Sign In to see current Signals.
American Tower Corp.
Move cursor over the icon to see details.
|It was the negative week for the American Tower Corp. (AMT). During the week, the AMT gave back -0.55 points, or -0.38%, and closed at 144.75 on Friday, October 05, 2018. Weekly volume was -34% below average. |
Long-term trend: [See AMT long-term trend chart]
A long-term uptrend had started on February 11, 2016 at 83.07 and reached 155.28 on November 8, 2017. AMT gained -72.21 points, or -86.93%, in 90 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (151.39) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
Medium-term trend: [See AMT medium-term trend chart]
A medium-term uptrend had started on February 9, 2018 at 130.37 and reached 151.92 on August 20, 2018. AMT gained -21.55 points, or -16.53%, in 27 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 140.21 and resistance is at 152.46. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See AMT weekly technical indicators chart]
Weekly technical indicators are neutral.
During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. Use the following link to access a MACD help.
Short-term trend: [See AMT short-term trend chart]
A short-term downtrend had started on August 20, 2018 at 151.92 and reached 142.36 on October 4, 2018. AMT lost 9.56 points, or 6.29%, in 45 days. The chart has formed a Falling Channel chart pattern. The price is near the trend support (144.40) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a short-term trend.
Daily Technical Indicators: [See AMT daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.
The daily MACD line is below its signal line since August 17, 2018. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.