AMUND Technical Analysis - ALMUNDA PROFESSIONALS NV

Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to AMUND. AMUND scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

91% of all other stocks performed better in the past year than AMUND.

In the last month AMUND has a been trading in the 0.98 - 1.19 range, which is quite wide. It is currently trading near the lows of this range.

Prices have been falling strongly lately, it is better to avoid new long positions here.

Warning: AMUND has an average volume of 1220 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

AMUND is part of the Commercial Services & Supplies industry. There are 41 other stocks in this industry, AMUND did better than 44% of them.

AMUND is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AMUND is lagging the market.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

ALMUNDA PROFESSIONALS NV / AMUND Weekly stock chart

ALMUNDA PROFESSIONALS NV / AMUND Daily stock chart

Setup Rating and Analysis

The technical rating of AMUND is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

0.99

1.22

We can see 3 important resistance areas.

A resistance zone ranging from 1.12 to 1.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 1.18 to 1.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @1.21 from a horizontal line in the weekly time frame.

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Technical Indicator Signal Analysis

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 AMUND.AS is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for AMUND.AS is down.
ChartMill Relative Strength	9.62	NEGATIVE	AMUND.AS has a low relative strength, it was outperformed by 90.38% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of AMUND.AS is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of AMUND.AS is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of AMUND.AS is below a declining SMA(200).
Relative Strength Index/RSI (14)	28.45	OVERSOLD	The low RSI value suggests AMUND.AS may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.02	NEGATIVE	The MACD value suggests AMUND.AS has a negative trend.
Stochastics (14,3)	5.56	OVERSOLD	The low Stochastics value suggests AMUND.AS may be oversold.
Average True Range in percent/ATR (20)	3.55	MEDIUM VOLATILITY	The ATR as a percentage value for AMUND.AS suggests some volalility.
Average Directional Index/ADX (14)	44.5	POSITIVE	The high ADX value value for AMUND.AS suggests a strong trend.