AEMETIS INC (AMTX) Stock Technical Analysis
NASDAQ:AMTX - Nasdaq - US00770K2024 - Common Stock - Currency: USD
Taking everything into account, AMTX scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AMTX is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
AMTX is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry. AMTX outperforms 94% of them.
AMTX has an average volume of 1226540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, AMTX did better than 91% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
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 1.86 - 3.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although AMTX has an excellent technical rating, it does not offer a high 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
2.90
3.49
We found 1 important support area.
- A support zone ranging from 2.93 to 2.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @3.07 from a horizontal line in the weekly time frame.
- Resistance @3.46 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 | UP | POSITIVE | The short term trend for AMTX is up. |
| ChartMill Relative Strength | 91.05 | POSITIVE | AMTX has a high relative strength, it outperformed 91.05% 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) | UP | POSITIVE | The current price of AMTX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AMTX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.07 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 64.48 | NEUTRAL | The Stochastics value for AMTX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.84 | HIGH VOLATILITY | The high ATR as a percentage value for AMTX suggests high volalility. |
| Average Directional Index/ADX (14) | 56.68 | POSITIVE | The high ADX value value for AMTX suggests a strong 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)
2.98
+0.04 (+1.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.36%
1 Week-9.97%
2 Weeks26.81%
1 Month56.02%
3 Month100%
6 Month4.93%
12 Month-8.02%
2 Year-59.62%
3 Year-59.46%
5 Year166.07%
10 Year-16.53%
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%7.84%
ATR Inc58.51%
Range Today0.17
ADR(20)0.22
ADR(20)%7.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.05
Mansfield1.39
10 Day High3.66
10 Day Low2.37
20 Day High3.66
20 Day Low1.86
52 Week High4.73
52 Week Low1.22
CS1 End2.93
CR1 Start3.07
Volume & EV
DER(3)-4.82%
DER(5)-2.87%
Volume842.00K
Volume Incr4.44%
Vol(5)1.51M
Vol(50)1.23M