AMERICAN TOWER CORP (AMT) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:AMT • US03027X1000
Taking everything into account, AMT scores 1 out of 10 in our technical rating. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, AMT is a bad performer in the overall market: 76% of all stocks are doing better.
- AMT is one of the lesser performing stocks in the Specialized REITs industry. 79% of 30 stocks in the same industry do better.
- AMT 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.
- In the last month AMT has a been trading in the 166.88 - 184.17 range, which is quite wide. It is currently trading near the lows of this range.
- AMT has an average volume of 3237130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
AMT has a bad 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 168.50, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AMT 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
166.82
When analyzing the support we notice one important area.
- A support zone ranging from 168.50 to 168.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- Resistance @171.30 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 176.38 to 178.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 183.58 to 184.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @224.50 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for AMT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AMT is down. |
| ChartMill Relative Strength | 24.48 | NEGATIVE | AMT has a low relative strength, it was outperformed by 75.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AMT is below the rising 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) | 41.69 | NEUTRAL | The RSI value for AMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.73 | NEGATIVE | The MACD value suggests AMT has a negative trend. |
| Stochastics (14,3) | 23.94 | NEUTRAL | The Stochastics value for AMT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.89 | MEDIUM VOLATILITY | The ATR as a percentage value for AMT suggests some volalility. |
| Average Directional Index/ADX (14) | 13.88 | NEGATIVE | The low ADX value for AMT suggests a weak or negative trend. |
171.27
-0.22 (-0.13%)
AMERICAN TOWER CORP / AMT FAQ
What is the technical rating for AMT stock?
ChartMill assigns a technical rating of 1 / 10 to AMT.
What is the trend direction for AMT stock?
The current trend direction for AMERICAN TOWER CORP (AMT) is Bearish.
Can you provide the RSI signal for AMERICAN TOWER CORP?
AMERICAN TOWER CORP (AMT) has an RSI value of 41.6886. This indicates that the stock is currently neutral.
What is the MACD signal for AMERICAN TOWER CORP (AMT) stock?
The MACD indicator for AMERICAN TOWER CORP (AMT) has a value of -0.725138, indicating a bearish trend.
What is the support and resistance level for AMT stock?
AMERICAN TOWER CORP (AMT) has a support level at 168.5 and a resistance level at 171.3. Check the full technical report for our detailed analysis of AMT support and resistance levels.