AMREIT Inc. (AMRE) Stock Technical Analysis
NYSE:AMRE - New York Stock Exchange, Inc. - US03216B2088
Overall AMRE gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, AMRE did better than 87% of all other 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 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. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
16.33
27.00
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.
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. |
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)
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 trade has a worst case loss of 0.09 points, which is 0.33%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.08%. |
- 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.
26.54
-0.14 (-0.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.52%
1 Week-0.26%
2 Weeks-0.34%
1 Month0.08%
3 Month0.04%
6 Month12.51%
12 Month57.04%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%0.26%
ATR Inc173.17%
Range Today0.05
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
CRS87.31
Mansfield1.31
10 Day High26.68
10 Day Low26.51
20 Day High26.68
20 Day Low26.5
52 Week High27.1
52 Week Low16
CS1 End26.53
CR1 Start26.56
Volume & EV
DER(3)-0.66%
DER(5)0.73%
Volume116.50K
Volume Incr-22.93%
Vol(5)161.14K
Vol(50)194.19K