American River Bkshs (AMRB) Stock Technical Analysis
NASDAQ:AMRB - Nasdaq -
We assign a technical rating of 10 out of 10 to AMRB. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AMRB is showing a nice and steady performance.
Warning: AMRB has an average volume of 10586 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, AMRB did better than 90% of all other stocks. We also observe that the gains produced by AMRB over the past year are nicely spread over this period.
AMRB is part of the Banks industry. There are 393 other stocks in this industry. AMRB outperforms 97% of them.
A new 52 week high is currently being made by AMRB, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month AMRB has a been trading in the 17.61 - 21.40 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.
Although AMRB has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
17.06
21.12
When analyzing the support we can see 3 important areas.
- A support zone ranging from 18.48 to 18.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 18.00 to 18.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.23 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 AMRB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMRB is up. |
| ChartMill Relative Strength | 90.28 | POSITIVE | AMRB has a high relative strength, it outperformed 90.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMRB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMRB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AMRB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.79 | OVERBOUGHT | The high RSI value suggests AMRB may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests AMRB has a positive trend. |
| Stochastics (14,3) | 90.93 | OVERBOUGHT | The high Stochastics value suggests AMRB may be overbought. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for AMRB suggests some volalility. |
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)
NASDAQ:AMRB (8/6/2021, 8:00:36 PM)
20.91
+0.41 (+2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2%
1 Week5.34%
2 Weeks11.82%
1 Month16.04%
3 Month4.55%
6 Month51.07%
12 Month114.24%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%2.23%
ATR Inc37.7%
Range Today0.9
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.28
Mansfield2.66
10 Day High21.4
10 Day Low18.65
20 Day High21.4
20 Day Low17.61
52 Week High21.4
52 Week Low8.9
CS1 End18.74
CR1 StartN/A
Volume & EV
DER(3)-1.13%
DER(5)-0.68%
Volume115.10K
Volume Incr215.16%
Vol(5)25.52K
Vol(50)10.59K