AMPLIFY ENERGY CORP (AMPY) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AMPY - US03212B1035 - Common Stock
We assign a technical rating of 3 out of 10 to AMPY. 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: 71% of all stocks are doing better.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- AMPY is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 42% of 208 stocks in the same industry.
- AMPY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AMPY is lagging the market.
- In the last month AMPY has a been trading in the 4.35 - 5.13 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, AMPY does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
4.33
We found 3 important support areas.
- Support @4.55 from a horizontal line in the weekly time frame.
- Support @4.46 from a trend line in the daily time frame.
- Support @4.37 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @4.98 from a horizontal line in the daily time frame.
- Resistance @5.38 from a trend line in the weekly time frame.
- A resistance zone ranging from 5.56 to 5.62. 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 | NEUTRAL | NEUTRAL | The long term trend for AMPY is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AMPY is neutral. |
| ChartMill Relative Strength | 29.44 | NEGATIVE | AMPY has a low relative strength, it was outperformed by 70.56% 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 | MIXED | The current price of AMPY is below 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) | 49.78 | NEUTRAL | The RSI value for AMPY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests AMPY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.1 | NEUTRAL | The Stochastics value for AMPY is a neutral value. |
| Average True Range in percent/ATR (20) | 4.05 | MEDIUM VOLATILITY | The ATR as a percentage value for AMPY suggests some volalility. |
| Average Directional Index/ADX (14) | 17.65 | NEGATIVE | The low ADX value for AMPY suggests a weak or negative trend. |
4.78
-0.02 (-0.42%)
AMPLIFY ENERGY CORP / AMPY FAQ
Can you provide the ChartMill technical rating for AMPLIFY ENERGY CORP?
ChartMill assigns a technical rating of 3 / 10 to AMPY.
What is the trend direction for AMPY stock?
The current trend direction for AMPLIFY ENERGY CORP (AMPY) is Bearish.
What is the RSI signal for AMPY stock?
AMPLIFY ENERGY CORP (AMPY) has an RSI value of 49.7755. 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 neutral.