ETRACS ALERIAN MIDST H/DV EN (AMND) Stock Technical Analysis
NYSEARCA:AMND - NYSE Arca - US90269A2520 - ETF - Currency: USD
Overall AMND gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AMND is showing a nice and steady performance.
Warning: AMND has an average volume of 176 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!
Looking at the yearly performance, AMND did better than 85% of all other stocks. On top of that, AMND also shows a nice and consistent pattern of rising prices.
AMND 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 AMND is performing more or less in line with the market.
In the last month AMND has a been trading in the 51.75 - 56.23 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although AMND has an excellent technical rating, it does not present a decent entry opportunity 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
42.02
56.79
We found 5 important support areas.
- A support zone ranging from 51.14 to 51.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 49.10 to 49.76. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @47.69 from a trend line in the daily time frame.
- Support @44.56 from a horizontal line in the daily time frame.
- Support @42.44 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 56.23 to 56.23. 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 AMND is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AMND is neutral. |
| ChartMill Relative Strength | 85.81 | POSITIVE | AMND has a high relative strength, it outperformed 85.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AMND is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMND is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AMND is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.24 | NEUTRAL | The RSI value for AMND is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.43 | NEGATIVE | The MACD value suggests AMND has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.32 | OVERSOLD | The low Stochastics value suggests AMND may be oversold. |
| Average True Range in percent/ATR (20) | 1.26 | LOW VOLATILITY | The low ATR as a percentage value for AMND suggests low volalility. |
| Average Directional Index/ADX (14) | 35.9 | POSITIVE | The high ADX value value for AMND 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:AMND (12/11/2024, 8:25:18 PM)
53.54
+1.79 (+3.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg3.46%
1 Week-1.98%
2 Weeks-2.64%
1 Month2.56%
3 Month11.78%
6 Month22.02%
12 Month33.44%
2 Year40%
3 Year58.9%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.81
ATR(20)%1.26%
ATR Inc206.87%
Range Today0.01
ADR(20)0.11
ADR(20)%0.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.81
Mansfield0.33
10 Day High56.23
10 Day Low51.75
20 Day High56.23
20 Day Low51.75
52 Week High56.23
52 Week Low39.69
CS1 End51.91
CR1 Start56.23
Volume & EV
DER(3)-4.17%
DER(5)-2.5%
Volume2.70K
Volume Incr786.97%
Vol(5)820
Vol(50)176.98