ALPHA METALLURGICAL RESOURCE (AMR) Stock Technical Analysis
NYSE:AMR - New York Stock Exchange, Inc. - US0207641061 - Common Stock - Currency: USD
Taking everything into account, AMR scores 1 out of 10 in our technical rating. AMR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, AMR is a bad performer in the overall market: 93% of all stocks are doing better.
AMR is one of the lesser performing stocks in the Metals & Mining industry. 90% of 154 stocks in the same industry do better.
AMR is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month AMR has a been trading in the 97.41 - 121.53 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
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 AMR 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
115.47
138.55
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 118.79 to 118.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @122.59 from a trend line in the daily time frame.
- A resistance zone ranging from 131.69 to 132.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @137.18 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 AMR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AMR is neutral. |
| ChartMill Relative Strength | 7.02 | NEGATIVE | AMR has a low relative strength, it was outperformed by 92.98% 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) | DOWN | MIXED | The current price of AMR is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AMR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.88 | NEUTRAL | The RSI value for AMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.4 | POSITIVE | The MACD value suggests AMR has a positive trend. |
| Stochastics (14,3) | 68.01 | NEUTRAL | The Stochastics value for AMR is a neutral value. |
| Average True Range in percent/ATR (20) | 5.27 | HIGH VOLATILITY | The high ATR as a percentage value for AMR suggests high volalility. |
| Average Directional Index/ADX (14) | 17.83 | NEGATIVE | The low ADX value for AMR suggests a weak or negative 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)
116.64
-2.15 (-1.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.81%
1 Week16.91%
2 Weeks0.8%
1 Month4.96%
3 Month7.48%
6 Month-40.78%
12 Month-61.62%
2 Year-32.66%
3 Year-14.71%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)7.13
ATR(20)%5.27%
ATR Inc98.83%
Range Today6.2
ADR(20)5.81
ADR(20)%4.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.02
Mansfield-4.21
10 Day High121.53
10 Day Low97.41
20 Day High121.53
20 Day Low97.41
52 Week High326.69
52 Week Low97.41
CS1 EndN/A
CR1 Start118.79
Volume & EV
DER(3)0.15%
DER(5)1.19%
Volume354.50K
Volume Incr109.06%
Vol(5)617.16K
Vol(50)324.21K