AMERICAN SUPERCONDUCTOR CORP (AMSC) Technical Analysis
NASDAQ:AMSC • US0301112076
Current stock price
AMSC Technical Rating and Analysis
Taking everything into account, AMSC scores 9 out of 10 in our technical rating. In the last year, AMSC was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- When comparing the yearly performance of all stocks, we notice that AMSC is one of the better performing stocks in the market, outperforming 92% of all stocks.
- AMSC is one of the better performing stocks in the Electrical Equipment industry, it outperforms 73% of 91 stocks in the same industry.
- In the last month AMSC has a been trading in the 28.55 - 39.60 range, which is quite wide. It is currently trading near the high of this range.
- AMSC has an average volume of 1166330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- AMSC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AMSC is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
AMSC Weekly and Daily overview Charts
AMSC Setup Rating and Analysis
Although AMSC has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
AMSC Support and Resistance Analysis
28.90
We found 3 important support areas.
- A support zone ranging from 32.81 to 33.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @29.98 from a trend line in the daily time frame.
- Support @29.19 from a trend line in the weekly time frame.
AMSC 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 AMSC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMSC is up. |
| ChartMill Relative Strength | 92.64 | POSITIVE | AMSC has a high relative strength, it outperformed 92.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMSC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMSC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of AMSC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.73 | NEUTRAL | The RSI value for AMSC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.76 | POSITIVE | The MACD value suggests AMSC has a positive trend. |
| Stochastics (14,3) | 89.32 | OVERBOUGHT | The high Stochastics value suggests AMSC may be overbought. |
| Average True Range in percent/ATR (20) | 5.6 | HIGH VOLATILITY | The high ATR as a percentage value for AMSC suggests high volalility. |
| Average Directional Index/ADX (14) | 16.48 | NEGATIVE | The low ADX value for AMSC suggests a weak or negative trend. |
AMSC Chart- and CandleStick Pattern Analysis
AMSC Technicals: Chart, Performance Metrics, Trend & Indicators
39.45
+1.64 (+4.34%)
AMERICAN SUPERCONDUCTOR CORP / AMSC TA FAQ
What is the ChartMill technical rating of AMERICAN SUPERCONDUCTOR CORP (AMSC) stock?
ChartMill assigns a technical rating of 9 / 10 to AMSC.
What is the trend direction for AMSC stock?
The current trend direction for AMERICAN SUPERCONDUCTOR CORP (AMSC) is Bearish.
Can you provide the RSI signal for AMERICAN SUPERCONDUCTOR CORP?
AMERICAN SUPERCONDUCTOR CORP (AMSC) has an RSI value of 67.7276. This indicates that the stock is currently neutral.
What is the short term momentum for AMSC stock?
The short term momentum for AMERICAN SUPERCONDUCTOR CORP (AMSC) is positive.
What are the support and resistance levels for AMERICAN SUPERCONDUCTOR CORP (AMSC) stock?
AMERICAN SUPERCONDUCTOR CORP (AMSC) has a support level at 33.12. Check the full technical report for our detailed analysis of AMSC support and resistance levels.