Amalgamated Bank Stock Technical Analysis

AMAL Stock  USD 24.99  0.07  0.28%   
As of the 8th of June, Amalgamated Bank shows the mean deviation of 1.23, and Risk Adjusted Performance of 0.0478. Amalgamated Bank technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Amalgamated Bank information ratio, and the relationship between the downside deviation and value at risk to decide if Amalgamated Bank is priced correctly, providing market reflects its regular price of 24.99 per share. Given that Amalgamated Bank has jensen alpha of 0.0883, we suggest you to validate Amalgamated Bank's prevailing market performance to make sure the company can sustain itself at a future point.

Amalgamated Bank Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Amalgamated, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Amalgamated
  
Amalgamated Bank's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Amalgamated Bank Analyst Consensus

Target PriceAdvice# of Analysts
22.67Buy3Odds
Amalgamated Bank current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Amalgamated analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Amalgamated stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Amalgamated Bank, talking to its executives and customers, or listening to Amalgamated conference calls.
Amalgamated Analyst Advice Details
Amalgamated Bank technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Amalgamated Bank technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Amalgamated Bank trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Amalgamated Bank Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Amalgamated Bank volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Amalgamated Bank Trend Analysis

Use this graph to draw trend lines for Amalgamated Bank. You can use it to identify possible trend reversals for Amalgamated Bank as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Amalgamated Bank price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Amalgamated Bank Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Amalgamated Bank applied against its price change over selected period. The best fit line has a slop of   0.05  , which means Amalgamated Bank will continue generating value for investors. It has 122 observation points and a regression sum of squares at 112.65, which is the sum of squared deviations for the predicted Amalgamated Bank price change compared to its average price change.

About Amalgamated Bank Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Amalgamated Bank on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Amalgamated Bank based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Amalgamated Bank price pattern first instead of the macroeconomic environment surrounding Amalgamated Bank. By analyzing Amalgamated Bank's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Amalgamated Bank's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Amalgamated Bank specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.01910.01580.0150.0104
Price To Sales Ratio2.582.662.153.19

Amalgamated Bank June 8, 2024 Technical Indicators

Most technical analysis of Amalgamated help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Amalgamated from various momentum indicators to cycle indicators. When you analyze Amalgamated charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Amalgamated Bank June 8, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Amalgamated stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Additional Information and Resources on Investing in Amalgamated Stock

When determining whether Amalgamated Bank is a strong investment it is important to analyze Amalgamated Bank's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Amalgamated Bank's future performance. For an informed investment choice regarding Amalgamated Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amalgamated Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Amalgamated Stock please use our How to buy in Amalgamated Stock guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Amalgamated Bank. If investors know Amalgamated will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Amalgamated Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.29
Dividend Share
0.4
Earnings Share
3.06
Revenue Per Share
9.303
Quarterly Revenue Growth
0.135
The market value of Amalgamated Bank is measured differently than its book value, which is the value of Amalgamated that is recorded on the company's balance sheet. Investors also form their own opinion of Amalgamated Bank's value that differs from its market value or its book value, called intrinsic value, which is Amalgamated Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Amalgamated Bank's market value can be influenced by many factors that don't directly affect Amalgamated Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Amalgamated Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amalgamated Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amalgamated Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.