ALBANY MOLECULAR RESH INC (AMRI) Technical Analysis
NASDAQ:AMRI • US0124231095
Current stock price
AMRI Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to AMRI. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that AMRI is one of the better performing stocks in the market, outperforming 87% of all stocks.
- AMRI 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 AMRI is leading the market.
- In the last month AMRI has a been trading in a tight range between 21.65 and 21.78.
- Volume is considerably higher in the last couple of days.
AMRI Weekly and Daily overview Charts
AMRI Setup Rating and Analysis
Besides having an excellent technical rating, AMRI 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
AMRI Support and Resistance Analysis
13.39
When analyzing the support we can see 2 important areas.
- 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.
We found 1 important resistance 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.
AMRI 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 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. |
AMRI Chart- and CandleStick Pattern Analysis
AMRI 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 |
|---|---|---|---|
| 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 worst case loss on the trade is limited to 0.09 points, which is 0.41%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.10%. |
- 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.
AMRI Technicals: Chart, Performance Metrics, Trend & Indicators
21.74
0 (0%)
ALBANY MOLECULAR RESH INC / AMRI TA 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.
What is the RSI signal for AMRI stock?
ALBANY MOLECULAR RESH INC (AMRI) has an RSI value of 59.8887. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for ALBANY MOLECULAR RESH INC?
The buy/sell signal for ALBANY MOLECULAR RESH INC (AMRI) is buy as both the short term and long term trends are positive.
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.