AMERICA MOVIL SAB DE CV (AMX) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:AMX • US02390A1016
We assign a technical rating of 9 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.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, AMX did better than 80% of all other stocks. We also observe that the gains produced by AMX over the past year are nicely spread over this period.
- AMX is one of the better performing stocks in the Wireless Telecommunication Services industry, it outperforms 76% of 22 stocks in the same industry.
- 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.
- In the last month AMX has a been trading in the 19.70 - 22.57 range, which is quite wide. It is currently trading near the high of this range.
- AMX has an average volume of 2227700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although AMX has an excellent technical rating, it does not offer a high quality setup 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
19.31
3 important support areas can be observed.
- A support zone ranging from 21.04 to 21.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.89 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.
We found 1 important resistance area.
- A resistance zone ranging from 23.27 to 23.50. 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 | 80.74 | POSITIVE | AMX has a high relative strength, it outperformed 80.74% 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) | DOWN | MIXED | The current price of AMX is above a declining 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) | 65.87 | NEUTRAL | The RSI value for AMX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests AMX has a positive trend. |
| Stochastics (14,3) | 87.11 | OVERBOUGHT | The high Stochastics value suggests AMX may be overbought. |
| Average True Range in percent/ATR (20) | 2.54 | MEDIUM VOLATILITY | The ATR as a percentage value for AMX suggests some volalility. |
| Average Directional Index/ADX (14) | 24.88 | NEUTRAL | The ADX value for AMX suggests a possible start of a new trend. |
22.48
+0.33 (+1.49%)
AMERICA MOVIL SAB DE CV / AMX 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 65.8654. 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 0.172147, 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 positive.