AMTECH SYSTEMS INC (ASYS) Stock Technical Analysis
NASDAQ:ASYS • US0323325045
Taking everything into account, ASYS scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month ASYS has a been trading in the 10.02 - 18.59 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that ASYS is one of the better performing stocks in the market, outperforming 95% of all stocks.
- ASYS is part of the Semiconductors & Semiconductor Equipment industry. There are 113 other stocks in this industry. ASYS outperforms 76% of them.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- ASYS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ASYS is lagging the market.
- Volume is considerably higher in the last couple of days.
Although ASYS 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
8.26
4 important support areas can be observed.
- A support zone ranging from 10.98 to 11.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.01 from a trend line in the daily time frame.
- Support @8.74 from a trend line in the weekly time frame.
- Support @8.34 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 ASYS is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ASYS is down. |
| ChartMill Relative Strength | 95.57 | POSITIVE | ASYS has a high relative strength, it outperformed 95.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ASYS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ASYS is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ASYS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.67 | NEUTRAL | The RSI value for ASYS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.81 | NEGATIVE | The MACD value suggests ASYS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.94 | OVERSOLD | The low Stochastics value suggests ASYS may be oversold. |
| Average True Range in percent/ATR (20) | 14.17 | HIGH VOLATILITY | The high ATR as a percentage value for ASYS suggests high volalility. |
| Average Directional Index/ADX (14) | 41.87 | POSITIVE | The high ADX value value for ASYS suggests a strong trend. |
11.42
+0.43 (+3.91%)
AMTECH SYSTEMS INC / ASYS FAQ
What is the ChartMill technical rating of AMTECH SYSTEMS INC (ASYS) stock?
ChartMill assigns a technical rating of 7 / 10 to ASYS.
What is the trend direction for ASYS stock?
The current trend direction for AMTECH SYSTEMS INC (ASYS) is Bullish.
What is the RSI signal for AMTECH SYSTEMS INC (ASYS) stock?
AMTECH SYSTEMS INC (ASYS) has an RSI value of 38.6726. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for AMTECH SYSTEMS INC?
The buy/sell signal for AMTECH SYSTEMS INC (ASYS) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for AMTECH SYSTEMS INC (ASYS) stock?
AMTECH SYSTEMS INC (ASYS) has a support level at 11.11. Check the full technical report for our detailed analysis of ASYS support and resistance levels.