AMPG Technical Analysis - AMPLITECH GROUP INC

Technical Rating and Analysis

Overall AMPG 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, AMPG is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.

When comparing the yearly performance of all stocks, we notice that AMPG is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by AMPG over the past year are nicely spread over this period.

AMPG is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 95% of 125 stocks in the same industry.

In the last month AMPG has a been trading in the 2.84 - 4.49 range, which is quite wide. It is currently trading near the high of this range.

AMPG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AMPG is lagging the market.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

AMPLITECH GROUP INC / AMPG Weekly stock chart

AMPLITECH GROUP INC / AMPG Daily stock chart

Setup Rating and Analysis

Besides having an excellent technical rating, AMPG also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

2.73

4.15

We found 3 important support areas.

Support @3.78 from a horizontal line in the daily time frame.
Support @3.55 from a trend line in the daily time frame.
Support @2.76 from a trend line in the daily time frame.

We found 1 important resistance area.

Resistance @4.11 from a horizontal line in the weekly time frame.

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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.

Indicator	Value	Signal	Comment
ChartMill Long Term Trend Indicator	UP	POSITIVE	The long term trend for AMPG is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for AMPG is up.
ChartMill Relative Strength	98.94	POSITIVE	AMPG has a high relative strength, it outperformed 98.94% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of AMPG is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of AMPG is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of AMPG is above the rising SMA(200).
Relative Strength Index/RSI (14)	59.25	NEUTRAL	The RSI value for AMPG is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.02	POSITIVE	The MACD value suggests AMPG has a positive trend, although the MACD value is declining.
Stochastics (14,3)	83.8	OVERBOUGHT	The high Stochastics value suggests AMPG may be overbought.
Average True Range in percent/ATR (20)	7.84	HIGH VOLATILITY	The high ATR as a percentage value for AMPG suggests high volalility.
Average Directional Index/ADX (14)	37.37	POSITIVE	The high ADX value value for AMPG suggests a strong trend.