AMERICAN WOODMARK CORP (AMWD) Stock Technical Analysis
NASDAQ:AMWD - Nasdaq - US0305061097 - Common Stock - Currency: USD
Overall AMWD gets a technical rating of 0 out of 10. AMWD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, AMWD is a bad performer in the overall market: 86% of all stocks are doing better.
AMWD is one of the lesser performing stocks in the Building Products industry. 78% of 42 stocks in the same industry do better.
AMWD is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so AMWD is lagging the market.
AMWD is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
AMWD has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 55.80, a Stop Loss order could be placed below this zone.
More info and screens
52.50
103.29
2 important support areas can be observed.
- A support zone ranging from 55.48 to 55.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 53.03 to 54.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @56.29 from a trend line in the weekly time frame.
- A resistance zone ranging from 61.48 to 61.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @102.27 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for AMWD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AMWD is down. |
| ChartMill Relative Strength | 14.87 | NEGATIVE | AMWD has a low relative strength, it was outperformed by 85.13% 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) | DOWN | NEGATIVE | The current price of AMWD is below a declining 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) | 46.05 | NEUTRAL | The RSI value for AMWD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests AMWD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.65 | NEUTRAL | The Stochastics value for AMWD is a neutral value. |
| Average True Range in percent/ATR (20) | 3.84 | MEDIUM VOLATILITY | The ATR as a percentage value for AMWD suggests some volalility. |
| Average Directional Index/ADX (14) | 11.6 | NEGATIVE | The low ADX value for AMWD 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)
55.96
+1.5 (+2.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg2.75%
1 Week5.51%
2 Weeks-1.37%
1 Month-4.54%
3 Month-5.18%
6 Month-33.58%
12 Month-30.54%
2 Year-26.73%
3 Year24.33%
5 Year-26.03%
10 Year2.02%
15 Year227.25%
Volatility
ATR(14)2.26
ATR(20)%3.84%
ATR Inc-24.04%
Range Today1.45
ADR(20)1.99
ADR(20)%3.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.87
Mansfield-3.19
10 Day High61.29
10 Day Low52.8
20 Day High62.96
20 Day Low52.8
52 Week High106.57
52 Week Low52.2
CS1 End55.8
CR1 Start56.29
Volume & EV
DER(3)-0.08%
DER(5)0.33%
Volume128.78K
Volume Incr-11.27%
Vol(5)142.08K
Vol(50)156.34K