AMERICAN SUPERCONDUCTOR CORP (AMSC) Stock Technical Analysis
USA - NASDAQ:AMSC - US0301112076 - Common Stock
56.29 USD
-4.34 (-7.16%)
56.3 USD
+0.01 (+0.02%)
Taking everything into account, AMSC scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month AMSC has a been trading in the 52.75 - 70.49 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
AMSC is one of the better performing stocks in the Electrical Equipment industry, it outperforms 70% of 92 stocks in the same industry.
AMSC 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 AMSC is lagging the market slightly.
AMSC has an average volume of 1113680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that AMSC is one of the better performing stocks in the market, outperforming 90% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
AMSC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
48.38
63.65
When analyzing the support we can see 2 important areas.
- A support zone ranging from 54.77 to 54.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @48.87 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @56.43 from a trend line in the daily time frame.
- A resistance zone ranging from 61.54 to 61.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @63.02 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for AMSC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AMSC is neutral. |
| ChartMill Relative Strength | 90.7 | POSITIVE | AMSC has a high relative strength, it outperformed 90.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AMSC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AMSC is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AMSC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.8 | NEUTRAL | The RSI value for AMSC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.39 | NEGATIVE | The MACD value suggests AMSC has a negative trend. |
| Stochastics (14,3) | 34.45 | NEUTRAL | The Stochastics value for AMSC is a neutral value. |
| Average True Range in percent/ATR (20) | 8.95 | HIGH VOLATILITY | The high ATR as a percentage value for AMSC suggests high volalility. |
| Average Directional Index/ADX (14) | 12.82 | NEGATIVE | The low ADX value for AMSC suggests a weak or negative trend. |
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)
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 |
|---|---|---|---|
| 56.44 | 54.76 | 1.68 (2.98%) | 25.00% |
| An entry @56.44. This is a Buy Stop order right above the resistance zone. | An exit @54.76. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.68 points, which is 2.98%. | For a 0.74% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of AMSC. Please evaluate whether better entry and exit points can be found.
- 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.
56.29
-4.34 (-7.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-7.16%
1 Week-2.71%
2 Weeks-5.01%
1 Month-0.46%
3 Month10.39%
6 Month160.6%
12 Month64.88%
2 Year495.03%
3 Year1397.07%
5 Year183.15%
10 Year1095.12%
15 Year-83.09%
Volatility
ATR(14)4.62
ATR(20)%8.95%
ATR Inc-21.49%
Range Today3.54
ADR(20)4.71
ADR(20)%8.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.7
3 months CRS78.91
6 months CRS97.29
Mansfield4.49
10 Day High64.72
10 Day Low52.75
20 Day High70.49
20 Day Low52.75
52 Week High70.49
52 Week Low13.98
CS1 End54.86
CR1 Start56.43
Volume & EV
DER(3)-1.89%
DER(5)-0.43%
Volume676.60K
Volume Incr-22.34%
Vol(5)867.42K
Vol(50)1.11M
AMERICAN SUPERCONDUCTOR CORP / AMSC FAQ
What is the ChartMill technical rating of AMERICAN SUPERCONDUCTOR CORP (AMSC) stock?
ChartMill assigns a technical rating of 7 / 10 to AMSC.
Can you provide the trend direction for AMERICAN SUPERCONDUCTOR CORP?
The current trend direction for AMERICAN SUPERCONDUCTOR CORP (AMSC) is Bullish.
What is the RSI signal for AMERICAN SUPERCONDUCTOR CORP (AMSC) stock?
AMERICAN SUPERCONDUCTOR CORP (AMSC) has an RSI value of 45.7974. This indicates that the stock is currently neutral.
What is the short term momentum for AMERICAN SUPERCONDUCTOR CORP (AMSC) stock?
The short term momentum for AMERICAN SUPERCONDUCTOR CORP (AMSC) is neutral.