A-MARK PRECIOUS METALS INC (AMRK) Stock Technical Analysis
USA - NASDAQ:AMRK - US00181T1079 - Common Stock
26.54 USD
-1.15 (-4.15%)
26.5 USD
-0.04 (-0.15%)
Taking everything into account, AMRK scores 6 out of 10 in our technical rating. 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.
81% 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 an average performer in the Distributors industry, it outperforms 57% of 22 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
20.53
27.25
3 important support areas can be observed.
- Support @22.62 from a horizontal line in the daily time frame.
- A support zone ranging from 21.20 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.
When analyzing the resistance we notice one important area.
- Resistance @26.98 from a horizontal line in the weekly time frame.
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 | 19.8 | NEGATIVE | AMRK has a low relative strength, it was outperformed by 80.2% 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) | 65.41 | NEUTRAL | The RSI value for AMRK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests AMRK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.5 | OVERBOUGHT | The high Stochastics value suggests AMRK may be overbought. |
| Average True Range in percent/ATR (20) | 4.21 | MEDIUM VOLATILITY | The ATR as a percentage value for AMRK suggests some volalility. |
| Average Directional Index/ADX (14) | 25.74 | POSITIVE | The high ADX value value for AMRK suggests a strong trend. |
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)
26.54
-1.15 (-4.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDistributors
Performance
% Chg-4.15%
1 Week10.4%
2 Weeks11.28%
1 Month14.54%
3 Month26.5%
6 Month-6.62%
12 Month-38.35%
2 Year-9.51%
3 Year-6.52%
5 Year57.41%
10 Year359.17%
15 YearN/A
Volatility
ATR(14)1.19
ATR(20)%4.21%
ATR Inc2.68%
Range Today1.32
ADR(20)1.07
ADR(20)%4.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.8
Mansfield-1.2
10 Day High28.12
10 Day Low22
20 Day High28.12
20 Day Low22
52 Week High46.31
52 Week Low19.39
CS1 End22.62
CR1 Start26.98
Volume & EV
DER(3)0.83%
DER(5)1.5%
Volume550.54K
Volume Incr147.25%
Vol(5)638.46K
Vol(50)255.37K