Taking everything into account, AMSC scores 0 out of 10 in our technical rating. AMSC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, AMSC does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
18.67
We found 3 important support areas.
- Support @30.38 from a horizontal line in the weekly time frame.
- A support zone ranging from 29.04 to 29.23. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @18.86 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- 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 | 18.92 | NEGATIVE | AMSC has a low relative strength, it was outperformed by 81.08% 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) | 37.74 | NEUTRAL | The RSI value for AMSC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.69 | POSITIVE | The MACD value suggests AMSC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 25.48 | NEUTRAL | The Stochastics value for AMSC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.9 | HIGH VOLATILITY | The high ATR as a percentage value for AMSC suggests high volalility. |
| Average Directional Index/ADX (14) | 35.55 | POSITIVE | The high ADX value value for AMSC suggests a strong trend. |
30.59
+1.55 (+5.34%)
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 37.7426. 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.