AMPHASTAR PHARMACEUTICALS IN (AMPH) Stock Technical Analysis
NASDAQ:AMPH • US03209R1032
Taking everything into account, AMPH scores 1 out of 10 in our technical rating. 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.
- 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 part of the Pharmaceuticals industry. There are 193 other stocks in this industry, of which 65% 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 19.83 - 29.46 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
The technical rating of AMPH is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
20.03
3 important resistance areas can be observed.
- Resistance @28.31 from a trend line in the weekly time frame.
- Resistance @28.90 from a trend line in the daily time frame.
- Resistance @29.40 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 | NEUTRAL | NEUTRAL | The long term trend for AMPH is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AMPH is neutral. |
| ChartMill Relative Strength | 12.08 | NEGATIVE | AMPH has a low relative strength, it was outperformed by 87.92% 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) | 20.04 | OVERSOLD | The low RSI value suggests AMPH may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.65 | NEGATIVE | The MACD value suggests AMPH has a negative trend. |
| Stochastics (14,3) | 16.61 | OVERSOLD | The low Stochastics value suggests AMPH may be oversold. |
| Average True Range in percent/ATR (20) | 6.42 | HIGH VOLATILITY | The high ATR as a percentage value for AMPH suggests high volalility. |
| Average Directional Index/ADX (14) | 21.96 | NEUTRAL | The ADX value for AMPH suggests a possible start of a new trend. |
20.23
-6.26 (-23.63%)
AMPHASTAR PHARMACEUTICALS IN / AMPH FAQ
What is the technical rating for AMPH stock?
ChartMill assigns a technical rating of 1 / 10 to AMPH.
What is the current trend direction of AMPHASTAR PHARMACEUTICALS IN (AMPH) stock?
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 20.0401. This indicates that the stock is currently oversold.
Can you provide the support and resistance levels for AMPHASTAR PHARMACEUTICALS IN?
AMPHASTAR PHARMACEUTICALS IN (AMPH) has a resistance level at 28.31. Check the full technical report for our detailed analysis of AMPH support and resistance levels.