AMERICAN TOWER CORP (AMT) Stock Technical Analysis
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.
The technical rating of AMT is bad and it also does not present a quality setup 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.
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.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 173.24 to 180.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 183.21 to 184.79. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 225.27 to 228.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 22.67 | NEGATIVE | AMT has a low relative strength, it was outperformed by 77.33% 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) | 32.63 | NEUTRAL | The RSI value for AMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.53 | NEGATIVE | The MACD value suggests AMT has a negative trend. |
| Stochastics (14,3) | 11.11 | OVERSOLD | The low Stochastics value suggests AMT may be oversold. |
| Average True Range in percent/ATR (20) | 1.81 | LOW VOLATILITY | The low ATR as a percentage value for AMT suggests low volalility. |
| Average Directional Index/ADX (14) | 25.66 | POSITIVE | The high ADX value value for AMT suggests a strong trend. |
168.51
-1.82 (-1.07%)
AMERICAN TOWER CORP / AMT FAQ
What is the technical rating for AMT stock?
ChartMill assigns a technical rating of 0 / 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 32.6304. 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 -0.530462, 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 173.24. Check the full technical report for our detailed analysis of AMT support and resistance levels.