ETRACS ALERIAN MIDSTREAM ENE (AMNA) Technical Analysis
NYSEARCA:AMNA • US90269A3510
Current stock price
AMNA Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to AMNA. Both in the recent history as in the last year, AMNA has proven to be a steady performer, scoring decent points in every aspect analyzed.
- In the last month AMNA has a been trading in the 53.04 - 56.52 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: AMNA has an average volume of 245 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that AMNA is one of the better performing stocks in the market, outperforming 87% of all stocks. On top of that, AMNA also shows a nice and consistent pattern of rising prices.
- AMNA is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so AMNA is performing more or less in line with the market.
- Volume is considerably higher in the last couple of days.
AMNA Weekly and Daily overview Charts
AMNA Setup Rating and Analysis
Although AMNA has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
AMNA Support and Resistance Analysis
39.21
When analyzing the support we can see 5 important areas.
- A support zone ranging from 53.55 to 53.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 51.81 to 51.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @47.26 from a trend line in the daily time frame.
- Support @41.35 from a trend line in the weekly time frame.
- Support @39.61 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 56.52 to 56.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
AMNA 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 AMNA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AMNA is neutral. |
| ChartMill Relative Strength | 87.68 | POSITIVE | AMNA has a high relative strength, it outperformed 87.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AMNA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMNA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AMNA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.48 | NEUTRAL | The RSI value for AMNA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.39 | NEGATIVE | The MACD value suggests AMNA has a negative trend. |
| Stochastics (14,3) | 22.47 | NEUTRAL | The Stochastics value for AMNA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.34 | LOW VOLATILITY | The low ATR as a percentage value for AMNA suggests low volalility. |
| Average Directional Index/ADX (14) | 35.24 | POSITIVE | The high ADX value value for AMNA suggests a strong trend. |
AMNA Chart- and CandleStick Pattern Analysis
AMNA Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:AMNA (12/11/2024, 8:25:18 PM)
53.58
-1.95 (-3.51%)
ETRACS ALERIAN MIDSTREAM ENE / AMNA TA FAQ
Can you provide the ChartMill technical rating for ETRACS ALERIAN MIDSTREAM ENE?
ChartMill assigns a technical rating of 10 / 10 to AMNA.
Can you provide the trend direction for ETRACS ALERIAN MIDSTREAM ENE?
The current trend direction for ETRACS ALERIAN MIDSTREAM ENE (AMNA) is Bullish.
What is the RSI signal for AMNA stock?
ETRACS ALERIAN MIDSTREAM ENE (AMNA) has an RSI value of 48.4842. This indicates that the stock is currently neutral.
What is the short term momentum for AMNA stock?
The short term momentum for ETRACS ALERIAN MIDSTREAM ENE (AMNA) is neutral.
What are the support and resistance levels for ETRACS ALERIAN MIDSTREAM ENE (AMNA) stock?
ETRACS ALERIAN MIDSTREAM ENE (AMNA) has a support level at 53.57 and a resistance level at 56.52. Check the full technical report for our detailed analysis of AMNA support and resistance levels.