AMERICAN SUPERCONDUCTOR CORP (AMSC) Stock Technical Analysis
NASDAQ:AMSC - Nasdaq - US0301112076 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to AMSC. Both in the recent history as in the last year, AMSC has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
AMSC is part of the Electrical Equipment industry. There are 94 other stocks in this industry. AMSC outperforms 88% of them.
AMSC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
AMSC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
AMSC has an average volume of 1098610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, AMSC did better than 95% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Although AMSC has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
38.23
39.56
When analyzing the support we notice one important area.
- A support zone ranging from 38.62 to 39.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 95.18 | POSITIVE | AMSC has a high relative strength, it outperformed 95.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMSC is above the rising 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) | 69.46 | NEUTRAL | The RSI value for AMSC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests AMSC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.44 | OVERBOUGHT | The high Stochastics value suggests AMSC may be overbought. |
| Average True Range in percent/ATR (20) | 5.05 | HIGH VOLATILITY | The high ATR as a percentage value for AMSC suggests high volalility. |
| Average Directional Index/ADX (14) | 39.97 | 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)
39.17
-0.55 (-1.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-1.37%
1 Week-1.83%
2 Weeks6.79%
1 Month32.02%
3 Month117.61%
6 Month44.65%
12 Month31.44%
2 Year288.59%
3 Year537.95%
5 Year321.18%
10 Year683.4%
15 Year-87.01%
Volatility
ATR(14)2.12
ATR(20)%5.05%
ATR Inc-11.37%
Range Today1.8
ADR(20)1.97
ADR(20)%5.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.18
Mansfield4.24
10 Day High41.1
10 Day Low34.87
20 Day High41.1
20 Day Low28.12
52 Week High41.1
52 Week Low13.98
CS1 End39.16
CR1 StartN/A
Volume & EV
DER(3)0.48%
DER(5)-0.94%
Volume716.30K
Volume Incr-43.65%
Vol(5)880.60K
Vol(50)1.10M