AMERISAFE INC (AMSF) Stock Technical Analysis
USA - NASDAQ:AMSF - US03071H1005 - Common Stock
39.81 USD
-0.27 (-0.67%)
39.81 USD
0 (0%)
Taking everything into account, AMSF scores 0 out of 10 in our technical rating. 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.
89% of all other stocks performed better in the past year than AMSF.
AMSF is part of the Insurance industry. There are 146 other stocks in this industry, of which 77% are performing better than AMSF.
AMSF is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month AMSF has a been trading in the 39.09 - 42.63 range, which is quite wide. It is currently trading near the lows of this range.
Although the technical rating is bad, AMSF does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
39.32
46.93
When analyzing the support we notice one important area.
- A support zone ranging from 39.72 to 39.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 40.86 to 41.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 42.15 to 42.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 43.20 to 43.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @44.93 from a trend line in the daily time frame.
- A resistance zone ranging from 46.03 to 46.47. This zone is formed by a combination of multiple trend lines 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 | 11.61 | NEGATIVE | AMSF has a low relative strength, it was outperformed by 88.39% 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) | 34.17 | NEUTRAL | The RSI value for AMSF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests AMSF has a negative trend. |
| Stochastics (14,3) | 27.29 | NEUTRAL | The Stochastics value for AMSF is a neutral value. |
| Average True Range in percent/ATR (20) | 2.34 | MEDIUM VOLATILITY | The ATR as a percentage value for AMSF suggests some volalility. |
| Average Directional Index/ADX (14) | 27.44 | POSITIVE | The high ADX value value for AMSF 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)
39.81
-0.27 (-0.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.67%
1 Week-3.35%
2 Weeks-4.72%
1 Month-5.53%
3 Month-11.12%
6 Month-15.64%
12 Month-32.54%
2 Year-17.34%
3 Year-32.95%
5 Year-27.26%
10 Year-26.06%
15 Year115.31%
Volatility
ATR(14)0.95
ATR(20)%2.34%
ATR Inc6.22%
Range Today1.09
ADR(20)0.91
ADR(20)%2.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.61
3 months CRS14.27
6 months CRS12.8
Mansfield-2.65
10 Day High42.21
10 Day Low39.09
20 Day High42.64
20 Day Low39.09
52 Week High60.24
52 Week Low39.09
CS1 End39.8
CR1 Start40.86
Volume & EV
DER(3)1.21%
DER(5)0.25%
Volume154.10K
Volume Incr21.79%
Vol(5)154.60K
Vol(50)126.87K
AMERISAFE INC / AMSF FAQ
What is the technical rating for AMSF stock?
ChartMill assigns a technical rating of 0 / 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 34.17. 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.