AMTECH SYSTEMS INC (ASYS) Stock Technical Analysis
NASDAQ:ASYS - Nasdaq - US0323325045 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to ASYS. In the past year, ASYS was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
ASYS is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 68% of 110 stocks in the same industry do better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month ASYS has a been trading in the 3.93 - 4.94 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, ASYS turns out to be only a medium performer in the overall market: it outperformed 41% of all stocks.
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.
Considerably lower volume is observed in the last couple of days.
ASYS has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 4.82. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.52, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
3.41
6.07
We found 2 important support areas.
- A support zone ranging from 4.51 to 4.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.44 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 4.82 to 4.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.18 from a trend line in the weekly time frame.
- Resistance @5.64 from a trend line in the daily time frame.
- Resistance @6.01 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for ASYS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ASYS is up. |
| ChartMill Relative Strength | 41.4 | NEUTRAL | ASYS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ASYS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ASYS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ASYS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.7 | NEUTRAL | The RSI value for ASYS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ASYS has a negative trend. |
| Stochastics (14,3) | 49.3 | NEUTRAL | The Stochastics value for ASYS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.69 | HIGH VOLATILITY | The high ATR as a percentage value for ASYS suggests high volalility. |
| Average Directional Index/ADX (14) | 27.05 | POSITIVE | The high ADX value value for ASYS suggests a strong 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)
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 |
|---|---|---|---|
| 4.89 | 4.50 | 0.39 (7.98%) | 12.54% |
| An entry @4.89. This is a Buy Stop order right above the resistance zone. | An exit @4.50. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.39 points, which is 7.98%. | For a 1.00% total portfolio risk, you can invest 12.54% of your capital in this trade. |
- 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.
4.53
+0.01 (+0.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg0.22%
1 Week-6.98%
2 Weeks0%
1 Month8.11%
3 Month26.54%
6 Month-13.71%
12 Month-20.94%
2 Year-57.86%
3 Year-42.07%
5 Year-12.04%
10 Year-31.47%
15 Year-55.06%
Volatility
ATR(14)0.26
ATR(20)%5.69%
ATR Inc11.9%
Range Today0.38
ADR(20)0.25
ADR(20)%5.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.4
Mansfield-1.89
10 Day High4.94
10 Day Low4.47
20 Day High4.94
20 Day Low3.93
52 Week High6.81
52 Week Low3.2
CS1 End4.52
CR1 Start4.82
Volume & EV
DER(3)-5.61%
DER(5)-3.9%
Volume64.00K
Volume Incr-27.19%
Vol(5)30.20K
Vol(50)52.56K