AMERICA MOVIL SAB DE CV (AMX) Technical Analysis
NYSE:AMX • US02390A1016
Current stock price
AMX Technical Rating and Analysis
Overall AMX gets a technical rating of 9 out of 10. In the last year, AMX was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month AMX has a been trading in the 22.86 - 26.16 range, which is quite wide. It is currently trading near the lows of this range.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the yearly performance of all stocks, we notice that AMX is one of the better performing stocks in the market, outperforming 90% 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 76% of them.
- 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 2631950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
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
We found 5 important support areas.
- A support zone ranging from 22.52 to 22.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.78 from a trend line in the weekly time frame.
- Support @20.85 from a trend line in the daily time frame.
- A support zone ranging from 20.16 to 20.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The short term trend for AMX is neutral. |
| ChartMill Relative Strength | 90.72 | POSITIVE | AMX has a high relative strength, it outperformed 90.72% off all stocks 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) | UP | POSITIVE | The current price of AMX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.49 | NEUTRAL | The RSI value for AMX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests AMX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.46 | OVERSOLD | The low Stochastics value suggests AMX may be oversold. |
| Average True Range in percent/ATR (20) | 2.97 | MEDIUM VOLATILITY | The ATR as a percentage value for AMX suggests some volalility. |
| Average Directional Index/ADX (14) | 27.31 | 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 |
|---|---|---|---|
| 23.82 | 22.85 | 0.97 (4.07%) | 24.56% |
| An entry @23.82. This is a Buy Stop order right above the 10 day moving average. | An exit @22.85. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.97 points, which is 4.07%. | For a 1.00% total portfolio risk, you can invest 24.56% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of AMX. Please evaluate whether better entry and exit points can be found.
- 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
23.78
+0.34 (+1.45%)
AMERICA MOVIL SAB DE CV / AMX TA FAQ
What is the technical rating for AMX stock?
ChartMill assigns a technical rating of 9 / 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 AMX stock?
AMERICA MOVIL SAB DE CV (AMX) has an RSI value of 51.4887. 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 -0.26957, indicating a bearish trend.
What is the short term momentum for AMX stock?
The short term momentum for AMERICA MOVIL SAB DE CV (AMX) is neutral.