A-MARK PRECIOUS METALS INC (AMRK) Stock Technical Analysis
NASDAQ:AMRK - Nasdaq - US00181T1079 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to AMRK. AMRK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
92% of all other stocks performed better in the past year than AMRK.
AMRK is part of the Distributors industry. There are 19 other stocks in this industry, of which 61% are performing better than AMRK.
AMRK is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so AMRK is lagging the market.
In the last month AMRK has a been trading in the 20.55 - 24.21 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The technical rating of AMRK is bad and it also does not present a 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
19.53
23.57
When analyzing the support we notice one important area.
- A support zone ranging from 19.73 to 19.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 21.28 to 22.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @23.34 from a trend 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 | DOWN | NEGATIVE | The long term trend for AMRK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AMRK is down. |
| ChartMill Relative Strength | 8.24 | NEGATIVE | AMRK has a low relative strength, it was outperformed by 91.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AMRK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AMRK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AMRK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.7 | NEUTRAL | The RSI value for AMRK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests AMRK has a negative trend. |
| Stochastics (14,3) | 4.76 | OVERSOLD | The low Stochastics value suggests AMRK may be oversold. |
| Average True Range in percent/ATR (20) | 3.62 | MEDIUM VOLATILITY | The ATR as a percentage value for AMRK suggests some volalility. |
| Average Directional Index/ADX (14) | 18.59 | NEGATIVE | The low ADX value for AMRK suggests a weak or negative 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)
20.57
-0.71 (-3.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDistributors
Performance
% Chg-3.34%
1 Week-6.88%
2 Weeks-5.82%
1 Month-9.94%
3 Month-15.11%
6 Month-26.98%
12 Month-41.71%
2 Year-39.71%
3 Year-33.45%
5 Year71.99%
10 Year289.95%
15 YearN/A
Volatility
ATR(14)0.68
ATR(20)%3.62%
ATR Inc15.72%
Range Today0.8
ADR(20)0.73
ADR(20)%3.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.24
Mansfield-3.43
10 Day High23.09
10 Day Low20.55
20 Day High24.21
20 Day Low20.55
52 Week High47.39
52 Week Low19.39
CS1 End19.73
CR1 Start21.28
Volume & EV
DER(3)-6.35%
DER(5)-6.34%
Volume241.70K
Volume Incr-24.53%
Vol(5)173.28K
Vol(50)226.74K