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ATLANTIC AMERICAN CORP (AAME) Stock Technical Analysis

NASDAQ:AAME - Nasdaq - US0482091008 - Common Stock - Currency: USD

1.48  -0.06 (-3.9%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to AAME. AAME's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
85% of all other stocks performed better in the past year than AAME.
AAME is one of the lesser performing stocks in the Insurance industry. 90% of 143 stocks in the same industry do better.
AAME is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AAME is lagging the market.
In the last month AAME has a been trading in the 1.40 - 1.72 range, which is quite wide. It is currently trading near the lows of this range.
Warning: AAME has an average volume of 4738 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ATLANTIC AMERICAN CORP / AAME Weekly stock chart
ATLANTIC AMERICAN CORP / AAME Daily stock chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

1.41

1.77

2 important support areas can be observed.

  • Support @1.46 from a horizontal line in the daily time frame.
  • A support zone ranging from 1.42 to 1.43. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 4 important resistance areas.

  • A resistance zone ranging from 1.56 to 1.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 1.61 to 1.61. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 1.67 to 1.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @1.75 from a horizontal line in the daily time frame.
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
CRS15.3
Mansfield-1.78
10 Day High1.66
10 Day Low1.4
20 Day High1.72
20 Day Low1.4
52 Week High3
52 Week Low1.26
Performance
1 Week-5.73%
2 Weeks-7.5%
1 Month-12.43%
3 Month-4.33%
6 Month-11.38%
12 Month-47.7%
2 Year-39.61%
3 Year-52.72%
5 Year-29.86%
10 Year-63.28%
15 Year0%
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)37.67
LBB1.5
UBB1.66
ATLANTIC AMERICAN CORP / AAME Daily stock chart

ATLANTIC AMERICAN CORP

NASDAQ:AAME (3/3/2025, 8:10:16 PM)

1.48

-0.06 (-3.9%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-3.9%
1 Week-5.73%
2 Weeks-7.5%
1 Month-12.43%
3 Month-4.33%
6 Month-11.38%
12 Month-47.7%
2 Year-39.61%
3 Year-52.72%
5 Year-29.86%
10 Year-63.28%
15 Year0%
Volatility
ATR(14)0.06
ATR(20)%5.03%
ATR Inc18.51%
Range Today0.1
ADR(20)0.06
ADR(20)%4.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.3
Mansfield-1.78
10 Day High1.66
10 Day Low1.4
20 Day High1.72
20 Day Low1.4
52 Week High3
52 Week Low1.26
CS1 End1.46
CR1 Start1.56
Volume & EV
DER(3)-7.38%
DER(5)-3.26%
Volume2.40K
Volume Incr-53.79%
Vol(5)2.56K
Vol(50)4.74K