YIELDMAX AMAZN OPTION INCOME (AMZY) Stock Technical Analysis
USA - NYSEARCA:AMZY - US88634T8403 - ETF
15.33 USD
0 (0%)
15.4 USD
+0.07 (+0.46%)
We assign a technical rating of 0 out of 10 to AMZY. AMZY'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.
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.
87% of all other stocks performed better in the past year than AMZY.
AMZY is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month AMZY has a been trading in the 14.73 - 15.66 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.
AMZY has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 14.99, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AMZY in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
14.56
16.78
2 important support areas can be observed.
- Support @14.99 from a trend line in the daily time frame.
- Support @14.71 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 15.33 to 15.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 16.13 to 16.61. 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 AMZY is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AMZY is neutral. |
| ChartMill Relative Strength | 13.65 | NEGATIVE | AMZY has a low relative strength, it was outperformed by 86.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AMZY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AMZY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AMZY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.26 | NEUTRAL | The RSI value for AMZY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests AMZY has a positive trend. |
| Stochastics (14,3) | 67.1 | NEUTRAL | The Stochastics value for AMZY is a neutral value. |
| Average True Range in percent/ATR (20) | 1.77 | LOW VOLATILITY | The low ATR as a percentage value for AMZY suggests low volalility. |
| Average Directional Index/ADX (14) | 14.61 | NEGATIVE | The low ADX value for AMZY 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)
15.33
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week1.05%
2 Weeks-0.78%
1 Month0%
3 Month-2.79%
6 Month-6.41%
12 Month-22.5%
2 Year-22.64%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%1.77%
ATR Inc-6.43%
Range Today0.25
ADR(20)0.22
ADR(20)%1.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.65
Mansfield-2.05
10 Day High15.65
10 Day Low15
20 Day High15.66
20 Day Low14.73
52 Week High21.08
52 Week Low13.84
CS1 End14.99
CR1 Start15.33
Volume & EV
DER(3)3.66%
DER(5)-0.23%
Volume194.90K
Volume Incr-13.06%
Vol(5)257.38K
Vol(50)336.40K