We assign a technical rating of 4 out of 10 to AMLX. AMLX was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
AMLX has an average technical rating and also the quality of the setup is only medium 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
11.74
We found 1 important support area.
- A support zone ranging from 11.86 to 12.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @14.58 from a trend line in the daily time frame.
- A resistance zone ranging from 14.86 to 14.95. This zone is formed by a combination of multiple trend lines in the weekly time frame.
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 | DOWN | NEGATIVE | The short term trend for AMLX is down. |
| ChartMill Relative Strength | 96.8 | POSITIVE | AMLX has a high relative strength, it outperformed 96.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AMLX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AMLX is below a declining 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) | 34.68 | NEUTRAL | The RSI value for AMLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests AMLX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.23 | OVERSOLD | The low Stochastics value suggests AMLX may be oversold. |
| Average True Range in percent/ATR (20) | 6.61 | HIGH VOLATILITY | The high ATR as a percentage value for AMLX suggests high volalility. |
| Average Directional Index/ADX (14) | 19.81 | NEGATIVE | The low ADX value for AMLX suggests a weak or negative trend. |
12.02
+0.1 (+0.84%)
AMYLYX PHARMACEUTICALS INC / AMLX FAQ
What is the technical rating for AMLX stock?
ChartMill assigns a technical rating of 4 / 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 34.676. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for AMYLYX PHARMACEUTICALS INC?
The buy/sell signal for AMYLYX PHARMACEUTICALS INC (AMLX) is hold as the short term and long term trends are mixed.
Can you provide the support and resistance levels for AMYLYX PHARMACEUTICALS INC?
AMYLYX PHARMACEUTICALS INC (AMLX) has a support level at 12.01 and a resistance level at 14.58. Check the full technical report for our detailed analysis of AMLX support and resistance levels.