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$10.66 (2.30%)

Volume: 100k

Closed: Nov 26, 2021

Hollow Logo Score: -2.779

Amtech Systems Stock Forecast

$10.66 (2.30%)

Volume: 100k

Closed: Nov 26, 2021

Score Hollow Logo -2.779
Which way will ASYS go? Request
Key Stats
P/E Ratio 50.38
Beta 1.7
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 75 ] The Amtech Systems stock currently holds an RSI14 at 23 and is oversold on RSI14. The stock being oversold is no guarantee for instant reaction up as some stocks may be oversold for a long time. It is important to review the previous RSI-history to get an indication of the RSI-sensitiveness.

Green day on Friday for Amtech Systems
(Updated on Nov 26, 2021)


Sell candidate since 2021-11-18 Loss -4.82%

The Amtech Systems stock price gained 2.30% on the last trading day (Friday, 26th Nov 2021), rising from $10.42 to $10.66. , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 7.29% from a day low at $10.02 to a day high of $10.75. The price has fallen in 6 of the last 10 days and is down by -29.96% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 18 thousand more shares were traded than the day before. In total, 100 thousand shares were bought and sold for approximately $1.07 million.

The stock lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $10.37 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 24.89% during the next 3 months and, with a 90% probability hold a price between $12.95 and $19.87 at the end of this 3-month period.

Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, November 23, 2021, and so far it has risen 3.80%. Further rise is indicated until a new top pivot has been found. Amtech Systems has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Amtech Systems stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $11.34 and $13.01. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss

Amtech Systems finds support from accumulated volume at $10.57 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.73 between high and low, or 7.29%. For the last week, the stock has had a daily average volatility of 6.36%.

Amtech Systems is oversold on RSI14 (23). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: We hold an negative evaluation for this stock. No stop-loss is set.

Is Amtech Systems stock A Buy?

The Amtech Systems stock holds several negative signals and despite the positive trend, we believe Amtech Systems will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -2.779

Predicted Opening Price for Amtech Systems of Monday, November 29, 2021

The predicted opening price is based on yesterday's movements between high, low, and the closing price.

Fair opening price November 29, 2021 Current price
$10.48 $10.66 (Overvalued)
Sell Candidate Unchanged

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Analyst Ratings

Benchmark is very positive about ASYS and gave it a "Buy" rating on Mar 17, 2021. The price target was changed from $10.00 to $16.00.

Volatility and Risk
Daily Average Volatility: 6.36 %
Overall Risk: Very High High Medium Low Very Low
Volatility
6.36 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $11.20
Price: $10.66
Support: $10.57

ASYS Insider Trading Show all Trades

INSIDER POWER

1.418

Last 100 transactions
Buy: 542 455 | Sell: 382 446 (Shares)
Date Action Amount Person Type
Nov 23, 2021 Buy 2 500 Averick Robert M Common Stock
Nov 22, 2021 Buy 12 500 Averick Robert M Common Stock
Nov 16, 2021 Buy 10 000 Gibbs Lisa Amtech Systems, Inc. Employee Stock Option
Nov 16, 2021 Buy 12 000 Whang Michael Amtech Systems, Inc. Employee Stock Option
Sep 08, 2021 Sell 36 667 Whang Jong S Amtech Systems, Inc. Employee Stock Option
Show all Insider Trades
INSIDER POWER

1.418

Last 100 transactions
Buy: 542 455 | Sell: 382 446 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 11.21 5.13 %
10.93 2.51 %
10.76 0.90 %
Current price: 10.66
Support 10.20 -4.34 %
10.03 -5.95 %
9.75 -8.57 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 12.33 15.67 %
11.53 8.16 %
11.20 5.07 %
Current price 10.66
Support 10.57 -0.84%
10.48 -1.69%
10.27 -3.66%

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About Amtech Systems

Amtech Systems Amtech Systems, Inc. manufactures and markets capital equipment and related consumables used in fabricating solar cells, LED, and semiconductor devices worldwide. The company operates in three segments: Solar, Semiconductor, and Polishing. The Solar segment offers thermal processing systems, including diffusion, plasma-enhanced chemical vapor deposition, atomic layer deposition parts and services; and solar automation products, including mass waf... Read more

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