AMERICA MOVIL SAB DE CV (AMX) Technical Analysis
NYSE:AMX • US02390A1016
Current stock price
AMX Technical Rating and Analysis
Taking everything into account, AMX scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AMX is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that AMX is one of the better performing stocks in the market, outperforming 87% of all stocks. On top of that, AMX also shows a nice and consistent pattern of rising prices.
- AMX is part of the Wireless Telecommunication Services industry. There are 22 other stocks in this industry. AMX outperforms 80% of them.
- AMX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AMX is lagging the market slightly.
- AMX is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- AMX has an average volume of 2202120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
AMX Weekly and Daily overview Charts
AMX Setup Rating and Analysis
AMX has an excellent technical rating, but the quality of the setup is only medium 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
AMX Support and Resistance Analysis
19.31
6 important support areas can be observed.
- Support @24.91 from a trend line in the daily time frame.
- A support zone ranging from 22.99 to 22.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.37 from a trend line in the weekly time frame.
- Support @21.35 from a trend line in the daily time frame.
- Support @20.16 from a horizontal line in the daily time frame.
- Support @19.50 from a horizontal line in the daily time frame.
AMX Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for AMX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMX is up. |
| ChartMill Relative Strength | 87.71 | POSITIVE | AMX has a high relative strength, it outperformed 87.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AMX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.4 | NEUTRAL | The RSI value for AMX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests AMX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.53 | NEUTRAL | The Stochastics value for AMX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.73 | MEDIUM VOLATILITY | The ATR as a percentage value for AMX suggests some volalility. |
| Average Directional Index/ADX (14) | 29.35 | POSITIVE | The high ADX value value for AMX suggests a strong trend. |
AMX Chart- and CandleStick Pattern Analysis
AMX Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 26.25 | 25.10 | 1.15 (4.38%) | 22.83% |
| An entry @26.25. This is a Buy Stop order right above the 10 day moving average. | An exit @25.10. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.15 points, which is 4.38%. | For a 1.00% total portfolio risk, you can invest 22.83% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AMX Technicals: Chart, Performance Metrics, Trend & Indicators
26.1
-0.18 (-0.68%)
AMERICA MOVIL SAB DE CV / AMX TA FAQ
What is the technical rating for AMX stock?
ChartMill assigns a technical rating of 10 / 10 to AMX.
Can you provide the trend direction for AMERICA MOVIL SAB DE CV?
The current trend direction for AMERICA MOVIL SAB DE CV (AMX) is Bullish.
What is the RSI signal for AMERICA MOVIL SAB DE CV (AMX) stock?
AMERICA MOVIL SAB DE CV (AMX) has an RSI value of 58.4047. This indicates that the stock is currently neutral.
What is the MACD signal for AMERICA MOVIL SAB DE CV (AMX) stock?
The MACD indicator for AMERICA MOVIL SAB DE CV (AMX) has a value of 0.0239727, indicating a bearish trend.
Can you provide the buy/sell signal for AMERICA MOVIL SAB DE CV?
The buy/sell signal for AMERICA MOVIL SAB DE CV (AMX) is buy as both the short term and long term trends are positive.