AMPLITECH GROUP INC (AMPG) Stock Technical Analysis
NASDAQ:AMPG - Nasdaq - US03211Q2003 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to AMPG. 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, AMPG did better than 97% of all other stocks.
AMPG is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry. AMPG outperforms 92% of them.
AMPG 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 AMPG is lagging the market slightly.
In the last month AMPG has a been trading in the 2.00 - 3.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although AMPG has an excellent technical rating, it does not offer a high 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.
More info and screens
1.63
3.15
3 important support areas can be observed.
- Support @2.31 from a trend line in the daily time frame.
- Support @2.17 from a trend line in the daily time frame.
- Support @1.65 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 3.08 to 3.12. 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 AMPG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AMPG is neutral. |
| ChartMill Relative Strength | 97.39 | POSITIVE | AMPG has a high relative strength, it outperformed 97.39% 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) | 56.71 | NEUTRAL | The RSI value for AMPG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests AMPG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.17 | NEUTRAL | The Stochastics value for AMPG is a neutral value. |
| Average True Range in percent/ATR (20) | 8.84 | HIGH VOLATILITY | The high ATR as a percentage value for AMPG suggests high volalility. |
| Average Directional Index/ADX (14) | 30.69 | POSITIVE | The high ADX value value for AMPG 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)
2.85
-0.1 (-3.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-3.39%
1 Week-7.17%
2 Weeks-0.35%
1 Month33.8%
3 Month48.44%
6 Month44.67%
12 Month176.7%
2 Year49.43%
3 Year30.73%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%8.84%
ATR Inc8.61%
Range Today0.34
ADR(20)0.23
ADR(20)%8.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.39
Mansfield5.38
10 Day High3.4
10 Day Low2.55
20 Day High3.4
20 Day Low2
52 Week High6.43
52 Week Low0.64
CS1 End2.31
CR1 Start3.08
Volume & EV
DER(3)-0.2%
DER(5)2.14%
Volume640.10K
Volume Incr17.04%
Vol(5)565.80K
Vol(50)379.44K