AMPLITECH GROUP INC (AMPG) Stock Technical Analysis
NASDAQ:AMPG • US03211Q2003
Overall AMPG gets a technical rating of 1 out of 10. AMPG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month AMPG has a been trading in the 2.60 - 4.23 range, which is quite wide. It is currently trading near the lows of this range.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When comparing the performance of all stocks over the past year, AMPG turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
- AMPG is an average performer in the Electronic Equipment, Instruments & Components industry, it outperforms 47% of 123 stocks in the same industry.
- 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.
The technical rating of AMPG is bad and it also does not present a quality setup 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.
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2.62
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 3.22 to 3.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.04 to 4.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.19 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for AMPG is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AMPG is down. |
| ChartMill Relative Strength | 60.96 | NEUTRAL | AMPG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AMPG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AMPG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of AMPG is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.9 | NEUTRAL | The RSI value for AMPG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests AMPG has a negative trend. |
| Stochastics (14,3) | 9.9 | OVERSOLD | The low Stochastics value suggests AMPG may be oversold. |
| Average True Range in percent/ATR (20) | 11.88 | HIGH VOLATILITY | The high ATR as a percentage value for AMPG suggests high volalility. |
| Average Directional Index/ADX (14) | 16.03 | NEGATIVE | The low ADX value for AMPG suggests a weak or negative trend. |
2.65
-0.15 (-5.36%)
AMPLITECH GROUP INC / AMPG FAQ
Can you provide the ChartMill technical rating for AMPLITECH GROUP INC?
ChartMill assigns a technical rating of 1 / 10 to AMPG.
What is the current trend direction of AMPLITECH GROUP INC (AMPG) stock?
The current trend direction for AMPLITECH GROUP INC (AMPG) is Bearish.
What is the RSI signal for AMPLITECH GROUP INC (AMPG) stock?
AMPLITECH GROUP INC (AMPG) has an RSI value of 37.8964. This indicates that the stock is currently neutral.
What is the MACD signal for AMPLITECH GROUP INC (AMPG) stock?
The MACD indicator for AMPLITECH GROUP INC (AMPG) has a value of -0.0703115, indicating a bearish trend.