AMPLIFY ENERGY CORP (AMPY) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:AMPY • US03212B1035
We assign a technical rating of 6 out of 10 to AMPY. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, AMPY is a bad performer.
- 72% of all other stocks performed better in the past year than AMPY.
- AMPY is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 66% of 206 stocks in the same industry do better.
- Both the short term and long term trends are positive. This is a very positive sign.
- AMPY is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AMPY is lagging the market slightly.
- In the last month AMPY has a been trading in the 4.57 - 5.43 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
AMPY has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
4.56
We found 2 important support areas.
- A support zone ranging from 4.90 to 4.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.61 to 4.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 5.46 to 5.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.68 from a trend line in the weekly time frame.
- A resistance zone ranging from 6.08 to 6.08. 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 | UP | POSITIVE | The long term trend for AMPY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMPY is up. |
| ChartMill Relative Strength | 28.78 | NEGATIVE | AMPY has a low relative strength, it was outperformed by 71.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMPY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMPY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AMPY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.96 | NEUTRAL | The RSI value for AMPY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests AMPY has a positive trend. |
| Stochastics (14,3) | 96.83 | OVERBOUGHT | The high Stochastics value suggests AMPY may be overbought. |
| Average True Range in percent/ATR (20) | 4.41 | MEDIUM VOLATILITY | The ATR as a percentage value for AMPY suggests some volalility. |
| Average Directional Index/ADX (14) | 14.69 | NEGATIVE | The low ADX value for AMPY suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 5.52 | 4.70 | 0.82 (14.86%) | 6.73% |
| An entry @5.52. This is a Buy Stop order right above the resistance zone. | An exit @4.70. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.82 points, which is 14.86%. | For a 1.00% total portfolio risk, you can invest 6.73% 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.
5.39
+0.09 (+1.7%)
AMPLIFY ENERGY CORP / AMPY FAQ
Can you provide the ChartMill technical rating for AMPLIFY ENERGY CORP?
ChartMill assigns a technical rating of 6 / 10 to AMPY.
What is the trend direction for AMPY stock?
The current trend direction for AMPLIFY ENERGY CORP (AMPY) is Bullish.
What is the RSI signal for AMPY stock?
AMPLIFY ENERGY CORP (AMPY) has an RSI value of 63.9638. This indicates that the stock is currently neutral.
What is the short term momentum for AMPLIFY ENERGY CORP (AMPY) stock?
The short term momentum for AMPLIFY ENERGY CORP (AMPY) is positive.
What is the buy/sell signal for AMPY stock?
The buy/sell signal for AMPLIFY ENERGY CORP (AMPY) is buy as both the short term and long term trends are positive.