AMER NATL BNKSHS/DANVILLE VA (AMNB) Stock Technical Analysis
NASDAQ:AMNB - Nasdaq - US0277451086 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to AMNB. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AMNB is showing a nice and steady performance.
Warning: AMNB has an average volume of 19934 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.
When comparing the yearly performance of all stocks, we notice that AMNB is one of the better performing stocks in the market, outperforming 82% of all stocks. On top of that, AMNB also shows a nice and consistent pattern of rising prices.
AMNB is part of the Banks industry. There are 393 other stocks in this industry. AMNB outperforms 87% of them.
AMNB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AMNB is lagging the market slightly.
In the last month AMNB has a been trading in the 43.78 - 48.25 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
AMNB has an excellent technical rating, but 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
43.12
48.73
3 important support areas can be observed.
- A support zone ranging from 45.55 to 46.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @44.54 from a horizontal line in the weekly time frame.
- A support zone ranging from 43.56 to 43.57. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- Resistance @48.25 from a horizontal line in the daily 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 AMNB is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AMNB is neutral. |
| ChartMill Relative Strength | 82.79 | POSITIVE | AMNB has a high relative strength, it outperformed 82.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMNB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMNB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AMNB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58 | NEUTRAL | The RSI value for AMNB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests AMNB has a positive trend. |
| Stochastics (14,3) | 79.39 | NEUTRAL | The Stochastics value for AMNB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.44 | MEDIUM VOLATILITY | The ATR as a percentage value for AMNB suggests some volalility. |
| Average Directional Index/ADX (14) | 11.84 | NEGATIVE | The low ADX value for AMNB suggests a weak or negative 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)
47.76
-0.16 (-0.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.33%
1 Week0.78%
2 Weeks7.16%
1 Month5.85%
3 Month-2.03%
6 Month25.88%
12 Month50.66%
2 Year26.75%
3 Year44.42%
5 Year36.77%
10 Year103.06%
15 Year206.15%
Volatility
ATR(14)1.14
ATR(20)%2.44%
ATR Inc41.45%
Range Today0.78
ADR(20)1
ADR(20)%2.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.79
Mansfield0.72
10 Day High48.25
10 Day Low44
20 Day High48.25
20 Day Low43.78
52 Week High50.76
52 Week Low25.26
CS1 End46.4
CR1 Start48.25
Volume & EV
DER(3)-10.32%
DER(5)-6.91%
Volume119.40K
Volume Incr131.63%
Vol(5)34.42K
Vol(50)19.93K