AMREIT Inc. (AMRE) Technical Analysis
NYSE:AMRE • US03216B2088
Current stock price
AMRE Technical Rating and Analysis
Taking everything into account, AMRE scores 8 out of 10 in our technical rating. In the last year, AMRE was one of the better performers, but we do observe some doubts in the very recent evolution.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the yearly performance of all stocks, we notice that AMRE is one of the better performing stocks in the market, outperforming 87% of all stocks. We also observe that the gains produced by AMRE over the past year are nicely spread over this period.
- AMRE is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so AMRE is leading the market.
- In the last month AMRE has a been trading in a tight range between 26.50 and 26.68.
AMRE Weekly and Daily overview Charts
AMRE Setup Rating and Analysis
AMRE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 26.53, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
AMRE Support and Resistance Analysis
16.33
When analyzing the support we can see 2 important areas.
- A support zone ranging from 26.25 to 26.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.49 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 26.56 to 26.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
AMRE 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 AMRE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AMRE is neutral. |
| ChartMill Relative Strength | 87.31 | POSITIVE | AMRE has a high relative strength, it outperformed 87.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AMRE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AMRE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AMRE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.9 | NEUTRAL | The RSI value for AMRE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests AMRE has a negative trend. |
| Average True Range in percent/ATR (20) | 0.26 | LOW VOLATILITY | The low ATR as a percentage value for AMRE suggests low volalility. |
AMRE Chart- and CandleStick Pattern Analysis
AMRE Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 26.59 | 26.50 | 0.09 (0.33%) | 25.00% |
| An entry @26.59. This is a Buy Stop order right above the 10 day moving average. | An exit @26.50. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.09 points, which is 0.33%. | For a 0.08% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of AMRE. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AMRE Technicals: Chart, Performance Metrics, Trend & Indicators
26.54
-0.14 (-0.52%)
AMREIT Inc. / AMRE TA FAQ
What is the technical rating for AMRE stock?
ChartMill assigns a technical rating of 7 / 10 to AMRE.
Can you provide the trend direction for AMREIT Inc.?
The current trend direction for AMREIT Inc. (AMRE) is Bullish.
Can you provide the RSI signal for AMREIT Inc.?
AMREIT Inc. (AMRE) has an RSI value of 48.8973. This indicates that the stock is currently neutral.
What is the MACD signal for AMREIT Inc. (AMRE) stock?
The MACD indicator for AMREIT Inc. (AMRE) has a value of -0.00420421, indicating a bearish trend.
Can you provide the short term momentum for AMREIT Inc.?
The short term momentum for AMREIT Inc. (AMRE) is neutral.