AMENTUM HOLDINGS INC (AMTM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AMTM - US0239391016 - Common Stock
Overall AMTM gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AMTM is showing a nice and steady performance.
Although AMTM has an excellent technical rating, it does not present a decent entry opportunity 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.
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21.62
When analyzing the support we can see 3 important areas.
- Support @28.21 from a horizontal line in the daily time frame.
- Support @22.64 from a trend line in the weekly time frame.
- A support zone ranging from 21.84 to 22.05. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 30.14 to 30.14. 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 AMTM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMTM is up. |
| ChartMill Relative Strength | 87.12 | POSITIVE | AMTM has a high relative strength, it outperformed 87.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMTM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMTM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AMTM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.27 | OVERBOUGHT | The high RSI value suggests AMTM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests AMTM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.94 | NEUTRAL | The Stochastics value for AMTM is a neutral value. |
| Average True Range in percent/ATR (20) | 5.23 | HIGH VOLATILITY | The high ATR as a percentage value for AMTM suggests high volalility. |
| Average Directional Index/ADX (14) | 37.74 | POSITIVE | The high ADX value value for AMTM suggests a strong trend. |
30.13
+0.53 (+1.79%)
AMENTUM HOLDINGS INC / AMTM FAQ
What is the ChartMill technical rating of AMENTUM HOLDINGS INC (AMTM) stock?
ChartMill assigns a technical rating of 10 / 10 to AMTM.
What is the current trend direction of AMENTUM HOLDINGS INC (AMTM) stock?
The current trend direction for AMENTUM HOLDINGS INC (AMTM) is Bullish.
Can you provide the RSI signal for AMENTUM HOLDINGS INC?
AMENTUM HOLDINGS INC (AMTM) has an RSI value of 70.2698. This indicates that the stock is currently overbought.
What is the MACD signal for AMENTUM HOLDINGS INC (AMTM) stock?
The MACD indicator for AMENTUM HOLDINGS INC (AMTM) has a value of 0.186781, indicating a bearish trend.
What is the short term momentum for AMENTUM HOLDINGS INC (AMTM) stock?
The short term momentum for AMENTUM HOLDINGS INC (AMTM) is positive.