AMERICA MOVIL SAB DE CV (AMX) Stock Technical Analysis
USA - NYSE:AMX - US02390A1016 - ADR
We assign a technical rating of 10 out of 10 to AMX. Both in the recent history as in the last year, AMX has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although AMX has an excellent technical rating, the quality of the presented setup is not ideal 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
16.69
We found 3 important support areas.
- A support zone ranging from 22.28 to 22.87. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 20.88 to 21.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.86 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 23.28 to 23.28. This zone is formed by a combination of multiple trend lines 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 | 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 | 90.67 | POSITIVE | AMX has a high relative strength, it outperformed 90.67% 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) | 67.44 | NEUTRAL | The RSI value for AMX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests AMX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 60.34 | NEUTRAL | The Stochastics value for AMX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.2 | MEDIUM VOLATILITY | The ATR as a percentage value for AMX suggests some volalility. |
| Average Directional Index/ADX (14) | 37.96 | POSITIVE | The high ADX value value for AMX suggests a strong trend. |
23.27
+0.56 (+2.47%)
AMERICA MOVIL SAB DE CV / AMX FAQ
What is the technical rating for AMX stock?
ChartMill assigns a technical rating of 10 / 10 to AMX.
What is the current trend direction of AMERICA MOVIL SAB DE CV (AMX) stock?
The current trend direction for AMERICA MOVIL SAB DE CV (AMX) is Bullish.
What is the RSI signal for AMX stock?
AMERICA MOVIL SAB DE CV (AMX) has an RSI value of 67.444. This indicates that the stock is currently neutral.
What is the short term momentum for AMERICA MOVIL SAB DE CV (AMX) stock?
The short term momentum for AMERICA MOVIL SAB DE CV (AMX) is positive.
Can you provide the support and resistance levels for AMERICA MOVIL SAB DE CV?
AMERICA MOVIL SAB DE CV (AMX) has a support level at 22.87 and a resistance level at 23.28. Check the full technical report for our detailed analysis of AMX support and resistance levels.