AMPLITECH GROUP INC (AMPG) Stock Technical Analysis
NASDAQ:AMPG - US03211Q2003 - Common Stock
3.18 USD
+0.02 (+0.63%)
3.12 USD
-0.06 (-1.89%)
Taking everything into account, AMPG scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, AMPG has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
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. On top of that, AMPG also shows a nice and consistent pattern of rising prices.
AMPG is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry. AMPG outperforms 93% of them.
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.
In the last month AMPG has a been trading in the 2.55 - 3.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, AMPG also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for AMPG 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.
More info and screens
1.72
3.58
When analyzing the support we can see 4 important areas.
- A support zone ranging from 3.11 to 3.11. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 2.81 to 2.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.55 from a trend line in the daily time frame.
- Support @1.74 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 3.21 to 3.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.54 from a trend 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 | 98.35 | POSITIVE | AMPG has a high relative strength, it outperformed 98.35% 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) | 55.15 | NEUTRAL | The RSI value for AMPG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests AMPG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 42.91 | NEUTRAL | The Stochastics value for AMPG is a neutral value. |
| Average True Range in percent/ATR (20) | 9.03 | HIGH VOLATILITY | The high ATR as a percentage value for AMPG suggests high volalility. |
| Average Directional Index/ADX (14) | 25.61 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 3.23 | 3.10 | 0.13 (4.02%) | 24.85% |
| An entry @3.23. This is a Buy Stop order right above the resistance zone. | An exit @3.10. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.13 points, which is 4.02%. | When investing 24.85% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of AMPG. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
3.18
+0.02 (+0.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg0.63%
1 Week7.43%
2 Weeks-6.47%
1 Month1.92%
3 Month47.91%
6 Month92.73%
12 Month283.09%
2 Year66.73%
3 Year45.87%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%9.03%
ATR Inc-26.79%
Range Today0.21
ADR(20)0.28
ADR(20)%8.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.35
Mansfield5.29
10 Day High3.72
10 Day Low2.84
20 Day High3.72
20 Day Low2.55
52 Week High6.43
52 Week Low0.7
CS1 End3.11
CR1 Start3.21
Volume & EV
DER(3)7.28%
DER(5)3.22%
Volume430.30K
Volume Incr-46.83%
Vol(5)424.62K
Vol(50)542.48K