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(AMR) Alta Mesa complete technical analysis [charts+indicators] | Buy/Sell Alta Mesa | (AMR) share price targets

Complete technical analysis of Alta Mesa (AMR) by charts plus indicators, forecast predictions and share price targets for Alta Mesa (AMR)

Alta Mesa trades in USA in Energy sector.

10 day averaged volume of Alta Mesa is 156630

Date Daily Closing Price Open High Low Volume
25 Mon Nov 2024 248.72 246.22 250.08 242.93 1.164 times
22 Fri Nov 2024 245.46 249.69 250.61 241.71 1.078 times
21 Thu Nov 2024 251.73 245.00 253.43 242.10 1.193 times
20 Wed Nov 2024 243.36 241.69 247.63 240.11 0.721 times
19 Tue Nov 2024 241.33 237.89 242.97 235.01 1.047 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 246.9, but if it comes below 246.9, then a intra day sell could be more profitable.
If you take a sell trade below 246.9, then use 246.9 as stoploss and 232 as target. However if you take a buy trade in stock , then use 246.9 as stoploss and 264.9 as target.

Share price targets for Alta Mesa (AMR)

Target Type Value
Downside Target 185.00
Downside Target 194.83
Downside Target 200.00
Downside Target 214.99
Downside Target 221.68
Downside Target 231.20
Upside Target 250.08
Upside Target 251.98
Upside Target 253.43
Upside Target 286.81
Upside Target 297.53
Upside Target 334.72

Intraday share price targets for Alta Mesa (AMR)

Target Type Value
Downside Intraday Target 244.41
Downside Intraday Target 240.09
Upside Intraday Target 251.56
Upside Intraday Target 254.39
Downside Intraday Target 247.24

Weekly technical analysis of Alta Mesa (AMR)

Date Weekly Closing Price Open High Low Volume
25 Mon Nov 2024 248.72 246.22 250.08 242.93 0.226 times
22 Fri Nov 2024 245.46 239.21 253.43 235.01 1.026 times
15 Fri Nov 2024 235.17 236.21 243.08 231.20 0.656 times
08 Fri Nov 2024 236.67 205.95 242.23 202.71 1.615 times
01 Fri Nov 2024 202.60 206.01 214.99 200.00 0.96 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Alta Mesa (AMR)

Date Monthly Closing Price Open High Low Volume
25 Mon Nov 2024 248.72 204.00 253.43 200.00 0.925 times
31 Thu Oct 2024 208.30 235.62 238.82 194.83 0.617 times
30 Mon Sep 2024 236.18 232.50 251.98 185.00 1.069 times
30 Fri Aug 2024 239.15 297.53 297.53 221.68 1.501 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Alta Mesa (AMR)

Indicator Name Indicator Value Indicator Signal
ADX 26, 10, 45 Buy
MACD 12, 9Buy
Stochastics 79Buy
CCI 93Buy
RSI 60Buy
OBV 641500Sell
VWAP 242Buy
ADL 0Sell
ROC 4Buy
Force Index 0Sell

Price action analysis of Alta Mesa ( (AMR) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Alta Mesa ( (AMR) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Alta Mesa ( (AMR) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Alta Mesa ( (AMR) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Alta Mesa stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Alta Mesa in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Alta Mesa Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Alta Mesa in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Alta Mesa is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 242.28 and Alta Mesa (AMR) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Alta Mesa (AMR) stock. Volume based technical analysis of Alta Mesa (AMR) stock is negative.

Alta Mesa Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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