AMERICAN SUPERCONDUCTOR CORP (AMSC) Stock Technical Analysis
NASDAQ:AMSC - US0301112076 - Common Stock
53.84 USD
+1.74 (+3.33%)
53.8 USD
-0.04 (-0.07%)
Taking everything into account, AMSC scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AMSC is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, AMSC did better than 97% of all other stocks. We also observe that the gains produced by AMSC over the past year are nicely spread over this period.
AMSC is one of the better performing stocks in the Electrical Equipment industry, it outperforms 93% of 93 stocks in the same industry.
AMSC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AMSC is lagging the market slightly.
AMSC has an average volume of 1156970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month AMSC has a been trading in the 46.46 - 58.42 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AMSC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 51.05, a Stop Loss order could be placed below this zone.
More info and screens
45.54
57.43
3 important support areas can be observed.
- A support zone ranging from 50.52 to 51.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @48.10 from a horizontal line in the daily time frame.
- Support @46.00 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @56.86 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 | UP | POSITIVE | The long term trend for AMSC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMSC is up. |
| ChartMill Relative Strength | 97.54 | POSITIVE | AMSC has a high relative strength, it outperformed 97.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AMSC is above a declining 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 | POSITIVE | The current price of AMSC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.5 | NEUTRAL | The RSI value for AMSC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.49 | NEGATIVE | The MACD value suggests AMSC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.63 | NEUTRAL | The Stochastics value for AMSC is a neutral value. |
| Average True Range in percent/ATR (20) | 6.01 | HIGH VOLATILITY | The high ATR as a percentage value for AMSC suggests high volalility. |
| Average Directional Index/ADX (14) | 31.13 | POSITIVE | The high ADX value value for AMSC suggests a strong 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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 56.87 | 50.51 | 6.36 (11.18%) | 8.94% |
| An entry @56.87. This is a Buy Stop order right above the resistance zone. | An exit @50.51. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 6.36 points, which is 11.18%. | For a 1.00% total portfolio risk, you can invest 8.94% of your capital in this trade. |
- 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.
53.84
+1.74 (+3.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg3.33%
1 Week10.8%
2 Weeks3.22%
1 Month-5.29%
3 Month90.52%
6 Month137.08%
12 Month166.27%
2 Year482.05%
3 Year908.24%
5 Year328.66%
10 Year887.89%
15 Year-79.92%
Volatility
ATR(14)3.01
ATR(20)%6.01%
ATR Inc-30.23%
Range Today2.16
ADR(20)3.12
ADR(20)%5.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.54
Mansfield6.89
10 Day High54.62
10 Day Low46.46
20 Day High58.42
20 Day Low46.46
52 Week High58.42
52 Week Low13.98
CS1 End51.05
CR1 Start56.86
Volume & EV
DER(3)1.71%
DER(5)1.78%
Volume743.80K
Volume Incr-43.8%
Vol(5)762.94K
Vol(50)1.16M