AMNEAL PHARMACEUTICALS INC (AMRX) Stock Technical Analysis
NASDAQ:AMRX - Nasdaq - US03168L1052 - Common Stock - Currency: USD
Overall AMRX gets a technical rating of 1 out of 10. AMRX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
AMRX is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
AMRX is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 81% of 198 stocks in the same industry.
AMRX has an average volume of 1855330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, AMRX did better than 78% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
AMRX is currently trading in the middle of its 52 week range. The S&P500 Index is currently trading in the lower part of its 52 week range, so AMRX is still doing slightly better than the market.
The technical rating of AMRX 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
6.89
9.34
We found 1 important support area.
- A support zone ranging from 6.96 to 6.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 7.37 to 7.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 8.73 to 8.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.25 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
CRS78.86
Mansfield0.02
10 Day High7.51
10 Day Low6.68
20 Day High8.95
20 Day Low6.68
52 Week High9.48
52 Week Low5.81
Performance
1 Week2.15%
2 Weeks-3.39%
1 Month-17.67%
3 Month-17.86%
6 Month-15.12%
12 Month21.47%
2 Year269.43%
3 Year84.72%
5 Year96.42%
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)37.2
LBB6.58
UBB8.17
7.13
-0.23 (-3.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-3.13%
1 Week2.15%
2 Weeks-3.39%
1 Month-17.67%
3 Month-17.86%
6 Month-15.12%
12 Month21.47%
2 Year269.43%
3 Year84.72%
5 Year96.42%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%5.48%
ATR Inc-9.3%
Range Today0.27
ADR(20)0.36
ADR(20)%5.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.86
Mansfield0.02
10 Day High7.51
10 Day Low6.68
20 Day High8.95
20 Day Low6.68
52 Week High9.48
52 Week Low5.81
CS1 End6.97
CR1 Start7.37
Volume & EV
DER(3)2.63%
DER(5)1.06%
Volume1.07M
Volume Incr-5.58%
Vol(5)1.84M
Vol(50)1.86M