AMTD IDEA GROUP (AMTD) Stock Technical Analysis
NYSE:AMTD • US00180G3048
We assign a technical rating of 2 out of 10 to AMTD. In the past year, AMTD 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.
- 61% of all other stocks performed better in the past year than AMTD.
- AMTD is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month AMTD has a been trading in the 0.95 - 1.04 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- AMTD is an average performer in the Capital Markets industry, it outperforms 68% of 237 stocks in the same industry.
AMTD has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.02. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.00, a Stop Loss order could be placed below this zone.
More info and screens
0.96
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.99 to 1.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.97 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 1.02 to 1.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.14 to 1.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.17 from a trend line in the weekly time frame.
- Resistance @1.24 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 | DOWN | NEGATIVE | The long term trend for AMTD is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMTD is up. |
| ChartMill Relative Strength | 39.96 | NEUTRAL | AMTD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMTD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AMTD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AMTD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.72 | NEUTRAL | The RSI value for AMTD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests AMTD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.13 | OVERBOUGHT | The high Stochastics value suggests AMTD may be overbought. |
| Average True Range in percent/ATR (20) | 3.32 | MEDIUM VOLATILITY | The ATR as a percentage value for AMTD suggests some volalility. |
| Average Directional Index/ADX (14) | 14.32 | NEGATIVE | The low ADX value for AMTD suggests a weak or negative trend. |
1.01
-0.01 (-0.98%)
AMTD IDEA GROUP / AMTD FAQ
What is the ChartMill technical rating of AMTD IDEA GROUP (AMTD) stock?
ChartMill assigns a technical rating of 2 / 10 to AMTD.
Can you provide the trend direction for AMTD IDEA GROUP?
The current trend direction for AMTD IDEA GROUP (AMTD) is Bearish.
What is the RSI signal for AMTD IDEA GROUP (AMTD) stock?
AMTD IDEA GROUP (AMTD) has an RSI value of 50.722. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AMTD IDEA GROUP?
The MACD indicator for AMTD IDEA GROUP (AMTD) has a value of 0.00399857, indicating a bearish trend.
What is the buy/sell signal for AMTD stock?
The buy/sell signal for AMTD IDEA GROUP (AMTD) is hold as the short term and long term trends are mixed.