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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.

Showing technical analysis as on 2024-01-30 View latest technical analysis

10 day averaged volume of Alta Mesa is 216050

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Jan 2024	403.38	391.25	403.64	386.01	0.692 times
29 Mon Jan 2024	395.54	385.02	396.90	380.93	0.507 times
26 Fri Jan 2024	386.05	378.54	387.35	376.02	0.474 times
25 Thu Jan 2024	378.54	398.95	398.95	374.06	1.072 times
24 Wed Jan 2024	389.35	404.91	407.63	389.21	0.869 times
23 Tue Jan 2024	400.93	408.63	408.63	397.74	0.796 times
22 Mon Jan 2024	406.78	402.43	408.74	392.02	1.026 times
19 Fri Jan 2024	402.46	398.18	403.52	388.17	1.825 times
18 Thu Jan 2024	396.53	382.00	398.74	377.04	1.562 times
17 Wed Jan 2024	377.43	353.75	378.84	351.27	0.928 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 396.6, but if it comes below 396.6, then a intra day sell could be more profitable.
If you take a sell trade below 396.6, then use 396.6 as stoploss and 378.8 as target. However if you take a buy trade in stock , then use 396.6 as stoploss and 418 as target.

Share price targets for Alta Mesa (AMR)

Target Type	Value
Downside Target	205.34
Downside Target	216.50
Downside Target	256.91
Downside Target	267.60
Downside Target	279.95
Downside Target	333.55
Downside Target	350.11
Downside Target	370.78
Downside Target	380.93
Downside Target	383.45
Upside Target	403.52
Upside Target	403.64
Upside Target	408.74

Intraday share price targets for Alta Mesa (AMR)

Target Type	Value
Downside Intraday Target	388.33
Downside Intraday Target	373.27
Upside Intraday Target	411.04
Upside Intraday Target	418.69
Downside Intraday Target	395.98

Weekly technical analysis of Alta Mesa (AMR)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Jan 2024	403.38	385.02	403.64	380.93	0.283 times
26 Fri Jan 2024	386.05	402.43	408.74	374.06	0.806 times
19 Fri Jan 2024	402.46	369.95	403.52	351.27	10.941 times
12 Fri Jan 2024	368.00	366.13	370.78	361.02	0.122 times
12 Fri Jan 2024	368.00	365.00	383.45	350.11	0.861 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
30 Tue Jan 2024	403.38	335.00	408.74	333.55	0.698 times
29 Fri Dec 2023	338.92	279.95	357.23	279.95	0.695 times
30 Thu Nov 2023	280.56	219.71	281.70	205.34	1.678 times
31 Tue Oct 2023	219.96	256.91	256.91	216.50	0.74 times

Scroll below to view daily charts

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)

Price action analysis of Alta Mesa ( (AMR) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Alta Mesa ( (AMR) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL signal for Alta Mesa in short term but the sell signal is initial and weak.

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 green color and prices are above the green 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 394.57 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.