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Electrical Components & Equipment Industry Stocks Technical Analysis - AME

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- 3/21/2025 -
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Ametek (AME) Technical Analysis

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Summary:
Weekly :Broken trend support line
Daily :20 Day Moving Average has crossed below the 50 Day Moving AverageWilliams' Percentage Range is oversoldStochastic signal line moved above oversold area
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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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 29.07
Williams' Percentage Range (W%R) 89.70
Oversold
Lane's Stochastic (%D-Slow) 33.87
Greed/Fear Indicator (GFI) 24.41
Moving Average Converg./Diverg. (MACD) -1.86
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 36.19
Williams' Percentage Range (W%R) 73.30
Lane's Stochastic (%D-Slow) 49.58
Greed/Fear Indicator (GFI) 40.58
Moving Average Converg./Diverg. (MACD) 3.21
Trading Signals
Description Value Chart
Monthly Trendline Resistance 190.38
Upper Bollinger Band 189.89
Monthly Trendline Support 184.81
50 Day Moving Average 182.73
20 Day Moving Average 181.33
Weekly Stochastic Crossing 180.99
Parabolic System 176.75
Daily Stochastic Crossing 175.26
Price 174.50
Lower Bollinger Band 169.86
Quarterly Trendline Support 156.19
Sector and Industry
Description Name Rank
Sector Industrials 3
Industry Electrical Components & Equipment 31
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 191.80
High Date 03/03/2025
Low 172.40
Low Date 03/13/2025
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 198.30
High Date 11/25/2024
Low 172.40
Low Date 03/13/2025
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Support
Resistance 190.38
Support 184.81
Low 149.03
Low Date 08/05/2024
High 198.30
High Date 11/25/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 220.31
Support 156.19
Low 106.20
Low Date 06/17/2022
High 198.30
High Date 11/25/2024
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 2.30
Low Date 03/14/2000
High 198.30
High Date 11/25/2024
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.