ALPHA METALLURGICAL RESOURCE (AMR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AMR - US0207641061 - Common Stock
We assign a technical rating of 9 out of 10 to AMR. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AMR is showing a nice and steady performance.
Although AMR has an excellent technical rating, the quality of the presented setup is 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.
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151.49
3 important support areas can be observed.
- A support zone ranging from 197.43 to 205.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @167.59 from a trend line in the daily time frame.
- Support @153.02 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 211.56 to 211.56. 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 AMR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMR is up. |
| ChartMill Relative Strength | 84.95 | POSITIVE | AMR has a high relative strength, it outperformed 84.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AMR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.77 | NEUTRAL | The RSI value for AMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.43 | NEGATIVE | The MACD value suggests AMR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 70.03 | NEUTRAL | The Stochastics value for AMR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.58 | MEDIUM VOLATILITY | The ATR as a percentage value for AMR suggests some volalility. |
| Average Directional Index/ADX (14) | 27.35 | POSITIVE | The high ADX value value for AMR suggests a strong trend. |
211.55
+9.73 (+4.82%)
ALPHA METALLURGICAL RESOURCE / AMR FAQ
Can you provide the ChartMill technical rating for ALPHA METALLURGICAL RESOURCE?
ChartMill assigns a technical rating of 9 / 10 to AMR.
Can you provide the trend direction for ALPHA METALLURGICAL RESOURCE?
The current trend direction for ALPHA METALLURGICAL RESOURCE (AMR) is Bullish.
Can you provide the RSI signal for ALPHA METALLURGICAL RESOURCE?
ALPHA METALLURGICAL RESOURCE (AMR) has an RSI value of 66.7664. This indicates that the stock is currently neutral.
What is the short term momentum for AMR stock?
The short term momentum for ALPHA METALLURGICAL RESOURCE (AMR) is positive.
What is the buy/sell signal for ALPHA METALLURGICAL RESOURCE (AMR) stock?
The buy/sell signal for ALPHA METALLURGICAL RESOURCE (AMR) is buy as both the short term and long term trends are positive.