AMERICA MOVIL SAB DE CV (AMX) Stock Technical Analysis
NYSE:AMX - New York Stock Exchange, Inc. - US02390A1016 - ADR - Currency: USD
We assign a technical rating of 7 out of 10 to AMX. Although AMX is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
AMX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so AMX is performing more or less in line with the market.
AMX has an average volume of 2917590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, AMX outperforms 68% of them, which is more or less in line with the market.
AMX is part of the Wireless Telecommunication Services industry. There are 21 other stocks in this industry, AMX did better than 44% of them.
In the last month AMX has a been trading in the 16.66 - 17.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although AMX has an excellent technical rating, it does not present a decent entry opportunity 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
13.53
17.77
3 important support areas can be observed.
- A support zone ranging from 16.89 to 16.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.56 from a trend line in the weekly time frame.
- Support @13.67 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 17.27 to 17.59. 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 | 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 | 68.08 | NEUTRAL | AMX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AMX is below a declining 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) | DOWN | MIXED | The current price of AMX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.9 | NEUTRAL | The RSI value for AMX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests AMX has a negative trend. |
| Stochastics (14,3) | 41.57 | NEUTRAL | The Stochastics value for AMX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.1 | MEDIUM VOLATILITY | The ATR as a percentage value for AMX suggests some volalility. |
| Average Directional Index/ADX (14) | 24.3 | NEUTRAL | The ADX value for AMX suggests a possible start of a new 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)
16.9
-0.43 (-2.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryWireless Telecommunication Services
Performance
% Chg-2.48%
1 Week-3.26%
2 Weeks-2.42%
1 Month-1.52%
3 Month18.76%
6 Month13.96%
12 Month-8.85%
2 Year-20.51%
3 Year-20.81%
5 Year27.45%
10 Year-19.52%
15 Year-64.3%
Volatility
ATR(14)0.35
ATR(20)%2.1%
ATR Inc7.41%
Range Today0.54
ADR(20)0.36
ADR(20)%2.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.08
Mansfield0.31
10 Day High17.98
10 Day Low16.88
20 Day High17.98
20 Day Low16.66
52 Week High18.73
52 Week Low13.1
CS1 End16.89
CR1 Start17.27
Volume & EV
DER(3)-5.42%
DER(5)-4.2%
Volume3.86M
Volume Incr-25.71%
Vol(5)2.22M
Vol(50)2.92M