We assign a technical rating of 6 out of 10 to AMSWA. AMSWA has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
AMSWA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 10.73, a Stop Loss order could be placed below this zone.
9.88
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice 3 important areas.
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 | UP | POSITIVE | The long term trend for AMSWA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AMSWA is neutral. |
| ChartMill Relative Strength | 53.3 | NEUTRAL | AMSWA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AMSWA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMSWA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AMSWA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.25 | NEUTRAL | The RSI value for AMSWA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests AMSWA has a negative trend. |
| Stochastics (14,3) | 68.52 | NEUTRAL | The Stochastics value for AMSWA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.1 | MEDIUM VOLATILITY | The ATR as a percentage value for AMSWA suggests some volalility. |
| Average Directional Index/ADX (14) | 30.37 | POSITIVE | The high ADX value value for AMSWA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 11.22 | 10.69 | 0.53 (4.72%) | 21.17% |
| An entry @11.22. This is a Buy Stop order right above the resistance zone. | An exit @10.69. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.53 points, which is 4.72%. | When investing 21.17% of your capital in this trade, your total portfolio risk will be 1.00%. |
10.95
-0.24 (-2.14%)
ChartMill assigns a technical rating of 6 / 10 to AMSWA.
The current trend direction for AMERICAN SOFTWARE INC-CL A (AMSWA) is Bullish.
AMERICAN SOFTWARE INC-CL A (AMSWA) has an RSI value of 52.2515. This indicates that the stock is currently neutral.
The short term momentum for AMERICAN SOFTWARE INC-CL A (AMSWA) is neutral.