AMESITE INC (AMST) Technical Analysis
NASDAQ:AMST • US0310942042
Current stock price
AMST Technical Rating and Analysis
Overall AMST gets a technical rating of 0 out of 10. 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.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 85% of all other stocks performed better in the past year than AMST.
- AMST 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.
- Warning: AMST has an average volume of 24334 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- AMST is part of the Diversified Consumer Services industry. There are 73 other stocks in this industry, AMST did better than 45% of them.
- In the last month AMST has a been trading in the 1.63 - 1.96 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AMST Weekly and Daily overview Charts
AMST Setup Rating and Analysis
AMST has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.81. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for AMST in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
AMST Support and Resistance Analysis
1.63
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.75 to 1.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1.65 to 1.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 1.81 to 1.81. 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 1.86 to 1.87. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Resistance @1.97 from a trend line in the daily time frame.
- Resistance @2.05 from a horizontal line in the daily time frame.
- Resistance @2.56 from a trend line in the weekly time frame.
AMST 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 AMST is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AMST is neutral. |
| ChartMill Relative Strength | 15.51 | NEGATIVE | AMST has a low relative strength, it was outperformed by 84.49% off all stocks 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) | DOWN | NEGATIVE | The current price of AMST is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AMST is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.71 | NEUTRAL | The RSI value for AMST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests AMST has a positive trend. |
| Stochastics (14,3) | 40.65 | NEUTRAL | The Stochastics value for AMST is a neutral value. |
| Average True Range in percent/ATR (20) | 5.91 | HIGH VOLATILITY | The high ATR as a percentage value for AMST suggests high volalility. |
| Average Directional Index/ADX (14) | 11.77 | NEGATIVE | The low ADX value for AMST suggests a weak or negative trend. |
AMST Chart- and CandleStick Pattern Analysis
AMST Technicals: Chart, Performance Metrics, Trend & Indicators
1.76
0 (0%)
AMESITE INC / AMST TA FAQ
What is the technical rating for AMST stock?
ChartMill assigns a technical rating of 0 / 10 to AMST.
What is the trend direction for AMST stock?
The current trend direction for AMESITE INC (AMST) is Bearish.
What is the RSI signal for AMST stock?
AMESITE INC (AMST) has an RSI value of 47.7064. This indicates that the stock is currently neutral.
What is the MACD signal for AMST stock?
The MACD indicator for AMESITE INC (AMST) has a value of 0.00228944, indicating a bearish trend.