AMYLYX PHARMACEUTICALS INC (AMLX) Stock Technical Analysis
NASDAQ:AMLX - US03237H1014 - Common Stock
9.45 USD
+0.29 (+3.17%)
9.28 USD
-0.17 (-1.8%)
Taking everything into account, AMLX scores 10 out of 10 in our technical rating. 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.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that AMLX is one of the better performing stocks in the market, outperforming 98% of all stocks. On top of that, AMLX also shows a nice and consistent pattern of rising prices.
AMLX is part of the Pharmaceuticals industry. There are 193 other stocks in this industry. AMLX outperforms 98% of them.
AMLX is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month AMLX has a been trading in the 7.48 - 9.51 range, which is quite wide. It is currently trading near the high of this range.
AMLX has an average volume of 1642210 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.
Although AMLX has an excellent technical rating, it does not offer a high quality setup 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
6.49
9.55
When analyzing the support we can see 2 important areas.
- A support zone ranging from 8.24 to 8.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @6.56 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 9.46 to 9.46. 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 | UP | POSITIVE | The short term trend for AMLX is up. |
| ChartMill Relative Strength | 98.74 | POSITIVE | AMLX has a high relative strength, it outperformed 98.74% 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) | 65.13 | NEUTRAL | The RSI value for AMLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests AMLX has a positive trend. |
| Stochastics (14,3) | 79.77 | NEUTRAL | The Stochastics value for AMLX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.19 | HIGH VOLATILITY | The high ATR as a percentage value for AMLX suggests high volalility. |
| Average Directional Index/ADX (14) | 31.96 | POSITIVE | The high ADX value value for AMLX 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)
9.45
+0.29 (+3.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg3.17%
1 Week17.68%
2 Weeks13.86%
1 Month18.57%
3 Month83.5%
6 Month188.11%
12 Month325.68%
2 Year-56.17%
3 Year-62.56%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%5.19%
ATR Inc33.62%
Range Today0.57
ADR(20)0.49
ADR(20)%5.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.74
Mansfield7.62
10 Day High9.51
10 Day Low7.63
20 Day High9.51
20 Day Low7.48
52 Week High9.51
52 Week Low2.08
CS1 End8.25
CR1 Start9.46
Volume & EV
DER(3)-1.28%
DER(5)-0.46%
Volume2.12M
Volume Incr94.69%
Vol(5)1.82M
Vol(50)1.64M