AMERICAN WOODMARK CORP (AMWD) Stock Technical Analysis
USA - NASDAQ:AMWD - US0305061097 - Common Stock
We assign a technical rating of 0 out of 10 to AMWD. 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.
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
53.94
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 62.92 to 63.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 64.89 to 65.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 67.04 to 67.44. 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 | 9.46 | NEGATIVE | AMWD has a low relative strength, it was outperformed by 90.54% 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) | 28.11 | OVERSOLD | The low RSI value suggests AMWD may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.13 | NEGATIVE | The MACD value suggests AMWD has a negative trend. |
| Stochastics (14,3) | 9.76 | OVERSOLD | The low Stochastics value suggests AMWD may be oversold. |
| Average True Range in percent/ATR (20) | 4.52 | MEDIUM VOLATILITY | The ATR as a percentage value for AMWD suggests some volalility. |
| Average Directional Index/ADX (14) | 15.54 | NEGATIVE | The low ADX value for AMWD suggests a weak or negative trend. |
54.48
-1.13 (-2.03%)
AMERICAN WOODMARK CORP / AMWD FAQ
What is the technical rating for AMWD stock?
ChartMill assigns a technical rating of 0 / 10 to AMWD.
What is the current trend direction of AMERICAN WOODMARK CORP (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 28.105. This indicates that the stock is currently oversold.
Can you provide the short term momentum for AMERICAN WOODMARK CORP?
The short term momentum for AMERICAN WOODMARK CORP (AMWD) is negative.
What is the buy/sell signal for AMERICAN WOODMARK CORP (AMWD) stock?
The buy/sell signal for AMERICAN WOODMARK CORP (AMWD) is sell as both the short term and long term trends are negative.