INFRACAP MLP ETF (AMZA) Stock Technical Analysis
NYSEARCA:AMZA - NYSE Arca - US26923G7723 - ETF - Currency: USD
Taking everything into account, AMZA scores 1 out of 10 in our technical rating. AMZA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, AMZA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 42.91. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 41.83, a Stop Loss order could be placed below this zone.
More info and screens
38.15
We found 3 important support areas.
- A support zone ranging from 41.18 to 41.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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.
We can see 3 important resistance areas.
- A resistance zone ranging from 42.91 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 | DOWN | NEGATIVE | The short term trend for AMZA is down. |
| ChartMill Relative Strength | 32.75 | NEUTRAL | AMZA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AMZA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMZA is above the rising 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) | 49.06 | NEUTRAL | The RSI value for AMZA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests AMZA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.07 | NEUTRAL | The Stochastics value for AMZA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.62 | LOW VOLATILITY | The low ATR as a percentage value for AMZA suggests low volalility. |
| Average Directional Index/ADX (14) | 12.13 | NEGATIVE | The low ADX value for AMZA suggests a weak or negative trend. |
NYSEARCA:AMZA (7/17/2025, 8:04:00 PM)
42.8465
+0.31 (+0.72%)