AMERICAN SUPERCONDUCTOR CORP (AMSC)

US0301112076 - Common Stock

12.51  +0.24 (+1.96%)

After market: 12.51 0 (0%)

Technical Rating and Analysis

6

Overall AMSC gets a technical rating of 6 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that AMSC is one of the better performing stocks in the market, outperforming 98% of all stocks.
AMSC is part of the Electrical Equipment industry. There are 86 other stocks in this industry. AMSC outperforms 95% of them.
AMSC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AMSC is lagging the market slightly.
In the last month AMSC has a been trading in the 11.36 - 13.39 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
AMSC Weekly chart
AMSC Daily chart
Setup Rating and Analysis

7

AMSC has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.

Support and Resistance Analysis

8.41

14.84

4 important support areas can be observed.

  • A support zone ranging from 11.94 to 11.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 11.65 to 11.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @11.16 from a trend line in the daily time frame.
  • Support @8.49 from a trend line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 12.52 to 12.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @14.69 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.29
Mansfield2.25
10 Day High12.61
10 Day Low11.36
20 Day High13.39
20 Day Low11.36
52 Week High17.37
52 Week Low3.71
Performance
1 Week6.56%
2 Weeks3.73%
1 Month-7.26%
3 Month12%
6 Month61.42%
12 Month220.77%
2 Year134.71%
3 Year-24.04%
5 Year13.32%
10 Year-2.27%
15 Year-95.13%
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)0.04
RSI(14)50.15
LBB11.36
UBB12.93
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
12.5311.930.60 (4.79%)20.88%
An entry @12.53. This is a Buy Stop order right above the resistance zone.An exit @11.93. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.60 points, which is 4.79%.For a 1.00% total portfolio risk, you can invest 20.88% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of AMSC. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AMSC Daily chart

AMERICAN SUPERCONDUCTOR CORP

NASDAQ:AMSC (4/29/2024, 3:50:24 PM)

After market: 12.51 0 (0%)

12.51

+0.24 (+1.96%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg1.96%
1 Week6.56%
2 Weeks3.73%
1 Month-7.26%
3 Month12%
6 Month61.42%
12 Month220.77%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.53
ATR(20)%4.25%
ATR Inc
Range Today0.28
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High12.61
10 Day Low11.36
20 Day High13.39
20 Day Low11.36
52 Week High17.37
52 Week Low3.71
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume200.54K
Volume Incr-19.77%
Vol(5)258.57K
Vol(50)464.64K