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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

American Well Corporation Class A (NYSE:AMWL)

Strong Downtrend (-100) - AMWL is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, AMWL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid AMWL?

MarketClub looks at technical strength and momentum to determine if the timing is right for AMWL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_AMWL
Open High Low AMWL Price Change
0.5572 0.5572 0.5100 0.5145 -0.0414
Entry Signal

MarketClub’s Trade Triangles for AMWL

long term down The long-term trend has been DOWN since Sep 23rd, 2022 at 3.5100

intermediate term down The intermediate-term trend has been DOWN since Mar 4th, 2024 at 1.0400

short term down The short-term trend has been DOWN since May 8th, 2024 at 0.5145

Smart Scan Analysis for AMWL

Based on our trend formula, AMWL is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for AMWL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.5572 0.5572 0.5100 0.5145 -0.0414
Prev. Close Volume Bid Ask Time
0.5180 2028520 2024-05-08 15:59:40
52wk High2.73552wk High Date2023-06-07
52wk Low0.451552wk Low Date2024-05-02
Average Volume2,754,863Shares Outstanding289,253
Assets548,383,000MLiabilities139,648,000M
P/E Ratio6.1333
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