AMPLITUDE INC-CLASS A (AMPL) Stock Technical Analysis
NASDAQ:AMPL - US03213A1043 - Common Stock
11.45 USD
+0.41 (+3.71%)
11.45 USD
0 (0%)
Overall AMPL gets a technical rating of 2 out of 10. In the last year, AMPL was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
AMPL is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
AMPL has an average volume of 1481490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, AMPL outperforms 68% of them, which is more or less in line with the market.
AMPL is part of the Software industry. There are 282 other stocks in this industry, AMPL did better than 66% of them.
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.
Although the technical rating is bad, AMPL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 11.55. Right above this resistance zone may be a good entry point.
More info and screens
8.24
13.42
4 important support areas can be observed.
- A support zone ranging from 11.26 to 11.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.05 from a trend line in the daily time frame.
- Support @10.85 from a horizontal line in the daily time frame.
- Support @8.32 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 11.55 to 11.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.75 to 13.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.29 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 AMPL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AMPL is down. |
| ChartMill Relative Strength | 68.21 | NEUTRAL | AMPL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AMPL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AMPL is below a declining 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) | 47.12 | NEUTRAL | The RSI value for AMPL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests AMPL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.52 | NEUTRAL | The Stochastics value for AMPL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.7 | HIGH VOLATILITY | The high ATR as a percentage value for AMPL suggests high volalility. |
| Average Directional Index/ADX (14) | 12.44 | 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)
11.45
+0.41 (+3.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg3.71%
1 Week5.43%
2 Weeks-1.63%
1 Month-9.98%
3 Month-7.59%
6 Month-9.05%
12 Month29.97%
2 Year-1.97%
3 Year-24.42%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.52
ATR(20)%5.7%
ATR Inc-43.11%
Range Today0.4
ADR(20)0.62
ADR(20)%5.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.21
Mansfield-0.38
10 Day High11.73
10 Day Low10.59
20 Day High14.49
20 Day Low10.59
52 Week High14.88
52 Week Low7.55
CS1 End11.44
CR1 Start11.55
Volume & EV
DER(3)-0.74%
DER(5)1.42%
Volume1.65M
Volume Incr2.82%
Vol(5)1.79M
Vol(50)1.48M