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Electrical Components & Equipment Industry Stocks Technical Analysis - AME

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- 10/23/2026 -
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Ametek (AME) Technical Analysis

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Summary:
Weekly :Oversold sectorBroken trend support line
Daily :Williams' Percentage Range is oversoldPrice has crossed below the 50 Day Moving AverageBullish Meeting Lines CandlestickThe price has declined below the moving average in the center of the Bollinger Bands
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It was the negative week for the Ametek (AME). During the week, the AME dropped -8.14 points, or -3.28%, and closed at 240.03 on Friday, October 23, 2026. It was the worst weekly loss since August 21, 2026. AME was trading at average weekly trading volume.

AME is a member of Industrials Sector. Industrials is the second 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 AME long-term trend chart]
A long-term uptrend had started on June 17, 2022 at 106.20 and reached 261.16 on August 13, 2026. AME gained -154.96 points, or -145.91%, in 216 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 160.38 and resistance is at 250.73. 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 April 7, 2025 at 145.00 and reached 261.16 on August 13, 2026. AME gained -116.16 points, or -80.11%, in 70 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (251.64) 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 August 28, 2026. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.

Short-term trend: [See AME short-term trend chart]
A short-term uptrend had started on September 1, 2026 at 229.60 and reached 255.41 on October 6, 2026. AME gained -25.81 points, or -11.24%, in 35 days. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The trend support level is at 231.11 and resistance is at 264.87. Use the following link to access a Broadening Right-Angled, Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Ascending Wedge pattern in a short-term trend.

Daily Technical Indicators: [See AME daily technical indicators chart]
Daily Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold 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 daily MACD line is below its signal line since October 13, 2026.

During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

During the last week, the price has crossed below the 50 Day Moving Average. While the medium-term trend is up and daily technical indicators are oversold, the 50 Day Moving Average is considered a support level. 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.

Candlestick pattern: [See AME candlestick chart pattern]
On Friday the chart has formed a Bullish Meeting Lines Candlestick pattern. This pattern appears during a decline, and it is a sign that a potential bullish reversal is in play. The reliability of the Bullish Meeting Lines Candlestick pattern is medium. Use the Technical Stock Screener to see the list of stocks that had a Bullish Meeting Lines Candlestick pattern during the last week.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 32.16
Williams' Percentage Range (W%R) 91.70
Strong Oversold
Lane's Stochastic (%D-Slow) 45.40
Greed/Fear Indicator (GFI) 28.60
Moving Average Converg./Diverg. (MACD) 1.22
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 52.08
Williams' Percentage Range (W%R) 62.20
Lane's Stochastic (%D-Slow) 60.66
Greed/Fear Indicator (GFI) 49.47
Moving Average Converg./Diverg. (MACD) 6.49
Trading Signals
Description Value Chart
Monthly Trendline Resistance 274.54
Weekly Trendline Resistance 264.87
Upper Bollinger Band 253.26
Parabolic System 251.96
Monthly Trendline Support 251.64
Quarterly Trendline Resistance 250.73
20 Day Moving Average 248.46
Weekly Stochastic Crossing 245.75
50 Day Moving Average 243.69
Daily Stochastic Crossing 242.35
Price 240.03
Lower Bollinger Band 239.17
Weekly Trendline Support 231.11
Sector and Industry
Description Name Rank
Sector Industrials 2
Industry Electrical Components & Equipment 56
Daily Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
High 255.41
High Date 10/06/2026
Low 234.43
Low Date 10/22/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Broadening Right-Angled, Ascending Wedge
Status Valid
Resistance 264.87
Support 231.11
Low 229.60
Low Date 09/01/2026
High 255.41
High Date 10/06/2026
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Support
Resistance 274.54
Support 251.64
Low 145.00
Low Date 04/07/2025
High 261.16
High Date 08/13/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 250.73
Support 160.38
Low 106.20
Low Date 06/17/2022
High 261.16
High Date 08/13/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 2.30
Low Date 03/14/2000
High 261.16
High Date 08/13/2026
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.