AMERICAN TOWER CORP (AMT) Stock Technical Analysis
NYSE:AMT - New York Stock Exchange, Inc. - US03027X1000 - REIT - Currency: USD
Taking everything into account, AMT scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. AMT was also a bad performer in the overall market in the last year.
67% of all other stocks performed better in the past year than AMT.
AMT is one of the lesser performing stocks in the Specialized REITs industry. 60% of 29 stocks in the same industry do better.
AMT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
AMT 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.
AMT has an average volume of 2317300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Although the technical rating is bad, AMT does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 191.56. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 190.31, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
169.59
195.36
We found 2 important support areas.
- A support zone ranging from 187.17 to 190.31. 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 171.30 to 174.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 191.56 to 193.43. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS33.5
Mansfield-1.19
10 Day High193.55
10 Day Low186.69
20 Day High193.55
20 Day Low182.14
52 Week High243.56
52 Week Low170.46
Performance
1 Week0.82%
2 Weeks0.95%
1 Month2.77%
3 Month-6.25%
6 Month-15.62%
12 Month0.85%
2 Year-3.26%
3 Year-15.57%
5 Year-15.54%
10 Year93.21%
15 Year349.02%
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)0.46
RSI(14)55.39
LBB184.52
UBB194.02
191.55
-0.83 (-0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustrySpecialized REITs
Performance
% Chg-0.43%
1 Week0.82%
2 Weeks0.95%
1 Month2.77%
3 Month-6.25%
6 Month-15.62%
12 Month0.85%
2 Year-3.26%
3 Year-15.57%
5 Year-15.54%
10 Year93.21%
15 Year349.02%
Volatility
ATR(14)3.65
ATR(20)%2.05%
ATR Inc18.82%
Range Today2.47
ADR(20)3.51
ADR(20)%1.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.5
Mansfield-1.19
10 Day High193.55
10 Day Low186.69
20 Day High193.55
20 Day Low182.14
52 Week High243.56
52 Week Low170.46
CS1 End190.31
CR1 Start191.56
Volume & EV
DER(3)1.27%
DER(5)1.25%
Volume3.30M
Volume Incr27.91%
Vol(5)2.54M
Vol(50)2.32M