ALTUS POWER INC (AMPS) Stock Technical Analysis
NYSE:AMPS - New York Stock Exchange, Inc. - US02217A1025 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to AMPS. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AMPS is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
AMPS is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
AMPS has an average volume of 3292000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, AMPS outperforms 48% of them, which is more or less in line with the market.
AMPS is an average performer in the Independent Power and Renewable Electricity Producers industry, it outperforms 50% of 19 stocks in the same industry.
AMPS is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month AMPS has a been trading in a tight range between 4.86 and 4.96.
Besides having an excellent technical rating, AMPS also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 4.95. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.93, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
3.41
5.00
3 important support areas can be observed.
- A support zone ranging from 4.89 to 4.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.56 from a trend line in the daily time frame.
- Support @3.44 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 4.95 to 4.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.84
Mansfield2.1
10 Day High4.96
10 Day Low4.88
20 Day High4.96
20 Day Low4.86
52 Week High6.76
52 Week Low2.71
Performance
1 Week0.2%
2 Weeks0.82%
1 Month1.44%
3 Month23.5%
6 Month59.35%
12 Month-25.38%
2 Year-9.85%
3 Year-33.51%
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)-0.03
RSI(14)67.49
LBB4.9
UBB4.95
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 4.96 | 4.88 | 0.08 (1.61%) | 25.00% |
| An entry @4.96. This is a Buy Stop order right above the resistance zone. | An exit @4.88. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.08 points, which is 1.61%. | For a 0.40% total portfolio risk, you can invest 25.00% 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.
4.94
+0.02 (+0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg0.41%
1 Week0.2%
2 Weeks0.82%
1 Month1.44%
3 Month23.5%
6 Month59.35%
12 Month-25.38%
2 Year-9.85%
3 Year-33.51%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%0.6%
ATR Inc-2.15%
Range Today0.04
ADR(20)0.03
ADR(20)%0.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.84
Mansfield2.1
10 Day High4.96
10 Day Low4.88
20 Day High4.96
20 Day Low4.86
52 Week High6.76
52 Week Low2.71
CS1 End4.93
CR1 Start4.95
Volume & EV
DER(3)0.14%
DER(5)1.15%
Volume1.31M
Volume Incr-69.02%
Vol(5)1.92M
Vol(50)3.29M