ETRACS ALERIAN MIDSTREAM ENE (AMNA) Stock Technical Analysis
NYSEARCA:AMNA - NYSE Arca - US90269A3510 - ETF - Currency: USD
Taking everything into account, AMNA scores 10 out of 10 in our technical rating. 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 gets the benefit of the doubt for now.
Looking at the yearly performance, AMNA did better than 87% of all other 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.
Although AMNA has an excellent technical rating, it does not present a decent entry opportunity 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
39.21
57.09
We found 5 important support 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.
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. |
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)
NYSEARCA:AMNA (12/11/2024, 8:25:18 PM)
53.58
-1.95 (-3.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.51%
1 Week-2.44%
2 Weeks-3.76%
1 Month0.54%
3 Month13.74%
6 Month26.55%
12 Month38.54%
2 Year45.15%
3 Year65.19%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.85
ATR(20)%1.34%
ATR Inc215.82%
Range Today0.04
ADR(20)0.04
ADR(20)%0.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.68
Mansfield0.6
10 Day High56.52
10 Day Low53.56
20 Day High56.52
20 Day Low53.04
52 Week High56.52
52 Week Low37.93
CS1 End53.57
CR1 Start56.52
Volume & EV
DER(3)0%
DER(5)0%
Volume2.20K
Volume Incr100.5%
Vol(5)600
Vol(50)245.7