AMBAC FINANCIAL GROUP INC (AMBC) Stock Technical Analysis
NYSE:AMBC - New York Stock Exchange, Inc. - US0231398845 - Common Stock - Currency: USD
Taking everything into account, AMBC scores 0 out of 10 in our technical rating. AMBC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
89% of all other stocks performed better in the past year than AMBC.
AMBC is one of the lesser performing stocks in the Insurance industry. 92% of 143 stocks in the same industry do better.
AMBC is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
AMBC has an average volume of 1342220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month AMBC has a been trading in the 6.33 - 8.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of AMBC 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
7.32
13.32
We found 1 important support area.
- A support zone ranging from 7.39 to 7.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 8.04 to 8.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 10.33 to 10.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.00 from a trend line in the daily time frame.
- Resistance @13.19 from a horizontal line 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
CRS11.09
Mansfield-2.93
10 Day High8.09
10 Day Low6.6
20 Day High8.87
20 Day Low6.33
52 Week High18.45
52 Week Low6.33
Performance
1 Week9.25%
2 Weeks22.6%
1 Month-7.17%
3 Month-30.95%
6 Month-28.37%
12 Month-45.26%
2 Year-49.66%
3 Year3.88%
5 Year-53.31%
10 Year-65.1%
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)0.21
RSI(14)53.42
LBB6.21
UBB8.22
8.03
+0.04 (+0.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.5%
1 Week9.25%
2 Weeks22.6%
1 Month-7.17%
3 Month-30.95%
6 Month-28.37%
12 Month-45.26%
2 Year-49.66%
3 Year3.88%
5 Year-53.31%
10 Year-65.1%
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%5.52%
ATR Inc-55.69%
Range Today0.12
ADR(20)0.43
ADR(20)%5.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.09
Mansfield-2.93
10 Day High8.09
10 Day Low6.6
20 Day High8.87
20 Day Low6.33
52 Week High18.45
52 Week Low6.33
CS1 End7.51
CR1 Start8.04
Volume & EV
DER(3)-2.53%
DER(5)0.64%
Volume643.30K
Volume Incr-36.29%
Vol(5)762.49K
Vol(50)1.34M