AMERICAN WELL CORP-CLASS A (AMWL) Stock Technical Analysis
NYSE:AMWL - New York Stock Exchange, Inc. - US03044L2043 - Common Stock - Currency: USD
Taking everything into account, AMWL scores 1 out of 10 in our technical rating. AMWL'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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
79% of all other stocks performed better in the past year than AMWL.
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.
In the last month AMWL has a been trading in the 6.50 - 7.65 range, which is quite wide. It is currently trading near the lows of this range.
AMWL is an average performer in the Health Care Technology industry, it outperforms 51% of 36 stocks in the same industry.
AMWL 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. 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
7.69
2 important support areas can be observed.
- Support @6.69 from a trend line in the weekly time frame.
- 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.
We can see 2 important resistance areas.
- A resistance zone ranging from 6.87 to 7.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.33 to 7.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 21.66 | NEGATIVE | AMWL has a low relative strength, it was outperformed by 78.34% 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) | 44.96 | NEUTRAL | The RSI value for AMWL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests AMWL has a negative trend. |
| Stochastics (14,3) | 26.96 | NEUTRAL | The Stochastics value for AMWL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.34 | HIGH VOLATILITY | The high ATR as a percentage value for AMWL suggests high volalility. |
| Average Directional Index/ADX (14) | 12.98 | 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 (6/18/2025, 8:04:00 PM)
6.81
+0.12 (+1.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg1.79%
1 Week-5.15%
2 Weeks-1.59%
1 Month-9.8%
3 Month-12.8%
6 Month-13.47%
12 Month-7.97%
2 Year-83.79%
3 Year-92.12%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%5.34%
ATR Inc-28.27%
Range Today0.22
ADR(20)0.36
ADR(20)%5.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.66
Mansfield-2.34
10 Day High7.65
10 Day Low6.64
20 Day High7.65
20 Day Low6.5
52 Week High12.95
52 Week Low5
CS1 End6.69
CR1 Start6.87
Volume & EV
DER(3)7.48%
DER(5)5.25%
Volume17.90K
Volume Incr-17.82%
Vol(5)32.06K
Vol(50)47.55K