AEMETIS INC (AMTX) Stock Technical Analysis
NASDAQ:AMTX - US00770K2024 - Common Stock
2.48 USD
-0.06 (-2.36%)
2.49 USD
+0.01 (+0.4%)
We assign a technical rating of 5 out of 10 to AMTX. AMTX has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
AMTX is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 83% of 209 stocks in the same industry.
AMTX has an average volume of 1030480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that AMTX is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
AMTX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AMTX is lagging the market.
In the last month AMTX has a been trading in the 2.15 - 2.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
AMTX has an average technical rating and also the quality of the setup is only medium at the moment. Prices have been consolidating lately.
More info and screens
2.33
3.35
When analyzing the support we can see 2 important areas.
- Support @2.47 from a horizontal line in the weekly time frame.
- Support @2.35 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 2.49 to 2.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.72 to 2.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.95 from a trend line in the weekly time frame.
- Resistance @3.32 from a trend line in the daily 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 | UP | POSITIVE | The long term trend for AMTX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AMTX is neutral. |
| ChartMill Relative Strength | 79.32 | POSITIVE | AMTX has a high relative strength, it outperformed 79.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AMTX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AMTX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of AMTX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.25 | NEUTRAL | The RSI value for AMTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests AMTX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 47.29 | NEUTRAL | The Stochastics value for AMTX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.77 | HIGH VOLATILITY | The high ATR as a percentage value for AMTX suggests high volalility. |
| Average Directional Index/ADX (14) | 14.09 | NEGATIVE | The low ADX value for AMTX suggests a weak or negative 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)
2.48
-0.06 (-2.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-2.36%
1 Week-6.42%
2 Weeks0.81%
1 Month-11.11%
3 Month27.18%
6 Month42.53%
12 Month12.22%
2 Year-40.24%
3 Year-59.48%
5 Year-22.5%
10 Year-9.82%
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%7.77%
ATR Inc-1.1%
Range Today0.1
ADR(20)0.19
ADR(20)%7.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.32
Mansfield-0.52
10 Day High2.8
10 Day Low2.31
20 Day High2.89
20 Day Low2.15
52 Week High4.73
52 Week Low1.22
CS1 End2.47
CR1 Start2.49
Volume & EV
DER(3)-6.49%
DER(5)-6.61%
Volume327.60K
Volume Incr-36.12%
Vol(5)500.82K
Vol(50)1.03M