AMM Technical Analysis - GROUNDS REAL ESTATE DEV/THE

Technical Rating and Analysis

Overall AMM gets a technical rating of 1 out of 10. In the last year, AMM was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.

When comparing the yearly performance of all stocks, AMM is a bad performer in the overall market: 100% of all stocks are doing better.

AMM is one of the lesser performing stocks in the Real Estate Management & Development industry. 87% of 75 stocks in the same industry do better.

In the last month AMM has a been trading in the 1.05 - 1.34 range, which is quite wide. It is currently trading near the lows of this range.

Prices have been falling strongly lately, it is better to avoid new long positions here.

Warning: AMM has an average volume of 1268 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.

Considerably lower volume is observed in the last couple of days.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

GROUNDS REAL ESTATE DEV/THE / AMM Weekly stock chart

GROUNDS REAL ESTATE DEV/THE / AMM Daily stock chart

Setup Rating and Analysis

The technical rating of AMM is bad and it also does not present a 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

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

1.04

1.23

We can see 2 important resistance areas.

A resistance zone ranging from 1.12 to 1.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @1.22 from a trend line in the daily time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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 AMM.DE is up.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for AMM.DE is down.
ChartMill Relative Strength	0	NEGATIVE	AMM.DE has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of AMM.DE is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of AMM.DE is below a declining SMA(50).
Relative Strength Index/RSI (14)	33.98	NEUTRAL	The RSI value for AMM.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.02	NEGATIVE	The MACD value suggests AMM.DE has a negative trend.
Stochastics (14,3)	11.6	OVERSOLD	The low Stochastics value suggests AMM.DE may be oversold.
Average True Range in percent/ATR (20)	4.62	MEDIUM VOLATILITY	The ATR as a percentage value for AMM.DE suggests some volalility.
Average Directional Index/ADX (14)	20.68	NEUTRAL	The ADX value for AMM.DE suggests a possible start of a new trend.