INFRACAP MLP ETF (AMZA) Stock Technical Analysis
NYSEARCA:AMZA - NYSE Arca - US26923G7723 - ETF - Currency: USD
Taking everything into account, AMZA scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AMZA is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that AMZA is one of the better performing stocks in the market, outperforming 79% of all stocks. On top of that, AMZA also shows a nice and consistent pattern of rising prices.
AMZA 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 AMZA is lagging the market slightly.
In the last month AMZA has a been trading in the 45.52 - 48.98 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.
AMZA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
38.15
49.20
We found 5 important support areas.
- Support @46.72 from a horizontal line in the daily time frame.
- A support zone ranging from 44.03 to 44.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 41.17 to 41.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 39.44 to 39.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @38.54 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 47.46 to 48.71. 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
CRS79.74
Mansfield0.54
10 Day High48.98
10 Day Low46.5
20 Day High48.98
20 Day Low45.52
52 Week High48.98
52 Week Low37.57
Performance
1 Week0.71%
2 Weeks-0.72%
1 Month-0.97%
3 Month4.39%
6 Month17.07%
12 Month20.82%
2 Year45.54%
3 Year57.79%
5 Year53.05%
10 Year-78.81%
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)-0.11
RSI(14)51.9
LBB46.65
UBB49.03
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 |
|---|---|---|---|
| 48.72 | 46.71 | 2.01 (4.13%) | 24.24% |
| An entry @48.72. This is a Buy Stop order right above the resistance zone. | An exit @46.71. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.01 points, which is 4.13%. | When investing 24.24% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
47.4466
-1 (-2.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.07%
1 Week0.71%
2 Weeks-0.72%
1 Month-0.97%
3 Month4.39%
6 Month17.07%
12 Month20.82%
2 Year45.54%
3 Year57.79%
5 Year53.05%
10 Year-78.81%
15 YearN/A
Volatility
ATR(14)1.1
ATR(20)%2.41%
ATR Inc15.21%
Range Today1.17
ADR(20)1.03
ADR(20)%2.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.74
Mansfield0.54
10 Day High48.98
10 Day Low46.5
20 Day High48.98
20 Day Low45.52
52 Week High48.98
52 Week Low37.57
CS1 End46.72
CR1 Start47.46
Volume & EV
DER(3)2.13%
DER(5)-0.55%
Volume21.30K
Volume Incr-14.44%
Vol(5)38.06K
Vol(50)36.72K