AMARIN CORP PLC -ADR (AMRN) Stock Technical Analysis
NASDAQ:AMRN - Nasdaq - US0231114044 - ADR - Currency: USD
We assign a technical rating of 3 out of 10 to AMRN. AMRN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
86% of all other stocks performed better in the past year than AMRN.
AMRN is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AMRN is lagging the market.
AMRN has an average volume of 1203760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
AMRN is an average performer in the Biotechnology industry, it outperforms 59% of 562 stocks in the same industry.
In the last month AMRN has a been trading in the 8.84 - 11.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, AMRN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 10.84. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.14, a Stop Loss order could be placed below this zone.
More info and screens
7.92
12.67
We found 2 important support areas.
- A support zone ranging from 10.06 to 10.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.00 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 10.84 to 10.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.19 from a horizontal line in the daily time frame.
- Resistance @12.28 from a trend line in the daily time frame.
- Resistance @12.54 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.31
Mansfield-1.66
10 Day High11.5
10 Day Low9.44
20 Day High11.5
20 Day Low8.84
52 Week High18
52 Week Low7.08
Performance
1 Week-0.29%
2 Weeks-5.67%
1 Month3.47%
3 Month-17.13%
6 Month1.5%
12 Month-41.67%
2 Year-56.62%
3 Year-65%
5 Year-92.6%
10 Year-78.03%
15 Year-81.41%
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)
Technical Indicators
MACD(12,26,9)-0.06
RSI(14)50.34
LBB9.95
UBB11
10.15
-0.12 (-1.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.17%
1 Week-0.29%
2 Weeks-5.67%
1 Month3.47%
3 Month-17.13%
6 Month1.5%
12 Month-41.67%
2 Year-56.62%
3 Year-65%
5 Year-92.6%
10 Year-78.03%
15 Year-81.41%
Volatility
ATR(14)0.76
ATR(20)%7.8%
ATR Inc-51.46%
Range Today0.38
ADR(20)0.77
ADR(20)%7.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.31
Mansfield-1.66
10 Day High11.5
10 Day Low9.44
20 Day High11.5
20 Day Low8.84
52 Week High18
52 Week Low7.08
CS1 End10.14
CR1 Start10.84
Volume & EV
DER(3)-3.89%
DER(5)-2.39%
Volume81.40K
Volume Incr-60.91%
Vol(5)107.42K
Vol(50)1.20M