AMN HEALTHCARE SERVICES INC (AMN) Technical Analysis
NYSE:AMN • US0017441017
Current stock price
AMN Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to AMN. Although AMN is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- 69% of all other stocks performed better in the past year than AMN.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month AMN has a been trading in the 17.62 - 21.64 range, which is quite wide. It is currently trading near the high of this range.
- AMN has an average volume of 1024460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- AMN is an average performer in the Health Care Providers & Services industry, it outperforms 49% of 100 stocks in the same industry.
- AMN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AMN is lagging the market.
AMN Weekly and Daily overview Charts
AMN Setup Rating and Analysis
AMN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 21.17. Right above this resistance zone may be a good entry point.
More info and screens
AMN Support and Resistance Analysis
17.75
2 important support areas can be observed.
- A support zone ranging from 18.43 to 18.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.93 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 21.17 to 21.30. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @21.92 from a horizontal line in the weekly time frame.
AMN 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 AMN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMN is up. |
| ChartMill Relative Strength | 31.11 | NEUTRAL | AMN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AMN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.33 | NEUTRAL | The RSI value for AMN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests AMN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.71 | OVERBOUGHT | The high Stochastics value suggests AMN may be overbought. |
| Average True Range in percent/ATR (20) | 4.15 | MEDIUM VOLATILITY | The ATR as a percentage value for AMN suggests some volalility. |
| Average Directional Index/ADX (14) | 18.51 | NEGATIVE | The low ADX value for AMN suggests a weak or negative trend. |
AMN Chart- and CandleStick Pattern Analysis
AMN Example Setup
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 |
|---|---|---|---|
| 21.31 | 19.72 | 1.59 (7.46%) | 13.40% |
| An entry @21.31. This is a Buy Stop order right above the resistance zone. | An exit @19.72. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.59 points, which is 7.46%. | When investing 13.40% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
AMN Technicals: Chart, Performance Metrics, Trend & Indicators
21.12
+0.65 (+3.18%)
AMN HEALTHCARE SERVICES INC / AMN TA FAQ
What is the technical rating for AMN stock?
ChartMill assigns a technical rating of 7 / 10 to AMN.
Can you provide the trend direction for AMN HEALTHCARE SERVICES INC?
The current trend direction for AMN HEALTHCARE SERVICES INC (AMN) is Bullish.
Can you provide the RSI signal for AMN HEALTHCARE SERVICES INC?
AMN HEALTHCARE SERVICES INC (AMN) has an RSI value of 60.3332. This indicates that the stock is currently neutral.
What is the buy/sell signal for AMN HEALTHCARE SERVICES INC (AMN) stock?
The buy/sell signal for AMN HEALTHCARE SERVICES INC (AMN) is buy as both the short term and long term trends are positive.
What is the support and resistance level for AMN stock?
AMN HEALTHCARE SERVICES INC (AMN) has a support level at 18.46 and a resistance level at 21.17. Check the full technical report for our detailed analysis of AMN support and resistance levels.