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Electrical Components & Equipment Industry Stocks Technical Analysis - AMEArchive - 3/21/2025 - Sign In to see current Signals. |
Ametek (AME) Technical Analysis
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| Summary:
| | Weekly : | | Daily :   Move cursor over the icon to see details.
| | It was the negative week for the Ametek (AME). During the week, the AME gave back -1.60 points, or -0.91%, and closed at 174.50 on Friday, March 21, 2025. Weekly volume was -15% below average.
Long-term trend: [See AME long-term trend chart] A long-term uptrend had started on June 17, 2022 at 106.20 and reached 198.30 on November 25, 2024. AME gained -92.10 points, or -86.72%, in 127 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 156.19 and resistance is at 220.31. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See AME medium-term trend chart] A medium-term uptrend had started on August 5, 2024 at 149.03 and reached 198.30 on November 25, 2024. AME gained -49.27 points, or -33.06%, in 16 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (184.81) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. AME may retest the broken support line. It is considered to be a resistance line now. 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 medium-term trend.
Weekly Technical Indicators: [See AME weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since January 3, 2025. Use the following link to access a MACD help.
Short-term trend: [See AME short-term trend chart] A short-term downtrend had started on March 3, 2025 at 191.80 and reached 172.40 on March 13, 2025. AME lost 19.40 points, or 10.11%, in 10 days. The price is now at the 10.82% retracement level.
Daily Technical Indicators: [See AME daily technical indicators chart] Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. 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 links to access Lane's Stochastic and Williams' Percentage Range help. The daily MACD line is below its signal line since March 3, 2025. This is an indication that the short-term trend is down. During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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