ALPHA METALLURGICAL RESOURCE (AMR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AMR - US0207641061 - Common Stock
Overall AMR gets a technical rating of 9 out of 10. 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, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
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151.49
When analyzing the support we can see 3 important areas.
- A support zone ranging from 211.05 to 212.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @169.11 from a trend line in the daily time frame.
- Support @153.02 from a horizontal line in the daily 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 AMR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMR is up. |
| ChartMill Relative Strength | 91.29 | POSITIVE | AMR has a high relative strength, it outperformed 91.29% 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) | 79.11 | OVERBOUGHT | The high RSI value suggests AMR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.56 | POSITIVE | The MACD value suggests AMR has a positive trend. |
| Stochastics (14,3) | 91.94 | OVERBOUGHT | The high Stochastics value suggests AMR may be overbought. |
| Average True Range in percent/ATR (20) | 4.55 | MEDIUM VOLATILITY | The ATR as a percentage value for AMR suggests some volalility. |
| Average Directional Index/ADX (14) | 33.31 | POSITIVE | The high ADX value value for AMR suggests a strong trend. |
242.32
+11.41 (+4.94%)
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 79.1078. This indicates that the stock is currently overbought.
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.