AMRYT PHARMA PLC - SPNR ADR (AMYT) Technical Analysis
NASDAQ:AMYT • US03217L1061
We assign a technical rating of 8 out of 10 to AMYT. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AMYT is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- AMYT is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 89% of 193 stocks in the same industry.
- AMYT is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so AMYT is leading the market.
- Looking at the yearly performance, AMYT did better than 96% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- In the last month AMYT has a been trading in a tight range between 14.52 and 14.76.
- Volume is considerably higher in the last couple of days.
AMYT 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
6.73
When analyzing the support we can see 3 important areas.
- A support zone ranging from 14.54 to 14.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.99 from a horizontal line in the daily time frame.
- Support @6.80 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 14.73 to 14.78. 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 AMYT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMYT is up. |
| ChartMill Relative Strength | 96.95 | POSITIVE | AMYT has a high relative strength, it outperformed 96.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMYT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMYT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AMYT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.18 | NEUTRAL | The RSI value for AMYT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests AMYT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 70.59 | NEUTRAL | The Stochastics value for AMYT is a neutral value. |
| Average True Range in percent/ATR (20) | 0.36 | LOW VOLATILITY | The low ATR as a percentage value for AMYT suggests low volalility. |
| Average Directional Index/ADX (14) | 56.47 | POSITIVE | The high ADX value value for AMYT suggests a strong trend. |
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 |
|---|---|---|---|
| 14.79 | 14.54 | 0.25 (1.69%) | 25.00% |
| An entry @14.79. This is a Buy Stop order right above the resistance zone. | An exit @14.54. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.25 points, which is 1.69%. | For a 0.42% total portfolio risk, you can invest 25.00% 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.
AMYT Technicals: Chart, Performance Metrics, Trend & Indicators
14.7
+0.01 (+0.07%)
AMRYT PHARMA PLC - SPNR ADR / AMYT FAQ
What is the ChartMill technical rating of AMRYT PHARMA PLC - SPNR ADR (AMYT) stock?
ChartMill assigns a technical rating of 7 / 10 to AMYT.
Can you provide the trend direction for AMRYT PHARMA PLC - SPNR ADR?
The current trend direction for AMRYT PHARMA PLC - SPNR ADR (AMYT) is Bullish.
What is the RSI signal for AMRYT PHARMA PLC - SPNR ADR (AMYT) stock?
AMRYT PHARMA PLC - SPNR ADR (AMYT) has an RSI value of 69.1836. This indicates that the stock is currently neutral.
What is the short term momentum for AMRYT PHARMA PLC - SPNR ADR (AMYT) stock?
The short term momentum for AMRYT PHARMA PLC - SPNR ADR (AMYT) is positive.
What is the buy/sell signal for AMYT stock?
The buy/sell signal for AMRYT PHARMA PLC - SPNR ADR (AMYT) is buy as both the short term and long term trends are positive.