YIELDMAX AMAZN OPTION INCOME (AMZY) Technical Analysis
NYSEARCA:AMZY • US88634T8403
Current stock price
AMZY Technical Rating and Analysis
Overall AMZY gets a technical rating of 4 out of 10. In the past year, AMZY was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 82% of all other stocks performed better in the past year than AMZY.
- In the last month AMZY has a been trading in the 10.61 - 12.59 range, which is quite wide. It is currently trading near the high of this range.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- AMZY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AMZY is lagging the market.
AMZY Weekly and Daily overview Charts
AMZY Setup Rating and Analysis
AMZY has an average technical rating and also 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
AMZY Support and Resistance Analysis
12.17
When analyzing the support we notice one important area.
- A support zone ranging from 12.29 to 12.30. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 12.57 to 12.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.12 from a trend line in the daily time frame.
- Resistance @13.75 from a horizontal line in the daily time frame.
AMZY Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for AMZY is up. |
| ChartMill Relative Strength | 18.37 | NEGATIVE | AMZY has a low relative strength, it was outperformed by 81.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMZY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMZY is above the rising 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) | 71.09 | OVERBOUGHT | The high RSI value suggests AMZY may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests AMZY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.52 | OVERBOUGHT | The high Stochastics value suggests AMZY may be overbought. |
| Average True Range in percent/ATR (20) | 1.98 | LOW VOLATILITY | The low ATR as a percentage value for AMZY suggests low volalility. |
| Average Directional Index/ADX (14) | 29.17 | POSITIVE | The high ADX value value for AMZY suggests a strong trend. |
AMZY Chart- and CandleStick Pattern Analysis
AMZY Technicals: Chart, Performance Metrics, Trend & Indicators
12.56
+0.2 (+1.62%)
YIELDMAX AMAZN OPTION INCOME / AMZY TA FAQ
What is the technical rating for AMZY stock?
ChartMill assigns a technical rating of 4 / 10 to AMZY.
What is the trend direction for AMZY stock?
The current trend direction for YIELDMAX AMAZN OPTION INCOME (AMZY) is Bearish.
What is the RSI signal for YIELDMAX AMAZN OPTION INCOME (AMZY) stock?
YIELDMAX AMAZN OPTION INCOME (AMZY) has an RSI value of 71.0947. This indicates that the stock is currently overbought.
What is the MACD signal for AMZY stock?
The MACD indicator for YIELDMAX AMAZN OPTION INCOME (AMZY) has a value of 0.11073, indicating a bearish trend.
What is the buy/sell signal for YIELDMAX AMAZN OPTION INCOME (AMZY) stock?
The buy/sell signal for YIELDMAX AMAZN OPTION INCOME (AMZY) is hold as the short term and long term trends are mixed.