AMPLITUDE INC-CLASS A (AMPL) Stock Technical Analysis
NASDAQ:AMPL - Nasdaq - US03213A1043 - Common Stock - Currency: USD
Taking everything into account, AMPL scores 8 out of 10 in our technical rating. In the last year, AMPL was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that AMPL is one of the better performing stocks in the market, outperforming 88% of all stocks.
AMPL is one of the better performing stocks in the Software industry, it outperforms 77% of 282 stocks in the same industry.
AMPL has an average volume of 1454510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
AMPL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AMPL is lagging the market.
In the last month AMPL has a been trading in the 11.32 - 13.34 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AMPL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 12.60. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.44, a Stop Loss order could be placed below this zone.
More info and screens
11.25
13.56
We found 1 important support area.
- A support zone ranging from 11.36 to 11.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 12.56 to 12.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 12.98 to 13.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.43 from a horizontal 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 | UP | POSITIVE | The long term trend for AMPL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMPL is up. |
| ChartMill Relative Strength | 88.59 | POSITIVE | AMPL has a high relative strength, it outperformed 88.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AMPL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMPL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AMPL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.71 | NEUTRAL | The RSI value for AMPL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests AMPL has a negative trend. |
| Stochastics (14,3) | 73.53 | NEUTRAL | The Stochastics value for AMPL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.79 | MEDIUM VOLATILITY | The ATR as a percentage value for AMPL suggests some volalility. |
| Average Directional Index/ADX (14) | 15.51 | NEGATIVE | The low ADX value for AMPL 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)
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 |
|---|---|---|---|
| 12.68 | 11.35 | 1.33 (10.49%) | 9.53% |
| An entry @12.68. This is a Buy Stop order right above the resistance zone. | An exit @11.35. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.33 points, which is 10.49%. | For a 1.00% total portfolio risk, you can invest 9.53% of your capital in this trade. |
- 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.
12.26
-0.18 (-1.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.45%
1 Week1.36%
2 Weeks3.37%
1 Month-4.29%
3 Month38.06%
6 Month12.58%
12 Month42.72%
2 Year5.87%
3 Year-17.05%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%3.79%
ATR Inc19.27%
Range Today0.43
ADR(20)0.45
ADR(20)%3.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.59
Mansfield1.07
10 Day High12.71
10 Day Low11.32
20 Day High13.34
20 Day Low11.32
52 Week High14.88
52 Week Low7.37
CS1 End11.44
CR1 Start12.6
Volume & EV
DER(3)2.15%
DER(5)0.99%
Volume1.22M
Volume Incr1.1%
Vol(5)1.36M
Vol(50)1.45M