AMERANT BANCORP INC (AMTB) Stock Technical Analysis
NYSE:AMTB - US0235761014 - Common Stock
21.43 USD
+0.06 (+0.28%)
21.43 USD
0 (0%)
We assign a technical rating of 8 out of 10 to AMTB. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AMTB is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month AMTB has a been trading in the 18.24 - 21.56 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, AMTB turns out to be only a medium performer in the overall market: it outperformed 64% of all stocks.
AMTB is part of the Banks industry. There are 393 other stocks in this industry, AMTB did better than 51% of them.
AMTB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AMTB is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although AMTB has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
16.64
21.64
When analyzing the support we can see 4 important areas.
- A support zone ranging from 21.38 to 21.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 19.29 to 19.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 18.56 to 18.61. 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.
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 | 64.56 | 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) | 67.27 | NEUTRAL | The RSI value for AMTB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests AMTB has a positive trend. |
| Stochastics (14,3) | 95.03 | OVERBOUGHT | The high Stochastics value suggests AMTB may be overbought. |
| Average True Range in percent/ATR (20) | 2.57 | MEDIUM VOLATILITY | The ATR as a percentage value for AMTB suggests some volalility. |
| Average Directional Index/ADX (14) | 28.71 | POSITIVE | The high ADX value value for AMTB 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)
21.43
+0.06 (+0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.28%
1 Week6.8%
2 Weeks7.06%
1 Month6.53%
3 Month21.91%
6 Month-6.93%
12 Month-3.13%
2 Year13.85%
3 Year-18.4%
5 Year62.51%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.54
ATR(20)%2.57%
ATR Inc-32.44%
Range Today0.38
ADR(20)0.52
ADR(20)%2.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.56
Mansfield-0.57
10 Day High21.56
10 Day Low19.77
20 Day High21.56
20 Day Low18.24
52 Week High26.24
52 Week Low16.21
CS1 End19.32
CR1 Start21.38
Volume & EV
DER(3)-0.71%
DER(5)-1.97%
Volume142.94K
Volume Incr-13%
Vol(5)180.20K
Vol(50)207.54K