AMER SPORTS INC (AS) Stock Technical Analysis
NYSE:AS - New York Stock Exchange, Inc. - KYG0260P1028 - Common Stock - Currency: USD
Overall AS gets a technical rating of 10 out of 10. 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 short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that AS is one of the better performing stocks in the market, outperforming 97% of all stocks. We also observe that the gains produced by AS over the past year are nicely spread over this period.
AS is one of the better performing stocks in the Textiles, Apparel & Luxury Goods industry, it outperforms 100% 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.
AS has an average volume of 3974540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month AS has a been trading in the 35.69 - 39.96 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although AS has an excellent technical rating, the quality of the presented setup is not ideal 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
22.12
39.82
5 important support areas can be observed.
- A support zone ranging from 37.77 to 38.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 36.05 to 36.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.09 from a trend line in the weekly time frame.
- Support @23.34 from a trend line in the daily time frame.
- Support @22.34 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 39.36 to 39.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for AS is neutral. |
| ChartMill Relative Strength | 97.88 | POSITIVE | AS has a high relative strength, it outperformed 97.88% 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) | 54.61 | NEUTRAL | The RSI value for AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests AS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.96 | NEUTRAL | The Stochastics value for AS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.19 | MEDIUM VOLATILITY | The ATR as a percentage value for AS suggests some volalility. |
| Average Directional Index/ADX (14) | 17.55 | 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)
38.71
+2.2 (+6.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg6.03%
1 Week0.28%
2 Weeks1.39%
1 Month1.04%
3 Month43.42%
6 Month25.11%
12 Month237.49%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.24
ATR(20)%3.19%
ATR Inc71.25%
Range Today1.88
ADR(20)1.18
ADR(20)%3.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.88
Mansfield3.41
10 Day High39.22
10 Day Low35.69
20 Day High39.96
20 Day Low35.69
52 Week High40.21
52 Week Low11.03
CS1 End38.5
CR1 Start39.36
Volume & EV
DER(3)2.41%
DER(5)2.32%
Volume3.12M
Volume Incr-6.79%
Vol(5)3.02M
Vol(50)3.97M