Logo image of ANAT

AMERICAN NATIONAL GROUP INC (ANAT) Stock Technical Analysis

USA - NASDAQ:ANAT - US02772A1097 - Common Stock

190.02
+0.34 (+0.18%)
Last: 5/24/2022, 8:21:25 PM
189.61
-0.41 (-0.22%)
After Hours: 5/24/2022, 8:21:25 PM
Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to ANAT. Both in the recent history as in the last year, ANAT has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
ANAT is part of the Insurance industry. There are 147 other stocks in this industry. ANAT outperforms 95% of them.
ANAT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ANAT is lagging the market slightly.
When comparing the yearly performance of all stocks, we notice that ANAT is one of the better performing stocks in the market, outperforming 92% of all stocks. We also observe that the gains produced by ANAT over the past year are nicely spread over this period. However, this overall performance is mostly based on the strong move around 10 months ago.
In the last month ANAT has a been trading in a tight range between 188.50 and 190.40.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
AMERICAN NATIONAL GROUP INC / ANAT Weekly stock chart
AMERICAN NATIONAL GROUP INC / ANAT Daily stock chart
Setup Rating and Analysis

9

ANAT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 190.61. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 189.67, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

185.84

196.41

We found 1 important support area.

  • A support zone ranging from 187.72 to 189.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 190.61 to 194.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for ANAT is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for ANAT is neutral.
ChartMill Relative Strength92.13POSITIVEANAT has a high relative strength, it outperformed 92.13% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of ANAT is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of ANAT is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of ANAT is above the rising SMA(200).
Relative Strength Index/RSI (14)59.54NEUTRALThe RSI value for ANAT is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.06POSITIVEThe MACD value suggests ANAT has a positive trend.
Stochastics (14,3)54.28NEUTRALThe Stochastics value for ANAT is a neutral value.
Average True Range in percent/ATR (20)0.37LOW VOLATILITYThe low ATR as a percentage value for ANAT suggests low volalility.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
190.41188.571.84 (0.97%)25.00%
An entry @190.41. This is a Buy Stop order right above the 10 day high.An exit @188.57. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 1.84 points, which is 0.97%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.24%.

  • 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.
AMERICAN NATIONAL GROUP INC / ANAT Daily stock chart

AMERICAN NATIONAL GROUP INC

NASDAQ:ANAT (5/24/2022, 8:21:25 PM)

After market: 189.61 -0.41 (-0.22%)

190.02

+0.34 (+0.18%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.18%
1 Week0.2%
2 Weeks0.48%
1 Month0.51%
3 Month0.44%
6 Month0.38%
12 Month26.66%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.78
ATR(20)%0.37%
ATR Inc-5.69%
Range Today0.54
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.13
Mansfield1.63
10 Day High190.4
10 Day Low188.58
20 Day High190.4
20 Day Low188.5
52 Week High195.89
52 Week Low144.35
CS1 End189.67
CR1 Start190.61
Volume & EV
DER(3)-0.47%
DER(5)-0.39%
Volume350.70K
Volume Incr56.3%
Vol(5)171.70K
Vol(50)109.02K