AMNEAL PHARMACEUTICALS INC (AMRX) Stock Technical Analysis
NASDAQ:AMRX - Nasdaq - US03168L1052 - Common Stock - Currency: USD
Overall AMRX gets a technical rating of 10 out of 10. AMRX has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Looking at the yearly performance, AMRX did better than 94% of all other stocks. On top of that, AMRX also shows a nice and consistent pattern of rising prices.
AMRX is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 92% of 192 stocks in the same industry.
AMRX is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so AMRX slightly outperforms the market at the moment.
In the last month AMRX has a been trading in the 7.61 - 9.16 range, which is quite wide. It is currently trading near the high of this range.
AMRX has an average volume of 1359580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, AMRX also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
7.60
9.00
When analyzing the support we can see 2 important areas.
- A support zone ranging from 8.19 to 8.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.68 to 7.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @8.91 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.28
Mansfield1.51
10 Day High9.16
10 Day Low7.61
20 Day High9.16
20 Day Low7.61
52 Week High9.48
52 Week Low5.18
Performance
1 Week2.65%
2 Weeks13.67%
1 Month11.67%
3 Month5.33%
6 Month6.08%
12 Month65.12%
2 Year540.29%
3 Year113.43%
5 Year155.75%
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)0.09
RSI(14)64.95
LBB7.59
UBB9.25
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 |
|---|---|---|---|
| 8.92 | 8.18 | 0.74 (8.30%) | 12.05% |
| An entry @8.92. This is a Buy Stop order right above the resistance zone. | An exit @8.18. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.74 points, which is 8.30%. | For a 1.00% total portfolio risk, you can invest 12.05% 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.
8.9
+0.14 (+1.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg1.6%
1 Week2.65%
2 Weeks13.67%
1 Month11.67%
3 Month5.33%
6 Month6.08%
12 Month65.12%
2 Year540.29%
3 Year113.43%
5 Year155.75%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%4.1%
ATR Inc-0.71%
Range Today0.43
ADR(20)0.34
ADR(20)%3.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.28
Mansfield1.51
10 Day High9.16
10 Day Low7.61
20 Day High9.16
20 Day Low7.61
52 Week High9.48
52 Week Low5.18
CS1 End8.25
CR1 Start8.91
Volume & EV
DER(3)-0.89%
DER(5)-1.11%
Volume2.27M
Volume Incr54.92%
Vol(5)2.29M
Vol(50)1.36M