AMRK Technical Analysis - A-MARK PRECIOUS METALS INC

Technical Rating and Analysis

Overall AMRK gets a technical rating of 6 out of 10. AMRK has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.

79% of all other stocks performed better in the past year than AMRK.

AMRK is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.

In the last month AMRK has a been trading in the 22.00 - 28.12 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, which is what you like to see during a strong movement up.

AMRK is part of the Distributors industry. There are 22 other stocks in this industry, AMRK did better than 61% of them.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

A-MARK PRECIOUS METALS INC / AMRK Weekly stock chart

A-MARK PRECIOUS METALS INC / AMRK Daily stock chart

Setup Rating and Analysis

AMRK has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

More info and screens

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

20.53

27.43

2 important support areas can be observed.

A support zone ranging from 21.21 to 21.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @20.74 from a horizontal line in the daily time frame.

We found 1 important resistance area.

Resistance @27.16 from a horizontal line in the weekly time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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	NEUTRAL	NEUTRAL	The long term trend for AMRK is neutral.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for AMRK is up.
ChartMill Relative Strength	21.81	NEGATIVE	AMRK has a low relative strength, it was outperformed by 78.19% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of AMRK is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of AMRK is above the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	MIXED	The current price of AMRK is above a declining SMA(200).
Relative Strength Index/RSI (14)	68.17	NEUTRAL	The RSI value for AMRK is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.3	POSITIVE	The MACD value suggests AMRK has a positive trend, although the MACD value is declining.
Stochastics (14,3)	83.77	OVERBOUGHT	The high Stochastics value suggests AMRK may be overbought.
Average True Range in percent/ATR (20)	4.2	MEDIUM VOLATILITY	The ATR as a percentage value for AMRK suggests some volalility.
Average Directional Index/ADX (14)	25.58	POSITIVE	The high ADX value value for AMRK suggests a strong trend.