Atlantic American Technical Analysis (NASDAQ:AAME)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. Just by looking at the Atlantic American stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the AAME stock chart which creates a trading signal.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Atlantic American. The technical analysis form of Atlantic American stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Atlantic American Moving Average
Moving averages show the AAME stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Atlantic American are mostly signals of long term trends and will help long term traders.
Atlantic American Bollinger Bands
Bollinger bands comprise of a center line usually AAME SMA, and two AAME stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. The stock price is trading between the average and the lower band in the context of Atlantic American bollinger bands.
Atlantic American Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Atlantic American MACD indicator can be used to identify bullish and bearish trends for the stock.
Atlantic American Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. The relative strength index of AAME stock is 36.36.