AMPLIFY ENERGY CORP (AMPY) Stock Technical Analysis
USA - NYSE:AMPY - US03212B1035 - Common Stock
Overall AMPY gets a technical rating of 5 out of 10. In the last year, AMPY was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
AMPY has only a medium technical rating, but it does show 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 4.70. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.28, a Stop Loss order could be placed below this zone.
More info and screens
4.08
We found 3 important support areas.
- Support @4.28 from a trend line in the daily time frame.
- A support zone ranging from 4.19 to 4.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.12 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 4.70 to 4.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.93 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 | UP | POSITIVE | The long term trend for AMPY is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AMPY is neutral. |
| ChartMill Relative Strength | 19.36 | NEGATIVE | AMPY has a low relative strength, it was outperformed by 80.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AMPY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AMPY is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of AMPY is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.41 | NEUTRAL | The RSI value for AMPY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests AMPY has a negative trend. |
| Stochastics (14,3) | 31.45 | NEUTRAL | The Stochastics value for AMPY is a neutral value. |
| Average True Range in percent/ATR (20) | 6.98 | HIGH VOLATILITY | The high ATR as a percentage value for AMPY suggests high volalility. |
| Average Directional Index/ADX (14) | 15.49 | NEGATIVE | The low ADX value for AMPY suggests a weak or negative trend. |
4.33
-0.21 (-4.63%)
AMPLIFY ENERGY CORP / AMPY FAQ
Can you provide the ChartMill technical rating for AMPLIFY ENERGY CORP?
ChartMill assigns a technical rating of 5 / 10 to AMPY.
Can you provide the trend direction for AMPLIFY ENERGY CORP?
The current trend direction for AMPLIFY ENERGY CORP (AMPY) is Bullish.
What is the RSI signal for AMPLIFY ENERGY CORP (AMPY) stock?
AMPLIFY ENERGY CORP (AMPY) has an RSI value of 44.4062. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AMPLIFY ENERGY CORP?
The MACD indicator for AMPLIFY ENERGY CORP (AMPY) has a value of -0.0472952, indicating a bearish trend.
What are the support and resistance levels for AMPLIFY ENERGY CORP (AMPY) stock?
AMPLIFY ENERGY CORP (AMPY) has a support level at 4.28 and a resistance level at 4.7. Check the full technical report for our detailed analysis of AMPY support and resistance levels.