AQUA METALS INC (AQMS) Stock Technical Analysis
NASDAQ:AQMS • US03837J3095
Overall AQMS gets a technical rating of 0 out of 10. AQMS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, AQMS is a bad performer in the overall market: 97% of all stocks are doing better.
- AQMS is part of the Commercial Services & Supplies industry. There are 80 other stocks in this industry, of which 83% are performing better than AQMS.
- AQMS is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- In the last month AQMS has a been trading in the 4.01 - 5.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, AQMS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 4.77. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for AQMS 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
4.24
When analyzing the support we can see 2 important areas.
- Support @4.71 from a horizontal line in the weekly time frame.
- Support @4.28 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 4.77 to 4.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.96 from a trend line in the daily time frame.
- Resistance @8.70 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for AQMS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AQMS is down. |
| ChartMill Relative Strength | 3.89 | NEGATIVE | AQMS has a low relative strength, it was outperformed by 96.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AQMS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AQMS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AQMS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.16 | NEUTRAL | The RSI value for AQMS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests AQMS has a positive trend. |
| Stochastics (14,3) | 54.3 | NEUTRAL | The Stochastics value for AQMS is a neutral value. |
| Average True Range in percent/ATR (20) | 8.65 | HIGH VOLATILITY | The high ATR as a percentage value for AQMS suggests high volalility. |
| Average Directional Index/ADX (14) | 13.87 | NEGATIVE | The low ADX value for AQMS suggests a weak or negative trend. |
4.76
+0.02 (+0.42%)
AQUA METALS INC / AQMS FAQ
Can you provide the ChartMill technical rating for AQUA METALS INC?
ChartMill assigns a technical rating of 0 / 10 to AQMS.
Can you provide the trend direction for AQUA METALS INC?
The current trend direction for AQUA METALS INC (AQMS) is Bearish.
What is the RSI signal for AQMS stock?
AQUA METALS INC (AQMS) has an RSI value of 45.1604. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AQUA METALS INC?
The MACD indicator for AQUA METALS INC (AQMS) has a value of 0.0395635, indicating a bearish trend.
What is the buy/sell signal for AQUA METALS INC (AQMS) stock?
The buy/sell signal for AQUA METALS INC (AQMS) is sell as both the short term and long term trends are negative.