AMALGAMATED FINANCIAL CORP (AMAL)

US0226711010 - Common Stock

35.55  +0.4 (+1.14%)

After market: 35.55 0 (0%)

Technical Rating and Analysis

10

Taking everything into account, AMAL scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, AMAL has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, AMAL did better than 90% of all other stocks. On top of that, AMAL also shows a nice and consistent pattern of rising prices.
AMAL is part of the Banks industry. There are 404 other stocks in this industry. AMAL outperforms 88% of them.
AMAL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AMAL is lagging the market slightly.
In the last month AMAL has a been trading in the 32.29 - 38.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
AMAL Weekly chart
AMAL Daily chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, AMAL also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.

Support and Resistance Analysis

29.23

35.91

We found 5 important support areas.

  • A support zone ranging from 34.62 to 34.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @34.07 from a trend line in the weekly time frame.
  • A support zone ranging from 32.43 to 33.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @30.72 from a horizontal line in the weekly time frame.
  • Support @29.53 from a trend line in the weekly 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
CRS90.49
Mansfield1.6
10 Day High37.66
10 Day Low33.58
20 Day High38.19
20 Day Low32.29
52 Week High38.19
52 Week Low20.39
Performance
1 Week-3.05%
2 Weeks-6.77%
1 Month4.62%
3 Month9.45%
6 Month40.51%
12 Month71.91%
2 Year33.3%
3 Year110.11%
5 Year85.93%
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)-0.11
RSI(14)55.36
LBB32.5
UBB38.4
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
37.6734.613.06 (8.12%)12.31%
An entry @37.67. This is a Buy Stop order right above the 10 day high.An exit @34.61. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 3.06 points, which is 8.12%.For a 1.00% total portfolio risk, you can invest 12.31% 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.
AMAL Daily chart

AMALGAMATED FINANCIAL CORP

NASDAQ:AMAL (11/20/2024, 8:06:26 PM)

After market: 35.55 0 (0%)

35.55

+0.4 (+1.14%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.14%
1 Week-3.05%
2 Weeks-6.77%
1 Month4.62%
3 Month9.45%
6 Month40.51%
12 Month71.91%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.43
ATR(20)%3.69%
ATR Inc
Range Today0.73
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 High37.66
10 Day Low33.58
20 Day High38.19
20 Day Low32.29
52 Week High38.19
52 Week Low20.39
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume189.10K
Volume Incr3.85%
Vol(5)237.44K
Vol(50)185.50K