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Downtrend Broken Resist.Archive - 10/23/2026 - Sign In to see current Signals. |
American Tower Corp. (AMT) Technical Analysis
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| Summary:
| | Weekly :    | | Daily :   Move cursor over the icon to see details.
| | It was a third positive week after 3 consecutive negative weeks for the American Tower Corp. (AMT). During the week, the AMT gained 3.70 points, or 2.00%, and closed at 188.97 on Friday, October 23, 2026. Weekly volume was 40% above average. AMT is a member of Real Estate Sector. Real Estate is the most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See AMT long-term trend chart] A long-term downtrend had started on July 24, 2025 at 234.33 and reached 160.06 on July 6, 2026. AMT lost 74.27 points, or 31.69%, in 49 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (154.39) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. AMT may retest the broken resistance line. It is considered to be a support 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 resistance line in a long-term trend.
Medium-term trend: [See AMT medium-term trend chart] A medium-term uptrend had started on July 6, 2026 at 160.06 and reached 202.50 on October 23, 2026. AMT gained -42.44 points, or -26.52%, in 15 weeks. The chart has formed a Rectangle chart pattern. The uptrend resistance line (160.43) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 resistance line in a medium-term trend.
Weekly Technical Indicators: [See AMT weekly technical indicators chart] Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. 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 Williams' Percentage Range help. The weekly MACD line is above its signal line since October 9, 2026. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See AMT short-term trend chart] A short-term uptrend had started on October 5, 2026 at 160.30 and reached 202.50 on October 23, 2026. AMT gained -42.20 points, or -26.33%, in 18 days. The price is now at the 32.06% retracement level.
Daily Technical Indicators: [See AMT daily technical indicators chart] Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Daily Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following link to access Lane's Stochastic help. The daily MACD line is above its signal line since October 8, 2026. This is an indication that the short-term trend is up.
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