AMERICAN SOFTWARE INC-CL A (AMSWA)
US0296831094 - Common Stock
Overall AMSWA gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AMSWA is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month AMSWA has a been trading in the 10.00 - 11.97 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When compared to the yearly performance of all other stocks, AMSWA outperforms 52% of them, which is more or less in line with the market.
AMSWA is part of the Software industry. There are 284 other stocks in this industry, AMSWA did better than 59% of them.
AMSWA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AMSWA is lagging the market.
Besides having an excellent technical rating, AMSWA also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 10.92, a Stop Loss order could be placed below this zone.
More info and screens
9.88
11.98
When analyzing the support we can see 2 important areas.
- A support zone ranging from 10.74 to 10.92. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 9.98 to 10.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 10.92 to 10.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 11.33 to 11.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 11.71 to 11.86. 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
CRS52.95
Mansfield-0.91
10 Day High11.17
10 Day Low10.71
20 Day High11.97
20 Day Low10
52 Week High12.27
52 Week Low8.41
Performance
1 Week-0.18%
2 Weeks-2.59%
1 Month8.23%
3 Month25.23%
6 Month-4.96%
12 Month-6.27%
2 Year-28.72%
3 Year-54.02%
5 Year-27.3%
10 Year23.81%
15 Year68%
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)-0.05
RSI(14)54.43
LBB10.62
UBB11.41
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 |
|---|---|---|---|
| 10.99 | 10.73 | 0.26 (2.37%) | 25.00% |
| An entry @10.99. This is a Buy Stop order right above the resistance zone. | An exit @10.73. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.26 points, which is 2.37%. | For a 0.59% 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 AMSWA. 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.
AMERICAN SOFTWARE INC-CL A
NASDAQ:AMSWA (9/17/2024, 8:00:00 PM)
After market: 10.92 0 (0%)10.92
-0.07 (-0.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.64%
1 Week-0.18%
2 Weeks-2.59%
1 Month8.23%
3 Month25.23%
6 Month-4.96%
12 Month-6.27%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.23
ATR(20)%2.93%
ATR Inc
Range Today0.29
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High11.17
10 Day Low10.71
20 Day High11.97
20 Day Low10
52 Week High12.27
52 Week Low8.41
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume233.00K
Volume Incr-32.74%
Vol(5)178.46K
Vol(50)248.74K