AMMO INC (POWW)

US00175J1079 - Common Stock

2.5  -0.03 (-1.19%)

After market: 2.5 0 (0%)

Technical Rating and Analysis

6

Overall POWW gets a technical rating of 6 out of 10. 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 POWW has a been trading in the 2.42 - 2.82 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
POWW is part of the Leisure Products industry. There are 32 other stocks in this industry. POWW outperforms 93% of them.
Looking at the yearly performance, POWW did better than 88% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
POWW is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so POWW is lagging the market slightly.
Weekly and Daily overview Charts
POWW Weekly chart
POWW Daily chart
Setup Rating and Analysis

7

Although the technical rating is only medium, POWW does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 2.46, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

1.94

2.83

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 2.45 to 2.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @2.21 from a trend line in the weekly time frame.
  • A support zone ranging from 1.96 to 1.96. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 3 important resistance areas.

  • A resistance zone ranging from 2.53 to 2.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @2.69 from a trend line in the weekly time frame.
  • A resistance zone ranging from 2.76 to 2.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.58
Mansfield0.49
10 Day High2.71
10 Day Low2.42
20 Day High2.82
20 Day Low2.42
52 Week High3.15
52 Week Low1.6
Performance
1 Week-1.17%
2 Weeks2.43%
1 Month-4.17%
3 Month13.96%
6 Month-16.23%
12 Month40.56%
2 Year-42.76%
3 Year-63.12%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)47.39
LBB2.44
UBB2.63
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
2.582.440.14 (5.43%)18.43%
An entry @2.58. This is a Buy Stop order right above the resistance zone.An exit @2.44. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.14 points, which is 5.43%.When investing 18.43% 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.
POWW Daily chart

AMMO INC

NASDAQ:POWW (5/2/2024, 3:30:01 PM)

After market: 2.5 0 (0%)

2.5

-0.03 (-1.19%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg-1.19%
1 Week-1.17%
2 Weeks2.43%
1 Month-4.17%
3 Month13.96%
6 Month-16.23%
12 Month40.56%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.09
ATR(20)%4.08%
ATR Inc
Range Today0.13
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.71
10 Day Low2.42
20 Day High2.82
20 Day Low2.42
52 Week High3.15
52 Week Low1.6
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume294.29K
Volume Incr-22.81%
Vol(5)337.90K
Vol(50)463.35K