AMERANT BANCORP INC (AMTB) Stock Technical Analysis
NYSE:AMTB - New York Stock Exchange, Inc. - US0235761014 - Common Stock - Currency: USD
Overall AMTB gets a technical rating of 5 out of 10. In the past year, AMTB was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
85% of all other stocks performed better in the past year than AMTB.
AMTB is one of the lesser performing stocks in the Banks industry. 95% of 394 stocks in the same industry do better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month AMTB has a been trading in the 16.50 - 20.11 range, which is quite wide. It is currently trading near the high of this range.
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.
AMTB has an average technical rating and it also does not offer a high quality setup 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
16.41
20.68
We found 1 important support area.
- A support zone ranging from 16.58 to 16.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 19.55 to 20.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @20.48 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for AMTB is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMTB is up. |
| ChartMill Relative Strength | 15.37 | NEGATIVE | AMTB has a low relative strength, it was outperformed by 84.63% off all stocks 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 | NEGATIVE | The current price of AMTB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.53 | NEUTRAL | The RSI value for AMTB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests AMTB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.09 | 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) | 33.33 | 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)
19.35
-0.67 (-3.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-3.35%
1 Week-1.93%
2 Weeks6.14%
1 Month13.76%
3 Month3.98%
6 Month-12.88%
12 Month-25%
2 Year-2.37%
3 Year-29.17%
5 Year44.94%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%2.57%
ATR Inc47.51%
Range Today0.84
ADR(20)0.48
ADR(20)%2.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.37
Mansfield-1.34
10 Day High20.11
10 Day Low18.02
20 Day High20.11
20 Day Low16.5
52 Week High27
52 Week Low16.21
CS1 End16.81
CR1 Start19.55
Volume & EV
DER(3)-3.57%
DER(5)-2.06%
Volume251.30K
Volume Incr-6.42%
Vol(5)199.64K
Vol(50)204.26K