AMERICAN WELL CORP-CLASS A (AMWL) Stock Technical Analysis
NYSE:AMWL - New York Stock Exchange, Inc. - US03044L2043 - Common Stock - Currency: USD
Overall AMWL gets a technical rating of 0 out of 10. 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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, AMWL is a bad performer in the overall market: 85% of all stocks are doing better.
AMWL is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AMWL is lagging the market.
AMWL is part of the Health Care Technology industry. There are 37 other stocks in this industry, AMWL did better than 55% of them.
In the last month AMWL has a been trading in the 6.10 - 7.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AMWL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for AMWL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
6.12
8.36
We found 2 important support areas.
- Support @6.66 from a trend line in the weekly time frame.
- A support zone ranging from 6.18 to 6.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 7.34 to 7.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.55 to 7.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.28 from a trend 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 AMWL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AMWL is neutral. |
| ChartMill Relative Strength | 15.07 | NEGATIVE | AMWL has a low relative strength, it was outperformed by 84.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AMWL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AMWL is below a declining 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) | 45 | NEUTRAL | The RSI value for AMWL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests AMWL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.2 | NEUTRAL | The Stochastics value for AMWL is a neutral value. |
| Average True Range in percent/ATR (20) | 7.94 | HIGH VOLATILITY | The high ATR as a percentage value for AMWL suggests high volalility. |
| Average Directional Index/ADX (14) | 14.76 | 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 (5/28/2025, 2:29:33 PM)
7.32
+0.33 (+4.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg4.72%
1 Week-4.12%
2 Weeks-3.05%
1 Month-3.59%
3 Month-29.82%
6 Month-26.96%
12 Month-18.13%
2 Year-84.19%
3 Year-90.75%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%7.94%
ATR Inc-2.63%
Range Today0.38
ADR(20)0.51
ADR(20)%6.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.07
Mansfield-2.14
10 Day High7.64
10 Day Low6.9
20 Day High7.87
20 Day Low6.1
52 Week High12.95
52 Week Low5
CS1 End6.66
CR1 Start7.34
Volume & EV
DER(3)4.95%
DER(5)2.54%
Volume10.45K
Volume Incr-30.69%
Vol(5)45.96K
Vol(50)53.69K