USA - NASDAQ:AMTX - US00770K2024 - Common Stock
Taking everything into account, AMTX scores 3 out of 10 in our technical rating. AMTX performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
The technical rating of AMTX 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.
2.26
We found 1 important support area.
When analyzing the resistance we notice 2 important areas.
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 AMTX is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AMTX is neutral. |
ChartMill Relative Strength | 19.85 | NEGATIVE | AMTX has a low relative strength, it was outperformed by 80.15% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMTX is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AMTX is above a declining 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) | 59.69 | NEUTRAL | The RSI value for AMTX is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests AMTX has a positive trend. |
Stochastics (14,3) | 46.68 | NEUTRAL | The Stochastics value for AMTX is a neutral value. |
Average True Range in percent/ATR (20) | 7.01 | HIGH VOLATILITY | The high ATR as a percentage value for AMTX suggests high volalility. |
Average Directional Index/ADX (14) | 12.24 | NEGATIVE | The low ADX value for AMTX suggests a weak or negative trend. |
2.65
+0.36 (+15.72%)