Overall AMLX gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AMLX is showing a nice and steady performance.
AMLX has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 14.89. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.31, a Stop Loss order could be placed below this zone.
More info and screens
12.05
2 important support areas can be observed.
- A support zone ranging from 13.00 to 13.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.17 to 12.30. 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 14.89 to 14.99. 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 AMLX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AMLX is neutral. |
| ChartMill Relative Strength | 97.41 | POSITIVE | AMLX has a high relative strength, it outperformed 97.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMLX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMLX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AMLX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.82 | NEUTRAL | The RSI value for AMLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests AMLX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.76 | NEUTRAL | The Stochastics value for AMLX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.48 | HIGH VOLATILITY | The high ATR as a percentage value for AMLX suggests high volalility. |
| Average Directional Index/ADX (14) | 18.65 | NEGATIVE | The low ADX value for AMLX suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 15.00 | 13.07 | 1.93 (12.84%) | 7.79% |
| An entry @15.00. This is a Buy Stop order right above the resistance zone. | An exit @13.07. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.93 points, which is 12.84%. | For a 1.00% total portfolio risk, you can invest 7.79% 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.
14.21
+0.46 (+3.35%)
AMYLYX PHARMACEUTICALS INC / AMLX FAQ
What is the technical rating for AMLX stock?
ChartMill assigns a technical rating of 10 / 10 to AMLX.
Can you provide the trend direction for AMYLYX PHARMACEUTICALS INC?
The current trend direction for AMYLYX PHARMACEUTICALS INC (AMLX) is Bullish.
Can you provide the RSI signal for AMYLYX PHARMACEUTICALS INC?
AMYLYX PHARMACEUTICALS INC (AMLX) has an RSI value of 52.818. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for AMYLYX PHARMACEUTICALS INC?
AMYLYX PHARMACEUTICALS INC (AMLX) has a support level at 13.31 and a resistance level at 14.89. Check the full technical report for our detailed analysis of AMLX support and resistance levels.