AMERISAFE INC (AMSF) Stock Technical Analysis
NASDAQ:AMSF - Nasdaq - US03071H1005 - Common Stock - Currency: USD
Taking everything into account, AMSF scores 1 out of 10 in our technical rating. AMSF has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
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.
Looking at the yearly performance, AMSF did better than 72% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
AMSF is an average performer in the Insurance industry, it outperforms 57% of 143 stocks in the same industry.
AMSF is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
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 48.89. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 47.20, a Stop Loss order could be placed below this zone.
More info and screens
46.73
53.60
We found 1 important support area.
- Support @47.20 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 48.89 to 53.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.06
Mansfield0.11
10 Day High50.07
10 Day Low47.77
20 Day High53.27
20 Day Low47.03
52 Week High60.24
52 Week Low41.97
Performance
1 Week-1.29%
2 Weeks0.14%
1 Month-7.72%
3 Month-2.73%
6 Month-11.08%
12 Month7.31%
2 Year-12.15%
3 Year5.48%
5 Year-23.21%
10 Year8.19%
15 Year187.08%
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)
Technical Indicators
MACD(12,26,9)-0.03
RSI(14)42.28
LBB48.11
UBB49.96
48.89
-0.74 (-1.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-1.49%
1 Week-1.29%
2 Weeks0.14%
1 Month-7.72%
3 Month-2.73%
6 Month-11.08%
12 Month7.31%
2 Year-12.15%
3 Year5.48%
5 Year-23.21%
10 Year8.19%
15 Year187.08%
Volatility
ATR(14)1.46
ATR(20)%2.96%
ATR Inc-8.81%
Range Today1.72
ADR(20)1.37
ADR(20)%2.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.06
Mansfield0.11
10 Day High50.07
10 Day Low47.77
20 Day High53.27
20 Day Low47.03
52 Week High60.24
52 Week Low41.97
CS1 End47.2
CR1 Start48.89
Volume & EV
DER(3)-1.93%
DER(5)-1.14%
Volume71.80K
Volume Incr-1.2%
Vol(5)120.22K
Vol(50)99.50K