AMPLIFY ENERGY CORP (AMPY) Stock Technical Analysis
NYSE:AMPY - New York Stock Exchange, Inc. - US03212B1035 - Common Stock - Currency: USD
Taking everything into account, AMPY scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. AMPY was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, AMPY is a bad performer in the overall market: 88% of all stocks are doing better.
AMPY is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry, of which 83% are performing better than AMPY.
AMPY is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AMPY is lagging the market.
In the last month AMPY has a been trading in the 2.60 - 3.67 range, which is quite wide. It is currently trading near the high of this range.
AMPY has an average volume of 1069950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of AMPY is bad and it also does not present a quality setup 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
3.52
5.51
When analyzing the resistance we notice 2 important areas.
- Resistance @3.65 from a horizontal line in the daily time frame.
- Resistance @5.46 from a trend 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 | DOWN | NEGATIVE | The long term trend for AMPY is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMPY is up. |
| ChartMill Relative Strength | 12.95 | NEGATIVE | AMPY has a low relative strength, it was outperformed by 87.05% 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) | DOWN | MIXED | The current price of AMPY is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AMPY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.29 | NEUTRAL | The RSI value for AMPY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests AMPY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.41 | OVERBOUGHT | The high Stochastics value suggests AMPY may be overbought. |
| Average True Range in percent/ATR (20) | 5.79 | HIGH VOLATILITY | The high ATR as a percentage value for AMPY suggests high volalility. |
| Average Directional Index/ADX (14) | 34.13 | POSITIVE | The high ADX value value for AMPY suggests a strong 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)
3.56
+0.25 (+7.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg7.55%
1 Week9.54%
2 Weeks24.04%
1 Month22.34%
3 Month-7.77%
6 Month-43.22%
12 Month-39.04%
2 Year-47.42%
3 Year-45.57%
5 Year189.43%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%5.79%
ATR Inc79.72%
Range Today0.19
ADR(20)0.18
ADR(20)%5.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.95
Mansfield-3.76
10 Day High3.67
10 Day Low2.94
20 Day High3.67
20 Day Low2.6
52 Week High8.15
52 Week Low2.27
CS1 EndN/A
CR1 Start3.65
Volume & EV
DER(3)-3.41%
DER(5)-1.21%
Volume1.09M
Volume Incr62.91%
Vol(5)1.17M
Vol(50)1.07M