AMARIN CORP PLC -ADR (AMRN) Technical Analysis
NASDAQ:AMRN • US0231114044
Overall AMRN gets a technical rating of 2 out of 10. AMRN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When compared to the yearly performance of all other stocks, AMRN outperforms 66% of them, which is more or less in line with the market.
- AMRN is part of the Biotechnology industry. There are 520 other stocks in this industry, AMRN did better than 58% of them.
- AMRN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AMRN is lagging the market.
- In the last month AMRN has a been trading in the 13.51 - 16.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, AMRN does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 13.79, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AMRN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
13.36
We found 1 important support area.
- A support zone ranging from 13.49 to 13.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 14.57 to 15.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @15.77 from a horizontal line in the daily time frame.
- Resistance @16.27 from a horizontal line in the weekly time frame.
- Resistance @16.54 from a horizontal line in the daily time frame.
- Resistance @16.98 from a horizontal line in the daily 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 AMRN is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AMRN is down. |
| ChartMill Relative Strength | 66.15 | NEUTRAL | AMRN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AMRN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AMRN is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of AMRN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.98 | NEUTRAL | The RSI value for AMRN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests AMRN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34 | NEUTRAL | The Stochastics value for AMRN is a neutral value. |
| Average True Range in percent/ATR (20) | 5.4 | HIGH VOLATILITY | The high ATR as a percentage value for AMRN suggests high volalility. |
| Average Directional Index/ADX (14) | 17.23 | NEGATIVE | The low ADX value for AMRN suggests a weak or negative trend. |
AMRN Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:AMRN (3/5/2026, 4:31:29 PM)
14.18
-0.36 (-2.48%)
AMARIN CORP PLC -ADR / AMRN FAQ
What is the technical rating for AMRN stock?
ChartMill assigns a technical rating of 2 / 10 to AMRN.
What is the trend direction for AMRN stock?
The current trend direction for AMARIN CORP PLC -ADR (AMRN) is Bearish.
Can you provide the RSI signal for AMARIN CORP PLC -ADR?
AMARIN CORP PLC -ADR (AMRN) has an RSI value of 42.9783. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AMARIN CORP PLC -ADR?
The MACD indicator for AMARIN CORP PLC -ADR (AMRN) has a value of -0.103753, indicating a bearish trend.
Can you provide the support and resistance levels for AMARIN CORP PLC -ADR?
AMARIN CORP PLC -ADR (AMRN) has a support level at 13.79 and a resistance level at 14.57. Check the full technical report for our detailed analysis of AMRN support and resistance levels.