ALTUS POWER INC (AMPS) Technical Analysis
NYSE:AMPS • US02217A1025
Current stock price
AMPS Technical Rating and Analysis
Taking everything into account, AMPS scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AMPS is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- AMPS is one of the better performing stocks in the Independent Power and Renewable Electricity Producers industry, it outperforms 84% of 20 stocks in the same industry.
- AMPS is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so AMPS is performing more or less in line with the market.
- AMPS has an average volume of 4277880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that AMPS is one of the better performing stocks in the market, outperforming 94% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- In the last month AMPS has a been trading in a tight range between 4.90 and 5.00.
AMPS Weekly and Daily overview Charts
AMPS Setup Rating and Analysis
Besides having an excellent technical rating, AMPS also presents a decent setup pattern. 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 5.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.98, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
AMPS Support and Resistance Analysis
3.51
We found 3 important support areas.
- A support zone ranging from 4.89 to 4.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.78 from a trend line in the daily time frame.
- Support @3.55 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 5.01 to 5.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
AMPS Technical Indicator Signal Analysis
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 AMPS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMPS is up. |
| ChartMill Relative Strength | 94.45 | POSITIVE | AMPS has a high relative strength, it outperformed 94.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMPS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMPS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AMPS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.27 | NEUTRAL | The RSI value for AMPS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests AMPS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 96.67 | OVERBOUGHT | The high Stochastics value suggests AMPS may be overbought. |
| Average True Range in percent/ATR (20) | 0.47 | LOW VOLATILITY | The low ATR as a percentage value for AMPS suggests low volalility. |
| Average Directional Index/ADX (14) | 38.28 | POSITIVE | The high ADX value value for AMPS suggests a strong trend. |
AMPS Chart- and CandleStick Pattern Analysis
AMPS Example Setup
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 |
|---|---|---|---|
| 5.02 | 4.89 | 0.13 (2.59%) | 25.00% |
| An entry @5.02. This is a Buy Stop order right above the resistance zone. | An exit @4.89. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.13 points, which is 2.59%. | For a 0.65% total portfolio risk, you can invest 25.00% 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.
AMPS Technicals: Chart, Performance Metrics, Trend & Indicators
4.99
-0.01 (-0.2%)
ALTUS POWER INC / AMPS TA FAQ
What is the ChartMill technical rating of ALTUS POWER INC (AMPS) stock?
ChartMill assigns a technical rating of 9 / 10 to AMPS.
Can you provide the trend direction for ALTUS POWER INC?
The current trend direction for ALTUS POWER INC (AMPS) is Bullish.
What is the RSI signal for ALTUS POWER INC (AMPS) stock?
ALTUS POWER INC (AMPS) has an RSI value of 64.265. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ALTUS POWER INC?
The short term momentum for ALTUS POWER INC (AMPS) is positive.
What is the buy/sell signal for ALTUS POWER INC (AMPS) stock?
The buy/sell signal for ALTUS POWER INC (AMPS) is buy as both the short term and long term trends are positive.