ALPHA METALLURGICAL RESOURCE (AMR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AMR - US0207641061 - Common Stock
Overall AMR gets a technical rating of 2 out of 10. In the last year, AMR was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
Although the technical rating is bad, AMR does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 153.01, a Stop Loss order could be placed below this zone.
More info and screens
151.48
When analyzing the support we notice one important area.
- Support @153.01 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 161.18 to 165.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @173.27 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for AMR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AMR is down. |
| ChartMill Relative Strength | 24.25 | NEGATIVE | AMR has a low relative strength, it was outperformed by 75.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AMR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AMR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of AMR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.52 | NEUTRAL | The RSI value for AMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.61 | NEGATIVE | The MACD value suggests AMR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.56 | OVERSOLD | The low Stochastics value suggests AMR may be oversold. |
| Average True Range in percent/ATR (20) | 6.01 | HIGH VOLATILITY | The high ATR as a percentage value for AMR suggests high volalility. |
| Average Directional Index/ADX (14) | 15.49 | NEGATIVE | The low ADX value for AMR suggests a weak or negative trend. |
157.06
+2.53 (+1.64%)
ALPHA METALLURGICAL RESOURCE / AMR FAQ
Can you provide the ChartMill technical rating for ALPHA METALLURGICAL RESOURCE?
ChartMill assigns a technical rating of 2 / 10 to AMR.
What is the trend direction for AMR stock?
The current trend direction for ALPHA METALLURGICAL RESOURCE (AMR) is Bearish.
What is the RSI signal for AMR stock?
ALPHA METALLURGICAL RESOURCE (AMR) has an RSI value of 44.5237. This indicates that the stock is currently neutral.
What is the MACD signal for ALPHA METALLURGICAL RESOURCE (AMR) stock?
The MACD indicator for ALPHA METALLURGICAL RESOURCE (AMR) has a value of -1.60855, indicating a bearish trend.