AMTECH SYSTEMS INC (ASYS) Stock Technical Analysis
USA - NASDAQ:ASYS - US0323325045 - Common Stock
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.
Although ASYS 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.
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3.41
4 important support areas can be observed.
- A support zone ranging from 7.73 to 7.82. 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 7.40 to 7.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.59 from a trend line in the daily time frame.
- Support @3.44 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 8.15 to 8.16. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for ASYS is neutral. |
| ChartMill Relative Strength | 92.72 | POSITIVE | ASYS has a high relative strength, it outperformed 92.72% 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) | 46.69 | NEUTRAL | The RSI value for ASYS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests ASYS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.84 | NEUTRAL | The Stochastics value for ASYS is a neutral value. |
| Average True Range in percent/ATR (20) | 9.01 | HIGH VOLATILITY | The high ATR as a percentage value for ASYS suggests high volalility. |
| Average Directional Index/ADX (14) | 21.83 | NEUTRAL | The ADX value for ASYS suggests a possible start of a new trend. |
7.93
-0.17 (-2.1%)
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.
Can you provide the trend direction for AMTECH SYSTEMS INC?
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 46.6946. This indicates that the stock is currently neutral.
What is the short term momentum for AMTECH SYSTEMS INC (ASYS) stock?
The short term momentum for AMTECH SYSTEMS INC (ASYS) is neutral.
What is the support and resistance level for ASYS stock?
AMTECH SYSTEMS INC (ASYS) has a support level at 7.82 and a resistance level at 8.15. Check the full technical report for our detailed analysis of ASYS support and resistance levels.