AMERICAN WOODMARK CORP (AMWD) Stock Technical Analysis
NASDAQ:AMWD • US0305061097
Overall AMWD gets a technical rating of 1 out of 10. AMWD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, AMWD is a bad performer in the overall market: 74% of all stocks are doing better.
- AMWD is part of the Building Products industry. There are 42 other stocks in this industry, of which 70% are performing better than AMWD.
- In the last month AMWD has a been trading in the 54.40 - 69.36 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- AMWD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AMWD is lagging the market.
The technical rating of AMWD 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.
More info and screens
50.32
When analyzing the support we can see 2 important areas.
- Support @57.09 from a horizontal line in the daily time frame.
- A support zone ranging from 50.83 to 50.84. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 57.39 to 59.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @69.64 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for AMWD is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AMWD is down. |
| ChartMill Relative Strength | 26.41 | NEGATIVE | AMWD has a low relative strength, it was outperformed by 73.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AMWD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AMWD is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AMWD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.53 | NEUTRAL | The RSI value for AMWD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.91 | NEGATIVE | The MACD value suggests AMWD has a negative trend. |
| Stochastics (14,3) | 26.47 | NEUTRAL | The Stochastics value for AMWD is a neutral value. |
| Average True Range in percent/ATR (20) | 5.5 | HIGH VOLATILITY | The high ATR as a percentage value for AMWD suggests high volalility. |
| Average Directional Index/ADX (14) | 21.45 | NEUTRAL | The ADX value for AMWD suggests a possible start of a new trend. |
57.38
-0.41 (-0.71%)
AMERICAN WOODMARK CORP / AMWD FAQ
What is the technical rating for AMWD stock?
ChartMill assigns a technical rating of 1 / 10 to AMWD.
What is the trend direction for AMWD stock?
The current trend direction for AMERICAN WOODMARK CORP (AMWD) is Bearish.
Can you provide the RSI signal for AMERICAN WOODMARK CORP?
AMERICAN WOODMARK CORP (AMWD) has an RSI value of 43.5334. This indicates that the stock is currently neutral.
What is the MACD signal for AMERICAN WOODMARK CORP (AMWD) stock?
The MACD indicator for AMERICAN WOODMARK CORP (AMWD) has a value of -0.906216, indicating a bearish trend.
Can you provide the support and resistance levels for AMERICAN WOODMARK CORP?
AMERICAN WOODMARK CORP (AMWD) has a support level at 57.09 and a resistance level at 57.39. Check the full technical report for our detailed analysis of AMWD support and resistance levels.