AMES NATIONAL CORP. - Daily - Technical analysis published on 09/20/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
50%
11%
39%
My opinion
Bullish above 26.79 USD
My targets
27.74 USD (+0.84%)
28.25 USD (+2.69%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AMES NATIONAL CORP. as long as the price remains well above 26.79 USD. The buyers” bullish objective is set at 27.74 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 28.25 USD. If there is any crossing, the next objective would be the resistance located at 28.70 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
FORCE
0
10
7
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AMES NATIONAL CORP. rating is 27.51 USD. The price registered a decrease of -0.47% on the session and was traded between 27.46 USD and 28.31 USD over the period. The price is currently at +0.18% from its lowest and -2.83% from its highest.27.46
28.31
27.51
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of AMES NATIONAL CORP. indicates that the overall trend is strongly bullish. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a slightly bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 24.91 | 26.03 | 26.79 | 27.51 | 27.74 | 28.25 | 28.70 |
| Change (%) | -9.45% | -5.38% | -2.62% | - | +0.84% | +2.69% | +4.33% |
| Change | -2.60 | -1.48 | -0.72 | - | +0.23 | +0.74 | +1.19 |
| Level | Major | Intermediate | Major | - | Intermediate | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 27.23 | 27.62 | 28.22 | 28.61 | 29.21 | 29.60 | 30.20 |
| Camarilla | 28.56 | 28.65 | 28.74 | 28.83 | 28.92 | 29.01 | 29.10 |
| Woodie | 27.35 | 27.67 | 28.34 | 28.66 | 29.33 | 29.65 | 30.32 |
| Fibonacci | 27.62 | 28.00 | 28.23 | 28.61 | 28.99 | 29.22 | 29.60 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 25.36 | 25.95 | 27.12 | 27.71 | 28.88 | 29.47 | 30.64 |
| Camarilla | 27.81 | 27.97 | 28.13 | 28.29 | 28.45 | 28.61 | 28.77 |
| Woodie | 25.65 | 26.10 | 27.41 | 27.86 | 29.17 | 29.62 | 30.93 |
| Fibonacci | 25.95 | 26.62 | 27.04 | 27.71 | 28.38 | 28.80 | 29.47 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 23.01 | 24.25 | 25.36 | 26.61 | 27.72 | 28.96 | 30.07 |
| Camarilla | 25.82 | 26.04 | 26.25 | 26.47 | 26.69 | 26.90 | 27.12 |
| Woodie | 22.94 | 24.22 | 25.29 | 26.57 | 27.65 | 28.93 | 30.00 |
| Fibonacci | 24.25 | 25.15 | 25.71 | 26.61 | 27.51 | 28.06 | 28.96 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 53.89 | |
| MACD (12,26,9): | 0.4300 | |
| Directional Movement: | 15.05 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 27.87 | |
| Parabolic SAR (0,02-0,02-0,2): | 27.54 | |
| Elder Ray (13): | 0.68 | |
| Super Trend (3,10): | 26.52 | |
| Zig ZAG (10): | 27.64 | |
| VORTEX (21): | 1.0900 | |
| Stochastique (14,3,5): | 77.27 | |
| TEMA (21): | 28.24 | |
| Williams %R (14): | -45.79 | |
| Chande Momentum Oscillator (20): | 1.47 | |
| Repulse (5,40,3): | -3.5100 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1500 | |
| Courbe Coppock: | 11.06 |
| MA7: | 28.09 | |
| MA20: | 27.13 | |
| MA50: | 26.92 | |
| MA100: | 26.98 | |
| MAexp7: | 27.94 | |
| MAexp20: | 27.39 | |
| MAexp50: | 27.04 | |
| MAexp100: | 26.95 | |
| Price / MA7: | -2.06% | |
| Price / MA20: | +1.40% | |
| Price / MA50: | +2.19% | |
| Price / MA100: | +1.96% | |
| Price / MAexp7: | -1.54% | |
| Price / MAexp20: | +0.44% | |
| Price / MAexp50: | +1.74% | |
| Price / MAexp100: | +2.08% |
News
The last news published on AMES NATIONAL CORP. at the time of the generation of this analysis was as follows:
Ames NationalThis member declared not having a position on this financial instrument or a related financial instrument.
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