AMERICAN SUPERCONDUCTOR CORP (AMSC) Stock Technical Analysis
USA - NASDAQ:AMSC - US0301112076 - Common Stock
56.24 USD
-3.55 (-5.95%)
55.5 USD
-0.74 (-1.32%)
Taking everything into account, AMSC scores 7 out of 10 in our technical rating. In the last year, AMSC was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, AMSC did better than 95% of all other stocks.
AMSC is part of the Electrical Equipment industry. There are 93 other stocks in this industry. AMSC outperforms 83% of them.
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 1148320 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 54.13 - 65.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, AMSC also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
48.38
60.30
2 important support areas can be observed.
- Support @56.23 from a horizontal line in the daily time frame.
- Support @48.87 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @56.40 from a trend line in the weekly time frame.
- A resistance zone ranging from 59.22 to 59.70. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for AMSC is neutral. |
| ChartMill Relative Strength | 95.73 | POSITIVE | AMSC has a high relative strength, it outperformed 95.73% 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 | MIXED | The current price of AMSC is above a declining 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) | 47.75 | NEUTRAL | The RSI value for AMSC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.63 | NEGATIVE | The MACD value suggests AMSC has a negative trend. |
| Stochastics (14,3) | 42.87 | NEUTRAL | The Stochastics value for AMSC is a neutral value. |
| Average True Range in percent/ATR (20) | 7.43 | HIGH VOLATILITY | The high ATR as a percentage value for AMSC suggests high volalility. |
| Average Directional Index/ADX (14) | 19.48 | NEGATIVE | The low ADX value for AMSC suggests a weak or negative 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 |
|---|---|---|---|
| 56.41 | 56.22 | 0.19 (0.34%) | 25.00% |
| An entry @56.41. This is a Buy Stop order right above the resistance zone. | An exit @56.22. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.19 points, which is 0.34%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.08%. |
- 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.
56.24
-3.55 (-5.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-5.95%
1 Week-5.16%
2 Weeks-3.98%
1 Month-0.14%
3 Month43.58%
6 Month212.44%
12 Month134.33%
2 Year797.69%
3 Year1144.25%
5 Year304.31%
10 Year935.73%
15 Year-83.29%
Volatility
ATR(14)4.2
ATR(20)%7.43%
ATR Inc10.58%
Range Today6.94
ADR(20)4.06
ADR(20)%7.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.73
Mansfield5.81
10 Day High63.64
10 Day Low55.51
20 Day High65.7
20 Day Low54.13
52 Week High65.7
52 Week Low13.98
CS1 End56.23
CR1 Start56.4
Volume & EV
DER(3)-0.03%
DER(5)-1.53%
Volume1.26M
Volume Incr-3.2%
Vol(5)1.22M
Vol(50)1.15M