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Stock Trend Analysis Report

Prepared for you on Friday, June 21, 2024.

Ambac Financial Group, Inc. (NYSE:AMBC)

Countertrend Down (-85) - AMBC is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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

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

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

NYSE_AMBC
Open High Low AMBC Price Change
12.470 12.910 12.411 12.590 +0.140
Entry Signal

MarketClub’s Trade Triangles for AMBC

long term down The long-term trend has been DOWN since Jun 5th, 2024 at 13.97

intermediate term down The intermediate-term trend has been DOWN since Jun 5th, 2024 at 16.98

short term up The short-term trend has been UP since Jun 21st, 2024 at 12.68

Smart Scan Analysis for AMBC

Based on our trend formula, AMBC is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for AMBC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.470 12.910 12.411 12.590 +0.140
Prev. Close Volume Bid Ask Time
12.450 458113 2024-06-21 15:40:55
52wk High18.4552wk High Date2024-05-08
52wk Low11.2652wk Low Date2023-10-23
Average Volume567,808Shares Outstanding45,225
Assets842,900,000MLiabilities706,300,000M
P/E Ratio9.4318
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