ATLANTIC AMERICAN CORP (AAME) Stock Technical Analysis
NASDAQ:AAME - Nasdaq - US0482091008 - Common Stock - Currency: USD
Taking everything into account, AAME scores 3 out of 10 in our technical rating. In the last year, AAME was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
86% of all other stocks performed better in the past year than AAME.
AAME is one of the lesser performing stocks in the Insurance industry. 87% of 144 stocks in the same industry do better.
AAME is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: AAME has an average volume of 5674 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month AAME has a been trading in the 1.42 - 1.73 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of AAME is bad and it also does not present a quality setup 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
1.42
1.77
3 important support areas can be observed.
- A support zone ranging from 1.71 to 1.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.54 to 1.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.43 to 1.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.75 to 1.75. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.65
Mansfield-1.52
10 Day High1.73
10 Day Low1.44
20 Day High1.73
20 Day Low1.42
52 Week High3
52 Week Low1.26
Performance
1 Week12.59%
2 Weeks10.4%
1 Month14.54%
3 Month4.3%
6 Month11.12%
12 Month-38.18%
2 Year-32.27%
3 Year-34.23%
5 Year-23.07%
10 Year-57.39%
15 Year22.31%
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)0.02
RSI(14)68.04
LBB1.4
UBB1.69
ATLANTIC AMERICAN CORP
NASDAQ:AAME (1/30/2025, 1:36:03 PM)
1.75
+0.05 (+2.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg2.94%
1 Week12.59%
2 Weeks10.4%
1 Month14.54%
3 Month4.3%
6 Month11.12%
12 Month-38.18%
2 Year-32.27%
3 Year-34.23%
5 Year-23.07%
10 Year-57.39%
15 Year22.31%
Volatility
ATR(14)0.08
ATR(20)%4.79%
ATR Inc161.89%
Range Today0.06
ADR(20)0.08
ADR(20)%4.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.65
Mansfield-1.52
10 Day High1.73
10 Day Low1.44
20 Day High1.73
20 Day Low1.42
52 Week High3
52 Week Low1.26
CS1 End1.56
CR1 Start1.71
Volume & EV
DER(3)4.31%
DER(5)7.38%
Volume2.46K
Volume Incr106.29%
Vol(5)9.84K
Vol(50)5.67K