AMERANT BANCORP INC (AMTB) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AMTB - US0235761014 - Common Stock
We assign a technical rating of 3 out of 10 to AMTB. Recently some decent action could be observed, but in the medium term time frame this is still negative. AMTB was also a bad performer in the overall market in the last year.
The technical rating of AMTB is bad and it also does not present a 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
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.
4 important resistance areas can be observed.
- Resistance @18.94 from a horizontal line in the daily time frame.
- Resistance @20.14 from a trend line in the weekly time frame.
- Resistance @21.04 from a trend line in the daily time frame.
- A resistance zone ranging from 21.49 to 21.50. 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 | 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 | 16.92 | NEGATIVE | AMTB has a low relative strength, it was outperformed by 83.08% 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) | DOWN | MIXED | The current price of AMTB is above 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) | 60.65 | NEUTRAL | The RSI value for AMTB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests AMTB has a positive trend. |
| Stochastics (14,3) | 92.46 | OVERBOUGHT | The high Stochastics value suggests AMTB may be overbought. |
| Average True Range in percent/ATR (20) | 2.68 | MEDIUM VOLATILITY | The ATR as a percentage value for AMTB suggests some volalility. |
| Average Directional Index/ADX (14) | 22.97 | NEUTRAL | The ADX value for AMTB suggests a possible start of a new trend. |
18.81
-0.04 (-0.21%)
AMERANT BANCORP INC / AMTB FAQ
What is the technical rating for AMTB stock?
ChartMill assigns a technical rating of 3 / 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 60.6539. 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 0.250454, indicating a bearish trend.