AMPLIFY ENERGY CORP (AMPY) Technical Analysis
NYSE:AMPY • US03212B1035
Current stock price
AMPY Technical Rating and Analysis
Taking everything into account, AMPY scores 10 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, AMPY is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that AMPY is one of the better performing stocks in the market, outperforming 92% of all stocks. On top of that, AMPY also shows a nice and consistent pattern of rising prices.
- AMPY is part of the Oil, Gas & Consumable Fuels industry. There are 207 other stocks in this industry. AMPY outperforms 78% of them.
- AMPY is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so AMPY is leading the market.
- In the last month AMPY has a been trading in the 5.10 - 6.79 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
AMPY Weekly and Daily overview Charts
AMPY Setup Rating and Analysis
Besides having an excellent technical rating, AMPY also presents a decent setup pattern. Prices have been consolidating lately. 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
AMPY Support and Resistance Analysis
4.76
2 important support areas can be observed.
- A support zone ranging from 5.18 to 5.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @4.81 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 6.55 to 6.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
AMPY 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 AMPY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMPY is up. |
| ChartMill Relative Strength | 92.43 | POSITIVE | AMPY has a high relative strength, it outperformed 92.43% 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) | 59.76 | NEUTRAL | The RSI value for AMPY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests AMPY has a positive trend. |
| Stochastics (14,3) | 74.53 | NEUTRAL | The Stochastics value for AMPY is a neutral value. |
| Average True Range in percent/ATR (20) | 6.52 | HIGH VOLATILITY | The high ATR as a percentage value for AMPY suggests high volalility. |
| Average Directional Index/ADX (14) | 26.92 | POSITIVE | The high ADX value value for AMPY suggests a strong trend. |
AMPY Chart- and CandleStick Pattern Analysis
AMPY Technicals: Chart, Performance Metrics, Trend & Indicators
6.28
-0.26 (-3.98%)
AMPLIFY ENERGY CORP / AMPY TA FAQ
Can you provide the ChartMill technical rating for AMPLIFY ENERGY CORP?
ChartMill assigns a technical rating of 10 / 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 59.7607. 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.