AMERICAN WELL CORP-CLASS A (AMWL) Stock Technical Analysis
NYSE:AMWL - US03044L2043 - Common Stock
6.95 USD
-0.05 (-0.71%)
Taking everything into account, AMWL scores 1 out of 10 in our technical rating. AMWL 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.
When comparing the yearly performance of all stocks, AMWL is a bad performer in the overall market: 81% of all stocks are doing better.
AMWL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
AMWL 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.
AMWL is part of the Health Care Technology industry. There are 35 other stocks in this industry, AMWL did better than 58% of them.
AMWL has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
6.12
8.98
When analyzing the support we can see 3 important areas.
- Support @6.89 from a trend line in the daily time frame.
- A support zone ranging from 6.69 to 6.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 6.18 to 6.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 7.04 to 7.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.70 to 7.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.21 to 8.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.89 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 | DOWN | NEGATIVE | The long term trend for AMWL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AMWL is down. |
| ChartMill Relative Strength | 19.22 | NEGATIVE | AMWL has a low relative strength, it was outperformed by 80.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AMWL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AMWL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AMWL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.32 | NEUTRAL | The RSI value for AMWL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests AMWL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.85 | OVERSOLD | The low Stochastics value suggests AMWL may be oversold. |
| Average True Range in percent/ATR (20) | 6.81 | HIGH VOLATILITY | The high ATR as a percentage value for AMWL suggests high volalility. |
| Average Directional Index/ADX (14) | 10.94 | NEGATIVE | The low ADX value for AMWL 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)
NYSE:AMWL (8/27/2025, 8:04:00 PM)
6.95
-0.05 (-0.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg-0.71%
1 Week1.46%
2 Weeks-3.34%
1 Month-7.46%
3 Month3.12%
6 Month-30.22%
12 Month-16.27%
2 Year-75.53%
3 Year-92.36%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%6.81%
ATR Inc-61.7%
Range Today0.15
ADR(20)0.42
ADR(20)%6.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.22
Mansfield-2.51
10 Day High7.46
10 Day Low6.8
20 Day High8.65
20 Day Low6.8
52 Week High12.95
52 Week Low6.1
CS1 End6.89
CR1 Start7.04
Volume & EV
DER(3)-0.79%
DER(5)-0.65%
Volume28.10K
Volume Incr-33.94%
Vol(5)46.92K
Vol(50)57.45K