AMESITE INC (AMST) Stock Technical Analysis
NASDAQ:AMST - Nasdaq - US0310942042 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to AMST. AMST scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, AMST is a bad performer in the overall market: 69% of all stocks are doing better.
AMST is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month AMST has a been trading in the 2.53 - 3.28 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
AMST has an average volume of 1376870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
AMST is part of the Diversified Consumer Services industry. There are 71 other stocks in this industry, AMST did better than 54% of them.
Considerably lower volume is observed in the last couple of days.
AMST has a poor technical rating and the quality of the setup is also only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
2.09
2.96
3 important support areas can be observed.
- Support @2.64 from a horizontal line in the weekly time frame.
- A support zone ranging from 2.54 to 2.56. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.11 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 2.77 to 2.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 2.86 to 2.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for AMST is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AMST is down. |
| ChartMill Relative Strength | 31.23 | NEUTRAL | AMST is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AMST is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMST is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of AMST is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.8 | NEUTRAL | The RSI value for AMST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests AMST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.81 | OVERSOLD | The low Stochastics value suggests AMST may be oversold. |
| Average True Range in percent/ATR (20) | 6.88 | HIGH VOLATILITY | The high ATR as a percentage value for AMST suggests high volalility. |
| Average Directional Index/ADX (14) | 27.52 | POSITIVE | The high ADX value value for AMST 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)
2.65
+0.09 (+3.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg3.52%
1 Week-7.02%
2 Weeks-6.03%
1 Month-10.77%
3 Month5.58%
6 Month-46.79%
12 Month-11.67%
2 Year-26.59%
3 Year-51.99%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%6.88%
ATR Inc-4.8%
Range Today0.19
ADR(20)0.18
ADR(20)%6.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.23
Mansfield-1
10 Day High3.02
10 Day Low2.53
20 Day High3.28
20 Day Low2.53
52 Week High6.27
52 Week Low2
CS1 End2.64
CR1 Start2.77
Volume & EV
DER(3)-5.92%
DER(5)-4.83%
Volume155.70K
Volume Incr-42.44%
Vol(5)50.66K
Vol(50)1.38M