AMESITE INC (AMST) Stock Technical Analysis
NASDAQ:AMST - Nasdaq - US0310942042 - Common Stock - Currency: USD
Taking everything into account, AMST scores 7 out of 10 in our technical rating. In the last year, AMST was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
AMST is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AMST is lagging the market.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
AMST has an average volume of 1372280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, AMST turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
In the last month AMST has a been trading in the 2.12 - 4.07 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
AMST has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. 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
2.08
3.33
We found 4 important support areas.
- Support @2.89 from a trend line in the daily time frame.
- A support zone ranging from 2.69 to 2.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.38 from a trend line in the daily time frame.
- Support @2.10 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 2.92 to 2.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.11 to 3.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.30 from a trend line 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 | NEUTRAL | NEUTRAL | The long term trend for AMST is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMST is up. |
| ChartMill Relative Strength | 57.11 | NEUTRAL | AMST is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMST is above the rising 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) | DOWN | MIXED | The current price of AMST is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.87 | NEUTRAL | The RSI value for AMST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests AMST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.9 | NEUTRAL | The Stochastics value for AMST is a neutral value. |
| Average True Range in percent/ATR (20) | 12.33 | HIGH VOLATILITY | The high ATR as a percentage value for AMST suggests high volalility. |
| Average Directional Index/ADX (14) | 37.85 | 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)
2.92
+0.09 (+3.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg3.18%
1 Week-3.95%
2 Weeks-11.52%
1 Month37.09%
3 Month20.66%
6 Month-13.1%
12 Month-14.12%
2 Year-19.11%
3 Year-47.1%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.42
ATR(20)%12.33%
ATR Inc-44.29%
Range Today0.27
ADR(20)0.32
ADR(20)%10.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.11
Mansfield0.01
10 Day High3.45
10 Day Low2.67
20 Day High4.07
20 Day Low2.12
52 Week High6.27
52 Week Low2
CS1 End2.89
CR1 Start2.92
Volume & EV
DER(3)11.7%
DER(5)10.96%
Volume63.50K
Volume Incr-98.15%
Vol(5)62.18K
Vol(50)1.37M