INFRACAP MLP ETF (AMZA) Stock Technical Analysis
NYSEARCA:AMZA - NYSE Arca - US26923G7723 - ETF - Currency: USD
Taking everything into account, AMZA scores 2 out of 10 in our technical rating. AMZA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
In the last month AMZA has a been trading in the 41.19 - 44.51 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the performance of all stocks over the past year, AMZA turns out to be only a medium performer in the overall market: it outperformed 52% of all stocks.
AMZA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AMZA is lagging the market slightly.
Although the technical rating is bad, AMZA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 43.23. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 42.97, a Stop Loss order could be placed below this zone.
More info and screens
38.15
49.20
When analyzing the support we can see 4 important areas.
- A support zone ranging from 42.16 to 42.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @40.68 from a trend line in the weekly time frame.
- A support zone ranging from 39.22 to 40.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @38.54 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 43.23 to 43.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @47.30 from a horizontal line in the daily time frame.
- A resistance zone ranging from 48.24 to 48.71. 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 | DOWN | NEGATIVE | The long term trend for AMZA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AMZA is neutral. |
| ChartMill Relative Strength | 52.76 | NEUTRAL | AMZA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMZA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AMZA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of AMZA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.55 | NEUTRAL | The RSI value for AMZA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests AMZA has a positive trend. |
| Stochastics (14,3) | 42.13 | NEUTRAL | The Stochastics value for AMZA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.01 | MEDIUM VOLATILITY | The ATR as a percentage value for AMZA suggests some volalility. |
| Average Directional Index/ADX (14) | 12.65 | NEGATIVE | The low ADX value for AMZA suggests a weak or negative 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)
NYSEARCA:AMZA (6/6/2025, 8:04:00 PM)
43.0554
+0.47 (+1.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.09%
1 Week2.93%
2 Weeks2.27%
1 Month4.28%
3 Month-4.85%
6 Month-4.81%
12 Month9.5%
2 Year29.84%
3 Year62.23%
5 Year147.45%
10 Year-78.32%
15 YearN/A
Volatility
ATR(14)0.79
ATR(20)%2.01%
ATR Inc-12.48%
Range Today0.54
ADR(20)0.81
ADR(20)%1.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.76
Mansfield-0.44
10 Day High43.46
10 Day Low41.68
20 Day High44.51
20 Day Low41.19
52 Week High48.98
52 Week Low37.18
CS1 End42.97
CR1 Start43.23
Volume & EV
DER(3)-0.5%
DER(5)-1.79%
Volume17.20K
Volume Incr-24.78%
Vol(5)25.50K
Vol(50)36.86K