Sign In to see current Signals.
Affiliated Managers Group Inc
Move cursor over the icon to see details.
|It was a first positive week for the Affiliated Managers Group Inc (AMG). During the week, the AMG gained 3.04 points, or 1.88%, and closed at 164.76 on Friday, May 11, 2018. It was the best weekly gain since March 29, 2018. Weekly volume was -25% below average. |
Long-term trend: [See AMG long-term trend chart]
A long-term downtrend had started on April 29, 2015 at 230.63 and reached 115.97 on February 11, 2016. AMG lost 114.66 points, or 49.72%, in 41 weeks. The chart has formed a Falling Pennant chart pattern. The price is near the trend resistance line (75.86). The resistance is usually stronger when technical indicators are overbought. 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 resistance line in a long-term trend.
Medium-term trend: [See AMG medium-term trend chart]
A medium-term uptrend had started on November 8, 2016 at 130.48 and reached 216.99 on January 26, 2018. AMG gained -86.51 points, or -66.30%, in 63 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (194.35) 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 medium-term trend.
Weekly Technical Indicators: [See AMG weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range and Lane's Stochastic. 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 weekly MACD line is below its signal line since February 2, 2018. The distance between MACD and the signal line is near its high, but getting smaller. Use the following link to access a MACD help.
Short-term trend: [See AMG short-term trend chart]
A short-term downtrend had started on March 12, 2018 at 197.03 and reached 156.19 on May 3, 2018. AMG lost 40.84 points, or 20.73%, in 52 days. The chart has formed a Broadening Descending Wedge chart pattern.
Daily Technical Indicators: [See AMG daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
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.