AMERICAN TOWER CORP (AMT) Stock Technical Analysis
USA - NYSE:AMT - US03027X1000 - REIT
184.79 USD
+5.07 (+2.82%)
184.71 USD
-0.08 (-0.04%)
We assign a technical rating of 0 out of 10 to AMT. 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, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
AMT has an average volume of 3096070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
AMT is part of the Specialized REITs industry. There are 30 other stocks in this industry, AMT did better than 44% of them.
In the last month AMT has a been trading in the 175.00 - 194.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
169.59
230.47
We found 3 important support areas.
- Support @183.11 from a trend line in the daily time frame.
- A support zone ranging from 176.63 to 179.45. This zone is formed by a combination of multiple trend lines and important moving averages 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 189.24 to 193.42. 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 @211.89 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 | 22.85 | NEGATIVE | AMT has a low relative strength, it was outperformed by 77.15% 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) | 49.51 | NEUTRAL | The RSI value for AMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests AMT has a positive trend. |
| Stochastics (14,3) | 32.01 | NEUTRAL | The Stochastics value for AMT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.31 | MEDIUM VOLATILITY | The ATR as a percentage value for AMT suggests some volalility. |
| Average Directional Index/ADX (14) | 26.12 | POSITIVE | The high ADX value value for AMT suggests a strong 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)
184.79
+5.07 (+2.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustrySpecialized REITs
Performance
% Chg2.82%
1 Week2.46%
2 Weeks1.13%
1 Month-0.92%
3 Month-10.35%
6 Month-13.4%
12 Month-5.94%
2 Year-11.49%
3 Year-16.48%
5 Year-20.07%
10 Year85.94%
15 Year265.41%
Volatility
ATR(14)4.57
ATR(20)%2.31%
ATR Inc19.36%
Range Today4.15
ADR(20)3.93
ADR(20)%2.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.85
3 months CRS17.48
6 months CRS16.03
Mansfield-1.94
10 Day High184.96
10 Day Low175
20 Day High194.4
20 Day Low175
52 Week High234.33
52 Week Low172.51
CS1 End183.11
CR1 Start189.24
Volume & EV
DER(3)1.46%
DER(5)0.12%
Volume2.43M
Volume Incr-6.08%
Vol(5)2.78M
Vol(50)3.10M
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 49.5132. 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 0.178924, 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.