AMERANT BANCORP INC (AMTB) Stock Technical Analysis
USA - NYSE:AMTB - US0235761014 - Common Stock
We assign a technical rating of 0 out of 10 to AMTB. AMTB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
AMTB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 16.69, a Stop Loss order could be placed below this zone.
More info and screens
16.41
When analyzing the support we notice one important area.
- A support zone ranging from 16.58 to 16.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 17.94 to 18.10. 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 18.84 to 19.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @20.56 from a trend line in the weekly time frame.
- Resistance @21.00 from a trend line in the daily time frame.
- Resistance @21.49 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 AMTB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AMTB is down. |
| ChartMill Relative Strength | 15.78 | NEGATIVE | AMTB has a low relative strength, it was outperformed by 84.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AMTB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AMTB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AMTB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.16 | NEUTRAL | The RSI value for AMTB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests AMTB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.31 | NEUTRAL | The Stochastics value for AMTB is a neutral value. |
| Average True Range in percent/ATR (20) | 4.47 | MEDIUM VOLATILITY | The ATR as a percentage value for AMTB suggests some volalility. |
| Average Directional Index/ADX (14) | 29.88 | POSITIVE | The high ADX value value for AMTB suggests a strong trend. |
16.99
+0.26 (+1.55%)
AMERANT BANCORP INC / AMTB FAQ
What is the technical rating for AMTB stock?
ChartMill assigns a technical rating of 0 / 10 to AMTB.
Can you provide the trend direction for AMERANT BANCORP INC?
The current trend direction for AMERANT BANCORP INC (AMTB) is Bearish.
Can you provide the RSI signal for AMERANT BANCORP INC?
AMERANT BANCORP INC (AMTB) has an RSI value of 35.1592. 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 -0.0837934, indicating a bearish trend.
What is the buy/sell signal for AMTB stock?
The buy/sell signal for AMERANT BANCORP INC (AMTB) is sell as both the short term and long term trends are negative.