AMPLITECH GROUP INC (AMPG) Stock Technical Analysis
NASDAQ:AMPG - Nasdaq - US03211Q2003 - Common Stock - Currency: USD
Taking everything into account, AMPG scores 9 out of 10 in our technical rating. In the last year, AMPG was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, AMPG did better than 97% of all other stocks.
AMPG is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 91% of 125 stocks in the same industry.
In the last month AMPG has a been trading in the 1.70 - 2.59 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although AMPG 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
1.36
2.54
We found 3 important support areas.
- A support zone ranging from 2.09 to 2.10. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @1.44 from a trend line in the weekly time frame.
- Support @1.37 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @2.35 from a horizontal line in the weekly time frame.
- Resistance @2.51 from a horizontal line in the daily 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 | 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 | 97.15 | POSITIVE | AMPG has a high relative strength, it outperformed 97.15% 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) | 62.7 | NEUTRAL | The RSI value for AMPG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests AMPG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.05 | OVERBOUGHT | The high Stochastics value suggests AMPG may be overbought. |
| Average True Range in percent/ATR (20) | 7.58 | HIGH VOLATILITY | The high ATR as a percentage value for AMPG suggests high volalility. |
| Average Directional Index/ADX (14) | 38.61 | 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)
2.34
-0.16 (-6.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-6.4%
1 Week7.83%
2 Weeks21.24%
1 Month33.71%
3 Month41.82%
6 Month149.2%
12 Month103.48%
2 Year1.3%
3 Year5.41%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%7.58%
ATR Inc26.2%
Range Today0.25
ADR(20)0.17
ADR(20)%7.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.15
Mansfield4.96
10 Day High2.59
10 Day Low1.87
20 Day High2.59
20 Day Low1.7
52 Week High6.43
52 Week Low0.64
CS1 End2.1
CR1 Start2.35
Volume & EV
DER(3)-9.18%
DER(5)-4.17%
Volume540.90K
Volume Incr105.53%
Vol(5)528.78K
Vol(50)322.66K