AMERICAN SUPERCONDUCTOR CORP (AMSC) Stock Technical Analysis
NASDAQ:AMSC - Nasdaq - US0301112076 - Common Stock - Currency: USD
Overall AMSC gets a technical rating of 9 out of 10. 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 81% of them.
Looking at the yearly performance, AMSC did better than 89% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
AMSC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AMSC is lagging the market.
In the last month AMSC has a been trading in the 22.78 - 34.77 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although AMSC has an excellent technical rating, it does not offer a high quality setup 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
16.92
34.96
2 important support areas can be observed.
- A support zone ranging from 29.22 to 29.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.09 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @31.48 from a horizontal line in the weekly time frame.
- Resistance @34.61 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 | 89.48 | POSITIVE | AMSC has a high relative strength, it outperformed 89.48% 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) | 57.42 | NEUTRAL | The RSI value for AMSC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests AMSC has a negative trend. |
| Stochastics (14,3) | 67.69 | NEUTRAL | The Stochastics value for AMSC is a neutral value. |
| Average True Range in percent/ATR (20) | 6.3 | HIGH VOLATILITY | The high ATR as a percentage value for AMSC suggests high volalility. |
| Average Directional Index/ADX (14) | 42.98 | 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)
29.23
-0.44 (-1.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-1.48%
1 Week-8.25%
2 Weeks4.24%
1 Month23.13%
3 Month46.15%
6 Month13.16%
12 Month12.77%
2 Year366.93%
3 Year464.29%
5 Year259.53%
10 Year458.89%
15 Year-89.05%
Volatility
ATR(14)1.99
ATR(20)%6.3%
ATR Inc133.06%
Range Today1.68
ADR(20)1.62
ADR(20)%5.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.48
Mansfield1.23
10 Day High34.77
10 Day Low27.04
20 Day High34.77
20 Day Low22.78
52 Week High38.02
52 Week Low13.98
CS1 End29.22
CR1 Start31.48
Volume & EV
DER(3)-1.14%
DER(5)1.73%
Volume1.80M
Volume Incr162.91%
Vol(5)2.39M
Vol(50)865.69K