AMERICAN TOWER CORP (AMT) Technical Analysis
NYSE:AMT • US03027X1000
Current stock price
AMT Technical Rating and Analysis
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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 81% of all other stocks performed better in the past year than AMT.
- AMT is one of the lesser performing stocks in the Specialized REITs industry. 88% of 28 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. The S&P500 Index 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 165.08 - 191.18 range, which is quite wide. It is currently trading near the lows of this range.
- AMT has an average volume of 3340280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
AMT Weekly and Daily overview Charts
AMT Setup Rating and Analysis
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.
More info and screens
AMT Support and Resistance Analysis
165.59
We found 1 important support area.
- A support zone ranging from 167.26 to 168.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 179.52 to 185.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 192.11 to 193.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @197.22 from a horizontal line in the daily time frame.
- Resistance @222.97 from a trend line in the weekly time frame.
AMT Technical Indicator Signal Analysis
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 | 19.86 | NEGATIVE | AMT has a low relative strength, it was outperformed by 80.14% 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) | 36.71 | NEUTRAL | The RSI value for AMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.71 | NEGATIVE | The MACD value suggests AMT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.43 | OVERSOLD | The low Stochastics value suggests AMT may be oversold. |
| Average True Range in percent/ATR (20) | 2.79 | MEDIUM VOLATILITY | The ATR as a percentage value for AMT suggests some volalility. |
| Average Directional Index/ADX (14) | 22.45 | NEUTRAL | The ADX value for AMT suggests a possible start of a new trend. |
AMT Chart- and CandleStick Pattern Analysis
AMT Technicals: Chart, Performance Metrics, Trend & Indicators
170.36
+0.84 (+0.5%)
AMERICAN TOWER CORP / AMT TA 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 36.7056. 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 -1.7143, indicating a bearish trend.
What is the support and resistance level for AMT stock?
AMERICAN TOWER CORP (AMT) has a support level at 168.51 and a resistance level at 179.52. Check the full technical report for our detailed analysis of AMT support and resistance levels.