See our recent article: How do I manage my trading risk?| (Date Report Was Created: 8-Sep-2010) |   | | AMAG Pharmaceuticals, Inc. (AMAG) | Healthcare | | Last: 25.48  (+0.08 pts, 0.31%)  Open: 25.58  High: 25.755  low: 25.345   | Diagnostic Substances |
Quick Summary- The Stock is in Bearish Phase. The sellers have entered the market and pushing the price down. The Bearish Phase occurs when sellers have entered the market.
- The stock has recovered 1.9% from its recent low price of 25.01 which occurred on 31-Aug-2010. A close above 20-day moving average of 27.46 could mark low of 25.01 as a recent low.
- The closest support can be found at 25.2. The closest resistance can be found at 29.27. See Support/Resistance below for details.
| How to trade AMAG Pharmaceuticals, Inc.(AMAG)? - Breakout Trade: A close below the support level of 25.2 could trigger a sell signal. Confirmation would occur when the high of the day would be below 25.2.
- Retracement Trade: Consider sell/shorting when the price retraces around 29.27 if you are aggressive. Alternatively, a conservative sell would be around 38.02.
- Risk Management: Consider risking somewhere between 1.578(6.19%) and 2.63(10.32%) points on your position. Risk management is an important part of trading. Our risk management strategy is based on the average daily range of the stock.
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| Market Phase:? | Bearish | This indicator compares long term trend with short term price action to explain the current phase of the market. According to the indicator, the stock of AMAG Pharmaceuticals, Inc. is in the Bearish Phase. This indicates that the stock is in a downtrend. The sellers are pushing AMAG down. |
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| Short Term Trend: |             (-9)
| The short term trend indicator only looks at 10 to 20 day timeframe to determine the current trend. AMAG Pharmaceuticals, Inc.(AMAG) is currently strongly bearish. |
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| 3 Day Money Flow: |          (-6)
| The money flowing for last 3 days in AMAG has been mildly bearish. This indicator summarizes the price and volume activity over last 3 days. It is a very short term indicator. |
| Phase:? | Bearish
|   | Relative Strength: |      (-2)
| | EPS Growth(yoy): |  Unavailable   (-0)
|   | Fundamental: |      (-1)
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If you are investing in stock, or if you buy stocks, trade stock, or are into stock investing, read this section to improve your stock trading skills.
If you buy stocks, sell stocks, or trade stocks, you may have asked your self the following question:
What does upside and downside breakout mean?
Breakout is price movement of a stock through an identified level of support or resistance. The upside or downside breakouts are traded with the presumption that the move will continue. Traders who keep an eye on the upside or downside breakout, generally, look for increase in the volume( number of shares traded ) for the breakout bar. Higher this volume, bigger and stronger the breakout. The traders will buy the stock when the price breaks above a level of resistance and sell when it breaks below support. The traders may also buy the stock when the price bounces from a support level with higher volume. Similarly, The traders may also sell the stock if the price declines from a resistance level with noticeable increase in volume.
A downside breakout is also referred to as breakdown. This is usually a bearish sign.
askStockGuru tries to identify both breakouts and breakdowns. It also checks for increasing volume.
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