Taking everything into account, AMRI scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, AMRI has proven to be a steady performer, scoring decent points in every aspect analyzed.
AMRI has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 21.75. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.73, 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
13.39
2 important support areas can be observed.
- A support zone ranging from 21.62 to 21.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.53 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 21.75 to 21.77. This zone is formed by a combination of multiple trend lines 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 AMRI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMRI is up. |
| ChartMill Relative Strength | 87.04 | POSITIVE | AMRI has a high relative strength, it outperformed 87.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMRI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMRI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AMRI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.89 | NEUTRAL | The RSI value for AMRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests AMRI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 68.79 | NEUTRAL | The Stochastics value for AMRI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.2 | LOW VOLATILITY | The low ATR as a percentage value for AMRI suggests low volalility. |
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 |
|---|---|---|---|
| 21.78 | 21.69 | 0.09 (0.41%) | 25.00% |
| An entry @21.78. This is a Buy Stop order right above the resistance zone. | An exit @21.69. 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 0.41%. | For a 0.10% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
21.74
0 (0%)
ALBANY MOLECULAR RESH INC / AMRI FAQ
Can you provide the ChartMill technical rating for ALBANY MOLECULAR RESH INC?
ChartMill assigns a technical rating of 8 / 10 to AMRI.
What is the current trend direction of ALBANY MOLECULAR RESH INC (AMRI) stock?
The current trend direction for ALBANY MOLECULAR RESH INC (AMRI) is Bullish.
Can you provide the RSI signal for ALBANY MOLECULAR RESH INC?
ALBANY MOLECULAR RESH INC (AMRI) has an RSI value of 59.8887. This indicates that the stock is currently neutral.
What is the MACD signal for AMRI stock?
The MACD indicator for ALBANY MOLECULAR RESH INC (AMRI) has a value of -0.0149857, indicating a bearish trend.
What are the support and resistance levels for ALBANY MOLECULAR RESH INC (AMRI) stock?
ALBANY MOLECULAR RESH INC (AMRI) has a support level at 21.73 and a resistance level at 21.75. Check the full technical report for our detailed analysis of AMRI support and resistance levels.