We assign a technical rating of 5 out of 10 to AMPH. AMPH has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
AMPH has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 26.53, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
22.91
When analyzing the support we can see 3 important areas.
- A support zone ranging from 25.36 to 26.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.63 from a horizontal line in the weekly time frame.
- Support @23.14 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @27.19 from a trend line in the daily time frame.
- Resistance @27.89 from a horizontal line in the daily time frame.
- A resistance zone ranging from 30.62 to 30.81. 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 | NEUTRAL | NEUTRAL | The long term trend for AMPH is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMPH is up. |
| ChartMill Relative Strength | 19.62 | NEGATIVE | AMPH has a low relative strength, it was outperformed by 80.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AMPH is above 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) | UP | POSITIVE | The current price of AMPH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.63 | NEUTRAL | The RSI value for AMPH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests AMPH has a positive trend. |
| Stochastics (14,3) | 68.52 | NEUTRAL | The Stochastics value for AMPH is a neutral value. |
| Average True Range in percent/ATR (20) | 3.13 | MEDIUM VOLATILITY | The ATR as a percentage value for AMPH suggests some volalility. |
| Average Directional Index/ADX (14) | 13.87 | NEGATIVE | The low ADX value for AMPH suggests a weak or negative trend. |
27.12
+0.31 (+1.16%)
AMPHASTAR PHARMACEUTICALS IN / AMPH FAQ
What is the technical rating for AMPH stock?
ChartMill assigns a technical rating of 5 / 10 to AMPH.
Can you provide the trend direction for AMPHASTAR PHARMACEUTICALS IN?
The current trend direction for AMPHASTAR PHARMACEUTICALS IN (AMPH) is Bearish.
Can you provide the RSI signal for AMPHASTAR PHARMACEUTICALS IN?
AMPHASTAR PHARMACEUTICALS IN (AMPH) has an RSI value of 55.6316. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AMPHASTAR PHARMACEUTICALS IN?
The MACD indicator for AMPHASTAR PHARMACEUTICALS IN (AMPH) has a value of 0.0619056, indicating a bearish trend.
What is the short term momentum for AMPHASTAR PHARMACEUTICALS IN (AMPH) stock?
The short term momentum for AMPHASTAR PHARMACEUTICALS IN (AMPH) is positive.