American River Bkshs (AMRB) Technical Analysis
NASDAQ:AMRB
Current stock price
AMRB Technical Rating and Analysis
Taking everything into account, AMRB scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, AMRB has proven to be a steady performer, scoring decent points in every aspect analyzed.
- 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.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that AMRB is one of the better performing stocks in the market, outperforming 90% of all stocks. We also observe that the gains produced by AMRB over the past year are nicely spread over this period.
- AMRB is one of the better performing stocks in the Banks industry, it outperforms 99% of 376 stocks in the same industry.
- AMRB is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- 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.
AMRB Weekly and Daily overview Charts
AMRB Setup Rating and Analysis
Although AMRB 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.
More info and screens
AMRB Support and Resistance Analysis
17.06
3 important support areas can be observed.
- 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.
AMRB Technical Indicator Signal Analysis
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. |
AMRB Chart- and CandleStick Pattern Analysis
AMRB Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:AMRB (8/6/2021, 8:00:36 PM)
20.91
+0.41 (+2%)
American River Bkshs / AMRB TA FAQ
What is the ChartMill technical rating of American River Bkshs (AMRB) stock?
ChartMill assigns a technical rating of 10 / 10 to AMRB.
What is the current trend direction of American River Bkshs (AMRB) stock?
The current trend direction for American River Bkshs (AMRB) is Bullish.
What is the RSI signal for American River Bkshs (AMRB) stock?
American River Bkshs (AMRB) has an RSI value of 76.7935. This indicates that the stock is currently overbought.
What is the short term momentum for AMRB stock?
The short term momentum for American River Bkshs (AMRB) is positive.
What are the support and resistance levels for American River Bkshs (AMRB) stock?
American River Bkshs (AMRB) has a support level at 18.74. Check the full technical report for our detailed analysis of AMRB support and resistance levels.