AMPHASTAR PHARMACEUTICALS IN (AMPH) Stock Technical Analysis
NASDAQ:AMPH - Nasdaq - US03209R1032 - Common Stock - Currency: USD
Overall AMPH gets a technical rating of 0 out of 10. AMPH's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, AMPH is a bad performer in the overall market: 94% of all stocks are doing better.
AMPH is part of the Pharmaceuticals industry. There are 195 other stocks in this industry, of which 75% are performing better than AMPH.
AMPH is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month AMPH has a been trading in the 21.48 - 26.50 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The technical rating of AMPH 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.
More info and screens
21.44
40.21
When analyzing the resistance we notice 4 important areas.
- Resistance @22.24 from a trend line in the daily time frame.
- A resistance zone ranging from 22.79 to 23.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 23.58 to 23.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @39.81 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 | DOWN | NEGATIVE | The long term trend for AMPH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AMPH is down. |
| ChartMill Relative Strength | 6.71 | NEGATIVE | AMPH has a low relative strength, it was outperformed by 93.29% 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) | DOWN | NEGATIVE | The current price of AMPH is below a declining 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) | 27.19 | OVERSOLD | The low RSI value suggests AMPH may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests AMPH has a negative trend. |
| Stochastics (14,3) | 3.18 | OVERSOLD | The low Stochastics value suggests AMPH may be oversold. |
| Average True Range in percent/ATR (20) | 3.51 | MEDIUM VOLATILITY | The ATR as a percentage value for AMPH suggests some volalility. |
| Average Directional Index/ADX (14) | 19.8 | NEGATIVE | The low ADX value for AMPH suggests a weak or negative 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)
21.66
-0.55 (-2.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-2.48%
1 Week-6.64%
2 Weeks-6.56%
1 Month-16.85%
3 Month-10.35%
6 Month-40.43%
12 Month-44.03%
2 Year-64.31%
3 Year-42.07%
5 Year8.19%
10 Year33.21%
15 YearN/A
Volatility
ATR(14)0.77
ATR(20)%3.51%
ATR Inc-16.6%
Range Today0.66
ADR(20)0.75
ADR(20)%3.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.71
Mansfield-4.44
10 Day High24.52
10 Day Low21.48
20 Day High26.5
20 Day Low21.48
52 Week High53.96
52 Week Low21.48
CS1 EndN/A
CR1 Start22.24
Volume & EV
DER(3)-1.51%
DER(5)-0.87%
Volume449.00K
Volume Incr10.78%
Vol(5)546.72K
Vol(50)530.49K