AMER SPORTS INC (AS) Stock Technical Analysis
NYSE:AS - KYG0260P1028 - Common Stock
41.05 USD
+0.34 (+0.84%)
40.7325 USD
-0.32 (-0.77%)
Taking everything into account, AS scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, AS has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, AS did better than 96% of all other stocks. On top of that, AS also shows a nice and consistent pattern of rising prices.
AS is one of the better performing stocks in the Textiles, Apparel & Luxury Goods industry, it outperforms 93% of 50 stocks in the same industry.
AS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month AS has a been trading in the 35.00 - 42.36 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
AS has an average volume of 4007070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although AS has an excellent technical rating, it does not present a decent entry opportunity 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
22.40
41.46
We found 6 important support areas.
- Support @40.34 from a trend line in the weekly time frame.
- A support zone ranging from 37.57 to 38.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 36.38 to 36.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @35.73 from a horizontal line in the daily time frame.
- Support @28.02 from a trend line in the weekly time frame.
- Support @22.63 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 AS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AS is up. |
| ChartMill Relative Strength | 96.95 | POSITIVE | AS has a high relative strength, it outperformed 96.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.86 | NEUTRAL | The RSI value for AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests AS has a positive trend. |
| Stochastics (14,3) | 79.03 | NEUTRAL | The Stochastics value for AS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.21 | MEDIUM VOLATILITY | The ATR as a percentage value for AS suggests some volalility. |
| Average Directional Index/ADX (14) | 15.4 | NEGATIVE | The low ADX value for AS suggests a weak or negative trend. |
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)
41.05
+0.34 (+0.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg0.84%
1 Week10.44%
2 Weeks5.04%
1 Month5.66%
3 Month12.84%
6 Month37.34%
12 Month200.73%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.7
ATR(20)%4.21%
ATR Inc-46.98%
Range Today1.13
ADR(20)1.59
ADR(20)%3.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.95
Mansfield3.24
10 Day High42.36
10 Day Low35
20 Day High42.36
20 Day Low35
52 Week High42.36
52 Week Low13.16
CS1 End40.34
CR1 StartN/A
Volume & EV
DER(3)-0.52%
DER(5)0.36%
Volume4.23M
Volume Incr39.56%
Vol(5)5.72M
Vol(50)4.01M