We assign a technical rating of 1 out of 10 to AMSF. AMSF scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
AMSF has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 41.55. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 40.70, a Stop Loss order could be placed below this zone.
More info and screens
39.32
We found 1 important support area.
- A support zone ranging from 39.72 to 40.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 41.55 to 42.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @43.93 from a trend line in the daily time frame.
- Resistance @46.03 from a horizontal line in the daily time frame.
- Resistance @46.90 from a horizontal line in the weekly time frame.
- Resistance @48.22 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 AMSF is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AMSF is down. |
| ChartMill Relative Strength | 15.03 | NEGATIVE | AMSF has a low relative strength, it was outperformed by 84.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMSF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AMSF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AMSF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.86 | NEUTRAL | The RSI value for AMSF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests AMSF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 45.02 | NEUTRAL | The Stochastics value for AMSF is a neutral value. |
| Average True Range in percent/ATR (20) | 2.19 | MEDIUM VOLATILITY | The ATR as a percentage value for AMSF suggests some volalility. |
| Average Directional Index/ADX (14) | 18.75 | NEGATIVE | The low ADX value for AMSF suggests a weak or negative trend. |
40.8
-0.11 (-0.27%)
AMERISAFE INC / AMSF FAQ
What is the technical rating for AMSF stock?
ChartMill assigns a technical rating of 1 / 10 to AMSF.
Can you provide the trend direction for AMERISAFE INC?
The current trend direction for AMERISAFE INC (AMSF) is Bearish.
What is the RSI signal for AMERISAFE INC (AMSF) stock?
AMERISAFE INC (AMSF) has an RSI value of 46.8618. This indicates that the stock is currently neutral.
What is the short term momentum for AMSF stock?
The short term momentum for AMERISAFE INC (AMSF) is negative.
What is the buy/sell signal for AMERISAFE INC (AMSF) stock?
The buy/sell signal for AMERISAFE INC (AMSF) is sell as both the short term and long term trends are negative.