AMER SPORTS INC (AS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AS - KYG0260P1028 - Common Stock
Taking everything into account, AS scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AS is showing a nice and steady performance.
Besides having an excellent technical rating, AS also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 38.22, a Stop Loss order could be placed below this zone.
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31.65
We found 2 important support areas.
- A support zone ranging from 35.55 to 38.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 31.97 to 32.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @38.94 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 | 83.61 | POSITIVE | AS has a high relative strength, it outperformed 83.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AS is above a declining 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) | 57.62 | NEUTRAL | The RSI value for AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests AS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 70.89 | NEUTRAL | The Stochastics value for AS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.71 | MEDIUM VOLATILITY | The ATR as a percentage value for AS suggests some volalility. |
| Average Directional Index/ADX (14) | 16.76 | NEGATIVE | The low ADX value for AS suggests a weak or negative 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 |
|---|---|---|---|
| 38.95 | 36.23 | 2.72 (6.98%) | 14.32% |
| An entry @38.95. This is a Buy Stop order right above the resistance zone. | An exit @36.23. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.72 points, which is 6.98%. | When investing 14.32% 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.
38.53
-0.59 (-1.51%)
AMER SPORTS INC / AS FAQ
Can you provide the ChartMill technical rating for AMER SPORTS INC?
ChartMill assigns a technical rating of 8 / 10 to AS.
What is the trend direction for AS stock?
The current trend direction for AMER SPORTS INC (AS) is Bullish.
Can you provide the RSI signal for AMER SPORTS INC?
AMER SPORTS INC (AS) has an RSI value of 57.6209. This indicates that the stock is currently neutral.
What is the MACD signal for AMER SPORTS INC (AS) stock?
The MACD indicator for AMER SPORTS INC (AS) has a value of -0.0962329, indicating a bearish trend.
Can you provide the buy/sell signal for AMER SPORTS INC?
The buy/sell signal for AMER SPORTS INC (AS) is buy as both the short term and long term trends are positive.