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Ametek $AME Investment Analysis and Advice

Longer Term Trading Plans for AME
  • Buy AME slightly over 135.08 target 147.62 stop loss @ 134.69 Details
  • The technical summary data tells us to buy AME near 135.08 with an upside target of 147.62. This data also tells us to set a stop loss @ 134.69 to protect against excessive loss in case the stock begins to move against the trade. 135.08 is the first level of support below 145.12 , and by rule, any test of support is a buy signal. In this case, support 135.08 is being tested, a buy signal would exist.

  • Short AME slightly under 147.62, target 135.08, stop loss @ 148.05 Details
  • The technical summary data is suggesting a short of AME as it gets near 147.62 with a downside target of 135.08. We should have a stop loss in place at 148.05though. 147.62 is the first level of resistance above 145.12, and by rule, any test of resistance is a short signal. In this case, if resistance 147.62 is being tested, a short signal would exist.

Swing Trading Plans for AME
  • Buy AME slightly over 147.62, target 149.51, Stop Loss @ 147.19 Details
  • If 147.62 begins to break higher, the technical summary data tells us to buy AME just slightly over 147.62, with an upside target of 149.51. The data also tells us to set a stop loss @ 147.19 in case the stock turns against the trade. 147.62 is the first level of resistance above 145.12, and by rule, any break above resistance is a buy signal. In this case, 147.62, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short AME slightly near 147.62, target 144.33, Stop Loss @ 148.05. Details
  • The technical summary data is suggesting a short of AME if it tests 147.62 with a downside target of 144.33. We should have a stop loss in place at 148.05 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 147.62, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for AME
  • Buy AME slightly over 147.62, target 149.51, Stop Loss @ 147.28 Details
  • If 147.62 begins to break higher, the technical summary data tells us to buy AME just slightly over 147.62, with an upside target of 149.51. The data also tells us to set a stop loss @ 147.28 in case the stock turns against the trade. 147.62 is the first level of resistance above 145.12, and by rule, any break above resistance is a buy signal. In this case, 147.62, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short AME slightly near 147.62, target 144.55, Stop Loss @ 147.96. Details
  • The technical summary data is suggesting a short of AME if it tests 147.62 with a downside target of 144.55. We should have a stop loss in place at 147.96 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 147.62, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Real Time Updates are available on our Ametek (AME) Page here: AME.

AME Ratings for May 12:

Term →Near Mid Long
Rating Weak Neutral Neutral
P1 0 0 122.26
P2 143.19 144.33 135.08
P3 144.55 149.51 147.62
Triggers may have already come
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Support and Resistance Plot Chart for AME

AME Long Term Analysis for May 12 2023

Blue = Current Price
Red= Resistance
Green = Support

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Prudent Investment Analysis requires observations of the support and resistance levels for Ametek (NYSE: AME) too.  These define prudent trading plans.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for AME change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if AME is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for AME too.  All of these are offered below the Summary Table.