AMPCO-PITTSBURGH CORP (AP) Technical Analysis
NYSE:AP • US0320371034
Overall AP gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AP is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, AP did better than 99% of all other stocks.
- AP is part of the Metals & Mining industry. There are 157 other stocks in this industry. AP outperforms 96% of them.
- A new 52 week high is currently being made by AP, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month AP has a been trading in the 7.10 - 10.00 range, which is quite wide. It is currently trading near the high of this range.
AP has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for AP 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
7.38
3 important support areas can be observed.
- Support @8.59 from a trend line in the daily time frame.
- A support zone ranging from 8.24 to 8.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.45 from a trend 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 | UP | POSITIVE | The long term trend for AP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AP is up. |
| ChartMill Relative Strength | 99.15 | POSITIVE | AP has a high relative strength, it outperformed 99.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.73 | NEUTRAL | The RSI value for AP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests AP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 82.3 | OVERBOUGHT | The high Stochastics value suggests AP may be overbought. |
| Average True Range in percent/ATR (20) | 8.49 | HIGH VOLATILITY | The high ATR as a percentage value for AP suggests high volalility. |
| Average Directional Index/ADX (14) | 32.53 | POSITIVE | The high ADX value value for AP suggests a strong trend. |
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.01 | 8.58 | 1.43 (14.29%) | 7.00% |
| An entry @10.01. This is a Buy Stop order right above the 10 day high. | An exit @8.58. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.43 points, which is 14.29%. | When investing 7.00% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
AP Technicals: Chart, Performance Metrics, Trend & Indicators
9.52
-0.47 (-4.7%)
AMPCO-PITTSBURGH CORP / AP FAQ
What is the technical rating for AP stock?
ChartMill assigns a technical rating of 10 / 10 to AP.
Can you provide the trend direction for AMPCO-PITTSBURGH CORP?
The current trend direction for AMPCO-PITTSBURGH CORP (AP) is Bullish.
What is the RSI signal for AMPCO-PITTSBURGH CORP (AP) stock?
AMPCO-PITTSBURGH CORP (AP) has an RSI value of 60.7308. This indicates that the stock is currently neutral.
What is the buy/sell signal for AMPCO-PITTSBURGH CORP (AP) stock?
The buy/sell signal for AMPCO-PITTSBURGH CORP (AP) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for AMPCO-PITTSBURGH CORP?
AMPCO-PITTSBURGH CORP (AP) has a support level at 8.59. Check the full technical report for our detailed analysis of AP support and resistance levels.