Anthem Inc (ANTM) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:ANTM • US0367521038
Taking everything into account, ANTM scores 4 out of 10 in our technical rating. In the last year, ANTM was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- ANTM is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 93% of 102 stocks in the same industry.
- ANTM has an average volume of 1186110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- Looking at the yearly performance, ANTM did better than 94% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- ANTM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ANTM is lagging the market.
- In the last month ANTM has a been trading in the 443.92 - 521.52 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ANTM has an average technical rating and it also does not offer a high quality setup 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
430.64
When analyzing the support we can see 2 important areas.
- A support zone ranging from 443.97 to 451.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @434.99 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 520.67 to 520.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @529.85 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for ANTM is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ANTM is neutral. |
| ChartMill Relative Strength | 94.79 | POSITIVE | ANTM has a high relative strength, it outperformed 94.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ANTM is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ANTM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ANTM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.21 | NEUTRAL | The RSI value for ANTM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.58 | POSITIVE | The MACD value suggests ANTM has a positive trend. |
| Stochastics (14,3) | 54.12 | NEUTRAL | The Stochastics value for ANTM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for ANTM suggests some volalility. |
482.58
+12.71 (+2.71%)
Anthem Inc / ANTM FAQ
Can you provide the ChartMill technical rating for Anthem Inc?
ChartMill assigns a technical rating of 3 / 10 to ANTM.
What is the current trend direction of Anthem Inc (ANTM) stock?
The current trend direction for Anthem Inc (ANTM) is Bearish.
What is the RSI signal for ANTM stock?
Anthem Inc (ANTM) has an RSI value of 51.2135. This indicates that the stock is currently neutral.
What are the support and resistance levels for Anthem Inc (ANTM) stock?
Anthem Inc (ANTM) has a support level at 451.07 and a resistance level at 520.67. Check the full technical report for our detailed analysis of ANTM support and resistance levels.