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Stock Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

AMERISAFE, Inc. (NASDAQ:AMSF)

Long-Term Downtrend (-90) - AMSF is in a strong downtrend that is likely to continue. While AMSF 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 AMSF?

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

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

NASDAQ_AMSF
Open High Low AMSF Price Change
47.5000 47.7632 46.9400 47.5300 -0.1300
Entry Signal

MarketClub’s Trade Triangles for AMSF

long term down The long-term trend has been DOWN since Sep 12th, 2023 at 50.72

intermediate term down The intermediate-term trend has been DOWN since Nov 30th, 2023 at 49.21

short term down The short-term trend has been DOWN since Nov 30th, 2023 at 51.66

Smart Scan Analysis for AMSF

Based on our trend formula, AMSF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for AMSF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
47.5000 47.7632 46.9400 47.5300 -0.1300
Prev. Close Volume Bid Ask Time
47.5800 53552 2023-12-07 15:59:39
Year High67.96Year High Date2018-10-25
Year Low52Year Low Date2018-04-09
52wk High57.0652wk High Date2023-05-05
52wk Low47.2652wk Low Date2023-11-30
Year End Close27.25Average Volume104,728
Shares Outstanding38,362Short Interest311,102
% Institutional97.3Market Cap1,299M
Assets129,891,500MLiabilities958,348,000M
P/E Ratio14.1006Beta0.47
Volatility26.96
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