AMSF Stock AMERISAFE (AMSF, $59.09) RSI Indicator left the overbought zone on November 06, 2024

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AMSF - AMERISAFE

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Odds of DOWN Trend

Price: $59.09

Daily change: +$4.14 (+7.53%)

Daily volume: 128.4K

Capitalization: $1.1B

Industry: Specialty Insurance

AMSF's RSI Oscillator is remaining in overbought zone for 1 day

Watch for a price pull-back in the near future.

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where AMSF declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

AMSF broke above its upper Bollinger Band on November 06, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on October 08, 2024. You may want to consider a long position or call options on AMSF as a result. In of 86 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for AMSF just turned positive on October 14, 2024. Looking at past instances where AMSF's MACD turned positive, the stock continued to rise in of 43 cases over the following month. The odds of a continued upward trend are .

AMSF moved above its 50-day moving average on October 08, 2024 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AMSF advanced for three days, in of 304 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 170 cases where AMSF Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 59, placing this stock slightly better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. AMSF’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.209) is normal, around the industry mean (1.836). P/E Ratio (15.186) is within average values for comparable stocks, (29.633). AMSF's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (1.179). Dividend Yield (0.028) settles around the average of (0.021) among similar stocks. P/S Ratio (3.073) is also within normal values, averaging (4.358).