AMER NATL BNKSHS/DANVILLE VA (AMNB) Stock Technical Analysis
NASDAQ:AMNB • US0277451086
Taking everything into account, AMNB scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, AMNB has proven to be a steady performer, scoring decent points in every aspect analyzed.
- 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 may just continue or reversal may be around the corner!
- 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. We also observe that the gains produced by AMNB over the past year are nicely spread over this period.
- AMNB is part of the Banks industry. There are 379 other stocks in this industry. AMNB outperforms 88% 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.
Although AMNB has an excellent technical rating, the quality of the presented setup is not ideal 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
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. |
47.76
-0.16 (-0.33%)
AMER NATL BNKSHS/DANVILLE VA / AMNB FAQ
What is the technical rating for AMNB stock?
ChartMill assigns a technical rating of 9 / 10 to AMNB.
What is the current trend direction of AMER NATL BNKSHS/DANVILLE VA (AMNB) stock?
The current trend direction for AMER NATL BNKSHS/DANVILLE VA (AMNB) is Bullish.
What is the RSI signal for AMNB stock?
AMER NATL BNKSHS/DANVILLE VA (AMNB) has an RSI value of 57.996. This indicates that the stock is currently neutral.
What is the short term momentum for AMNB stock?
The short term momentum for AMER NATL BNKSHS/DANVILLE VA (AMNB) is neutral.
What are the support and resistance levels for AMER NATL BNKSHS/DANVILLE VA (AMNB) stock?
AMER NATL BNKSHS/DANVILLE VA (AMNB) has a support level at 46.4 and a resistance level at 48.25. Check the full technical report for our detailed analysis of AMNB support and resistance levels.