Apollo Residential Mortgage Technical Analysis (NYSE:AMTG)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The AMTG stock chart pattern can give those who understand technical analysis an indication of which way AMTG stock is headed, but cannot predict with 100% certainty as to what can happen to the Apollo Residential Mortgage stock price.
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 Apollo Residential Mortgage. Technical analysis uses an approach for Apollo Residential Mortgage stock analysis that does not care for the fair value of a company but uses price and volume data only.
Apollo Residential Mortgage Moving Average
Moving averages show the AMTG 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. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $13.63 is below the price of $13.64.
Apollo Residential Mortgage Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the AMTG stock. Currently the stock price of $13.64 is in the upper range of Apollo Residential Mortgage bollinger bands.
Apollo Residential Mortgage Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Apollo Residential Mortgage MACD indicator is below 0 indicating a bearish trend.
Apollo Residential Mortgage Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . If the RSI of AMTG stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.