Amrep Corp. ($AXR) - Overbought - views

Amrep Corp. has hit a technical signal on 3 different technical indicators. AXR is in the Finance sector. The technical signals indicate that the stock is Overbought right now. The 3 indicators: Commodity Channel Index, Relative Strength Index and the Fast Stochastics were all triggered based on the last closing price of $8.70 on Feb 10.

There are currently no analysts that cover the company.

Over the last 52 weeks, the stock has been trading between $5.64 and $12.16. More recently in the last 4 weeks, the stock has been trading between $5.64 and $8.85. Yesterday the stock traded between $8.32 and $8.85. The stock currently has a PE ratio of 0.0.

Amrep Corp. is trading 32.7% from its 20-day simple moving average (SMA) of $6.56 and 35.5% from its 50-day SMA and 9.74% from its 200-day SMA. Average daily volume over the last 30 days has been 16,821 shares.

At yesterdays close: the RSI was at 81.9, the CCI was at 200.0 and the Fast Stochastic was at 94.9. AXR closed yesterday at $8.70, on volume of 6,392 shares as compared to an average volume of 16,821 over the last 4 weeks.

Technical Indicators should be used as the starting point for further analysis. These indicators are provided as a guide to help you determine what assets to analyze. The technical indicators used in this article can indicate that an asset is either overbought or oversold, but that indication could be the result of a fundamental or other type of event like an earnings announcement.

To learn more about technical analysis, please refer to our technical analysis primer.