USA - NYSE:AS - KYG0260P1028 - Common Stock
Overall AS gets a technical rating of 2 out of 10. Although AS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
AS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 29.77, a Stop Loss order could be placed below this zone.
29.24
When analyzing the support we notice one important area.
2 important resistance areas can be observed.
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 AS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AS is down. |
| ChartMill Relative Strength | 82.45 | POSITIVE | AS has a high relative strength, it outperformed 82.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.95 | NEUTRAL | The RSI value for AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests AS has a positive trend. |
| Stochastics (14,3) | 41.1 | NEUTRAL | The Stochastics value for AS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.56 | MEDIUM VOLATILITY | The ATR as a percentage value for AS suggests some volalility. |
| Average Directional Index/ADX (14) | 23.08 | NEUTRAL | The ADX value for AS suggests a possible start of a new trend. |
30.41
-0.97 (-3.09%)
ChartMill assigns a technical rating of 2 / 10 to AS.
The current trend direction for AMER SPORTS INC (AS) is Bearish.
AMER SPORTS INC (AS) has an RSI value of 40.9519. This indicates that the stock is currently neutral.
The short term momentum for AMER SPORTS INC (AS) is negative.
AMER SPORTS INC (AS) has a support level at 29.77 and a resistance level at 30.67. Check the full technical report for our detailed analysis of AS support and resistance levels.