AMERICAN TOWER CORP (AMT) Stock Technical Analysis
USA - NYSE:AMT - US03027X1000 - REIT
179.56 USD
+0.44 (+0.25%)
179.56 USD
0 (0%)
Taking everything into account, AMT scores 0 out of 10 in our technical rating. AMT 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 negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, AMT is a bad performer in the overall market: 78% of all stocks are doing better.
AMT 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 AMT is lagging the market.
In the last month AMT has a been trading in the 175.00 - 191.09 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
AMT has an average volume of 3034880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
AMT is an average performer in the Specialized REITs industry, it outperforms 48% of 30 stocks in the same industry.
AMT has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 177.94, a Stop Loss order could be placed below this zone.
More info and screens
169.59
230.47
2 important support areas can be observed.
- A support zone ranging from 176.63 to 177.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @171.30 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 179.97 to 181.38. 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 186.96 to 193.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @197.22 from a horizontal line in the daily time frame.
- Resistance @228.19 from a horizontal 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 | 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 | 22.72 | NEGATIVE | AMT has a low relative strength, it was outperformed by 77.28% 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) | 42.3 | NEUTRAL | The RSI value for AMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests AMT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 44.83 | NEUTRAL | The Stochastics value for AMT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.38 | MEDIUM VOLATILITY | The ATR as a percentage value for AMT suggests some volalility. |
| Average Directional Index/ADX (14) | 20.75 | NEUTRAL | The ADX value for AMT suggests a possible start of a new 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)
179.56
+0.44 (+0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustrySpecialized REITs
Performance
% Chg0.25%
1 Week-2.2%
2 Weeks0.9%
1 Month-6.24%
3 Month-15.25%
6 Month-15.25%
12 Month-12.11%
2 Year-14%
3 Year-18.84%
5 Year-22.34%
10 Year80.68%
15 Year255.07%
Volatility
ATR(14)3.85
ATR(20)%2.38%
ATR Inc-28.86%
Range Today2.98
ADR(20)3.93
ADR(20)%2.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.72
3 months CRS19.29
6 months CRS16.68
Mansfield-1.85
10 Day High185.38
10 Day Low176
20 Day High191.09
20 Day Low175
52 Week High234.33
52 Week Low172.51
CS1 End177.94
CR1 Start179.97
Volume & EV
DER(3)0.94%
DER(5)0.96%
Volume2.61M
Volume Incr3.89%
Vol(5)3.01M
Vol(50)3.03M
AMERICAN TOWER CORP / AMT FAQ
What is the ChartMill technical rating of AMERICAN TOWER CORP (AMT) stock?
ChartMill assigns a technical rating of 0 / 10 to AMT.
What is the current trend direction of AMERICAN TOWER CORP (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 42.3043. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AMERICAN TOWER CORP?
The MACD indicator for AMERICAN TOWER CORP (AMT) has a value of 0.292335, indicating a bearish trend.
Can you provide the short term momentum for AMERICAN TOWER CORP?
The short term momentum for AMERICAN TOWER CORP (AMT) is negative.