AMERANT BANCORP INC (AMTB) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AMTB - US0235761014 - Common Stock
Taking everything into account, AMTB scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, AMTB is a bad performer.
AMTB has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
16.64
2 important support areas can be observed.
- A support zone ranging from 20.16 to 20.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 16.81 to 16.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 21.49 to 21.65. 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 | UP | POSITIVE | The long term trend for AMTB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMTB is up. |
| ChartMill Relative Strength | 30.91 | NEUTRAL | AMTB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMTB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMTB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of AMTB is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.27 | NEUTRAL | The RSI value for AMTB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests AMTB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.02 | NEUTRAL | The Stochastics value for AMTB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.47 | MEDIUM VOLATILITY | The ATR as a percentage value for AMTB suggests some volalility. |
| Average Directional Index/ADX (14) | 37.37 | POSITIVE | The high ADX value value for AMTB suggests a strong trend. |
20.37
+0.21 (+1.04%)
AMERANT BANCORP INC / AMTB FAQ
What is the technical rating for AMTB stock?
ChartMill assigns a technical rating of 7 / 10 to AMTB.
Can you provide the trend direction for AMERANT BANCORP INC?
The current trend direction for AMERANT BANCORP INC (AMTB) is Bullish.
Can you provide the RSI signal for AMERANT BANCORP INC?
AMERANT BANCORP INC (AMTB) has an RSI value of 64.2728. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AMERANT BANCORP INC?
The MACD indicator for AMERANT BANCORP INC (AMTB) has a value of 0.0217186, indicating a bearish trend.
What is the buy/sell signal for AMTB stock?
The buy/sell signal for AMERANT BANCORP INC (AMTB) is buy as both the short term and long term trends are positive.