AMERISAFE INC (AMSF) Technical Analysis
NASDAQ:AMSF • US03071H1005
Current stock price
AMSF Technical Rating and Analysis
Overall AMSF gets a technical rating of 0 out of 10. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 88% of all other stocks performed better in the past year than AMSF.
- AMSF is one of the lesser performing stocks in the Insurance industry. 74% of 148 stocks in the same industry do better.
- 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.
- In the last month AMSF has a been trading in the 32.00 - 37.57 range, which is quite wide. It is currently trading near the lows of this range.
- Volume is considerably higher in the last couple of days.
AMSF Weekly and Daily overview Charts
AMSF Setup Rating and Analysis
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 support zone below the current price at 32.28, a Stop Loss order could be placed below this zone.
More info and screens
AMSF Support and Resistance Analysis
31.96
We found 1 important support area.
- A support zone ranging from 32.28 to 32.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 33.11 to 33.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 36.99 to 37.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 38.36 to 38.77. 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 | 12.85 | NEGATIVE | AMSF has a low relative strength, it was outperformed by 87.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AMSF is below a declining 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) | 39.62 | NEUTRAL | The RSI value for AMSF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests AMSF has a positive trend. |
| Stochastics (14,3) | 12.17 | OVERSOLD | The low Stochastics value suggests AMSF may be oversold. |
| Average True Range in percent/ATR (20) | 3.36 | MEDIUM VOLATILITY | The ATR as a percentage value for AMSF suggests some volalility. |
| Average Directional Index/ADX (14) | 32.26 | 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
33.1
+0.81 (+2.51%)
AMERISAFE INC / AMSF TA FAQ
What is the technical rating for AMSF stock?
ChartMill assigns a technical rating of 0 / 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 39.6228. 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.