We assign a technical rating of 0 out of 10 to AMSC. AMSC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
AMSC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 31.99, a Stop Loss order could be placed below this zone.
More info and screens
19.11
When analyzing the support we can see 4 important areas.
- A support zone ranging from 30.38 to 30.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.78 from a horizontal line in the daily time frame.
- Support @29.23 from a horizontal line in the daily time frame.
- Support @19.30 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 31.71 to 32.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @33.38 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 | DOWN | NEGATIVE | The long term trend for AMSC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AMSC is down. |
| ChartMill Relative Strength | 23.28 | NEGATIVE | AMSC has a low relative strength, it was outperformed by 76.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AMSC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AMSC is below a declining 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) | 37.76 | NEUTRAL | The RSI value for AMSC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.16 | POSITIVE | The MACD value suggests AMSC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.42 | OVERBOUGHT | The high Stochastics value suggests AMSC may be overbought. |
| Average True Range in percent/ATR (20) | 5.75 | HIGH VOLATILITY | The high ATR as a percentage value for AMSC suggests high volalility. |
| Average Directional Index/ADX (14) | 35.83 | POSITIVE | The high ADX value value for AMSC suggests a strong trend. |
31.07
-1.17 (-3.63%)
AMERICAN SUPERCONDUCTOR CORP / AMSC FAQ
What is the ChartMill technical rating of AMERICAN SUPERCONDUCTOR CORP (AMSC) stock?
ChartMill assigns a technical rating of 0 / 10 to AMSC.
Can you provide the trend direction for AMERICAN SUPERCONDUCTOR CORP?
The current trend direction for AMERICAN SUPERCONDUCTOR CORP (AMSC) is Bearish.
What is the RSI signal for AMERICAN SUPERCONDUCTOR CORP (AMSC) stock?
AMERICAN SUPERCONDUCTOR CORP (AMSC) has an RSI value of 37.7593. This indicates that the stock is currently neutral.
What is the short term momentum for AMERICAN SUPERCONDUCTOR CORP (AMSC) stock?
The short term momentum for AMERICAN SUPERCONDUCTOR CORP (AMSC) is negative.
What is the buy/sell signal for AMSC stock?
The buy/sell signal for AMERICAN SUPERCONDUCTOR CORP (AMSC) is sell as both the short term and long term trends are negative.