AMERISAFE INC (AMSF) Technical Analysis
NASDAQ:AMSF • US03071H1005
Current stock price
AMSF Technical Rating and Analysis
Overall AMSF gets a technical rating of 1 out of 10. AMSF'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 86% of all other stocks performed better in the past year than AMSF.
- AMSF is part of the Insurance industry. There are 148 other stocks in this industry, of which 74% are performing better than AMSF.
- AMSF is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so AMSF is lagging the market.
- AMSF is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
AMSF Weekly and Daily overview Charts
AMSF Setup Rating and Analysis
Although the technical rating is bad, AMSF does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 32.53, a Stop Loss order could be placed below this zone.
More info and screens
AMSF Support and Resistance Analysis
31.96
When analyzing the support we notice one important area.
- A support zone ranging from 32.28 to 32.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 32.74 to 33.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 36.99 to 37.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 38.36 to 38.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @39.53 from a horizontal line in the daily time frame.
AMSF Technical Indicator Signal Analysis
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 | 14.02 | NEGATIVE | AMSF has a low relative strength, it was outperformed by 85.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AMSF is below 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) | 38.03 | NEUTRAL | The RSI value for AMSF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests AMSF has a positive trend. |
| Stochastics (14,3) | 34.71 | NEUTRAL | The Stochastics value for AMSF is a neutral value. |
| Average True Range in percent/ATR (20) | 2.82 | MEDIUM VOLATILITY | The ATR as a percentage value for AMSF suggests some volalility. |
| Average Directional Index/ADX (14) | 30.04 | POSITIVE | The high ADX value value for AMSF suggests a strong trend. |
AMSF Chart- and CandleStick Pattern Analysis
AMSF Technicals: Chart, Performance Metrics, Trend & Indicators
32.73
-0.25 (-0.76%)
AMERISAFE INC / AMSF TA FAQ
What is the technical rating for AMSF stock?
ChartMill assigns a technical rating of 1 / 10 to AMSF.
What is the trend direction for AMSF stock?
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 38.0313. 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 AMSF stock?
The buy/sell signal for AMERISAFE INC (AMSF) is sell as both the short term and long term trends are negative.