AMPHASTAR PHARMACEUTICALS IN (AMPH) Stock Technical Analysis
USA - NASDAQ:AMPH - US03209R1032 - Common Stock
27.64 USD
+0.2 (+0.73%)
27.4929 USD
-0.15 (-0.53%)
We assign a technical rating of 3 out of 10 to AMPH. In the last year, AMPH was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, AMPH is a bad performer in the overall market: 88% of all stocks are doing better.
AMPH is one of the lesser performing stocks in the Pharmaceuticals industry. 63% of 196 stocks in the same industry do better.
AMPH is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month AMPH has a been trading in the 26.57 - 31.26 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Volume is considerably higher in the last couple of days.
AMPH has a poor technical rating and the quality of the setup is also only medium 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
26.63
37.28
When analyzing the support we can see 2 important areas.
- Support @27.63 from a horizontal line in the weekly time frame.
- A support zone ranging from 26.90 to 26.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 29.05 to 29.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @29.81 from a trend line in the daily time frame.
- A resistance zone ranging from 30.48 to 30.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @36.91 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 AMPH is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AMPH is down. |
| ChartMill Relative Strength | 12.2 | NEGATIVE | AMPH has a low relative strength, it was outperformed by 87.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AMPH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMPH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AMPH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.42 | NEUTRAL | The RSI value for AMPH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.46 | NEGATIVE | The MACD value suggests AMPH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.69 | OVERSOLD | The low Stochastics value suggests AMPH may be oversold. |
| Average True Range in percent/ATR (20) | 3.31 | MEDIUM VOLATILITY | The ATR as a percentage value for AMPH suggests some volalility. |
| Average Directional Index/ADX (14) | 23.16 | NEUTRAL | The ADX value for AMPH suggests a possible start of a new 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)
27.64
+0.2 (+0.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.73%
1 Week-1.5%
2 Weeks-6.05%
1 Month-6.81%
3 Month12.54%
6 Month-2.3%
12 Month-43.8%
2 Year-39.9%
3 Year-1.64%
5 Year47.41%
10 Year136.44%
15 YearN/A
Volatility
ATR(14)0.92
ATR(20)%3.31%
ATR Inc-4.08%
Range Today0.91
ADR(20)0.89
ADR(20)%3.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.2
Mansfield-2.38
10 Day High29.43
10 Day Low26.57
20 Day High31.26
20 Day Low26.57
52 Week High53.96
52 Week Low20.39
CS1 End27.63
CR1 Start29.05
Volume & EV
DER(3)1.11%
DER(5)0.41%
Volume1.38M
Volume Incr73.99%
Vol(5)736.86K
Vol(50)545.65K