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ALLIED MOTION TECHNOLOGIES (AMOT) Stock Technical Analysis

NASDAQ:AMOT - Nasdaq - US0193301092 - Common Stock - Currency: USD

34.08  +0.69 (+2.07%)

After market: 34.08 0 (0%)

Technical Rating and Analysis

0

Overall AMOT gets a technical rating of 0 out of 10. AMOT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, AMOT is a bad performer in the overall market: 62% of all stocks are doing better.
In the last month AMOT has a been trading in the 31.61 - 39.59 range, which is quite wide. It is currently trading near the lows of this range.
AMOT is an average performer in the Electrical Equipment industry, it outperforms 59% of 94 stocks in the same industry.
AMOT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AMOT is lagging the market slightly.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
ALLIED MOTION TECHNOLOGIES / AMOT Weekly stock chart
ALLIED MOTION TECHNOLOGIES / AMOT Daily stock chart
Setup Rating and Analysis

7

AMOT has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 32.91, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AMOT in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

31.47

40.38

We found 1 important support area.

  • A support zone ranging from 31.79 to 32.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We can see 4 important resistance areas.

  • A resistance zone ranging from 34.09 to 34.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 36.72 to 37.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @38.50 from a trend line in the daily time frame.
  • Resistance @39.98 from a horizontal line in the daily time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for AMOT is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for AMOT is down.
ChartMill Relative Strength38.65NEUTRALAMOT is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of AMOT is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of AMOT is below a declining SMA(50).
Simple Moving Average/SMA (200)UPMIXEDThe current price of AMOT is below the rising SMA(200).
Relative Strength Index/RSI (14)44.75NEUTRALThe RSI value for AMOT is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.1POSITIVEThe MACD value suggests AMOT has a positive trend.
Stochastics (14,3)29.86NEUTRALThe Stochastics value for AMOT is a neutral value.
Average True Range in percent/ATR (20)3.86MEDIUM VOLATILITYThe ATR as a percentage value for AMOT suggests some volalility.
Average Directional Index/ADX (14)27.13POSITIVEThe high ADX value value for AMOT suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
ALLIED MOTION TECHNOLOGIES / AMOT Daily stock chart

ALLIED MOTION TECHNOLOGIES

NASDAQ:AMOT (8/22/2023, 8:00:00 PM)

After market: 34.08 0 (0%)

34.08

+0.69 (+2.07%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg2.07%
1 Week4.54%
2 Weeks5.41%
1 Month-12.84%
3 Month-6.43%
6 Month-16.88%
12 Month0.18%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.6
ATR(20)%3.86%
ATR Inc-25.94%
Range Today0.76
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.65
Mansfield-1.14
10 Day High34.17
10 Day Low31.85
20 Day High39.59
20 Day Low31.61
52 Week High44.88
52 Week Low25.14
CS1 End32.91
CR1 Start34.09
Volume & EV
DER(3)5.7%
DER(5)2.81%
Volume168.10K
Volume Incr23.14%
Vol(5)107.58K
Vol(50)73.19K