Stock Trend Analysis Report
Prepared for you on Monday, September 21, 2020.
Ameris Bancorp (NASDAQ:ABCB)
Long-Term Downtrend (-90) - ABCB is in a strong downtrend that is likely to continue. While ABCB is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ABCB?
MarketClub looks at technical strength and momentum to determine if the timing is right for ABCB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ABCB
The long-term trend has been DOWN since Feb 24th, 2020 at 39.920
The intermediate-term trend has been DOWN since Sep 10th, 2020 at 23.440
The short-term trend has been DOWN since Sep 8th, 2020 at 24.185
Smart Scan Analysis for ABCB
Based on our trend formula, ABCB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||59.05||Year High Date||2018-03-12|
|Year Low||39.34||Year Low Date||2018-10-24|
|52wk High||44.9||52wk High Date||2019-12-16|
|52wk Low||17.12||52wk Low Date||2020-05-14|
|Year End Close||12.49||Average Volume||249,327|
|Shares Outstanding||69,488||Short Interest||1,248,239|
|% Institutional||79.5||Market Cap||2,622M|