USA - New York Stock Exchange - NYSE:AMT - US03027X1000 - REIT
We assign a technical rating of 0 out of 10 to AMT. AMT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
AMT has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
169.59
When analyzing the support we notice one important area.
When analyzing the resistance we notice 2 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 | DOWN | NEGATIVE | The long term trend for AMT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AMT is neutral. |
| ChartMill Relative Strength | 29.15 | NEGATIVE | AMT has a low relative strength, it was outperformed by 70.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AMT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AMT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AMT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.21 | NEUTRAL | The RSI value for AMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests AMT has a positive trend. |
| Stochastics (14,3) | 43.68 | NEUTRAL | The Stochastics value for AMT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.76 | LOW VOLATILITY | The low ATR as a percentage value for AMT suggests low volalility. |
| Average Directional Index/ADX (14) | 20.9 | NEUTRAL | The ADX value for AMT suggests a possible start of a new trend. |
175.82
-0.43 (-0.24%)
ChartMill assigns a technical rating of 0 / 10 to AMT.
The current trend direction for AMERICAN TOWER CORP (AMT) is Bearish.
AMERICAN TOWER CORP (AMT) has an RSI value of 45.2142. This indicates that the stock is currently neutral.
The MACD indicator for AMERICAN TOWER CORP (AMT) has a value of 0.189702, indicating a bearish trend.
AMERICAN TOWER CORP (AMT) has a support level at 175.32 and a resistance level at 177.16. Check the full technical report for our detailed analysis of AMT support and resistance levels.