Support @23.06 from a trend line in the daily time frame.
- A support zone ranging from 21.14 to 21.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 24.59 to 25.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 51.82 | NEUTRAL | AMKR is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of AMKR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.93 | NEUTRAL | The RSI value for AMKR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests AMKR has a positive trend. |
| Stochastics (14,3) | 76.99 | NEUTRAL | The Stochastics value for AMKR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.04 | MEDIUM VOLATILITY | The ATR as a percentage value for AMKR suggests some volalility. |
| Average Directional Index/ADX (14) | 24.94 | NEUTRAL | The ADX value for AMKR suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 25.20 | 22.73 | 2.47 (9.80%) | 10.20% |
| An entry @25.20. This is a Buy Stop order right above the resistance zone. | An exit @22.73. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.47 points, which is 9.80%. | For a 1.00% total portfolio risk, you can invest 10.20% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
24.58
+0.22 (+0.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg0.9%
1 Week6.87%
2 Weeks-1.52%
1 Month2.67%
3 Month36.4%
6 Month16.49%
12 Month-25.29%
2 Year-12.09%
3 Year22.11%
5 Year101.56%
10 Year355.19%
15 Year383.86%
Volatility
ATR(14)0.69
ATR(20)%3.04%
ATR Inc-51.83%
Range Today0.34
ADR(20)0.68
ADR(20)%2.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.82
Mansfield-0.42
10 Day High24.69
10 Day Low22.74
20 Day High24.97
20 Day Low21.57
52 Week High32.47
52 Week Low14.03
CS1 End23.06
CR1 Start24.59
Volume & EV
DER(3)1.09%
DER(5)3.12%
Volume1.56M
Volume Incr-39.43%
Vol(5)1.63M
Vol(50)2.06M