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$AAME (ATLANTIC AMERICAN CORP) Price Analysis
Buy, Hold or Sell?

Let's analyze ATLANTIC AMERICAN CORP together

Penke

I guess you are interested in ATLANTIC AMERICAN CORP. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • 📈 Technical Analysis (TA) – ATLANTIC AMERICAN CORP’s Price Targets

I'm going to help you getting a better view of ATLANTIC AMERICAN CORP. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Technical Analysis of ATLANTIC AMERICAN CORP
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of ATLANTIC AMERICAN CORP. The general trend of ATLANTIC AMERICAN CORP is NEUTRAL with 0.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine ATLANTIC AMERICAN CORP's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (0.0%) Bearish trend (0.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Neutral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Neutral to overboughtOverbought=Overbought

1. ATLANTIC AMERICAN CORP Price Targets

1.1 sr

Score

Let's take a look at the sr of ATLANTIC AMERICAN CORP.

  • The price is trading arround resistance levels. This can be considered as a potential exit level.
ATLANTIC AMERICAN CORP Daily sr Chart
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2. Trend Indicators

2.1 Moving Averages

Score

Let's take a look at the Moving Averages of ATLANTIC AMERICAN CORP.

  • The SHORT shows weakening trend behaviour.
  • Price action is trading under pressure relative to the SHORT.
  • The SHORT is leading the MEDIUM, indicating positive trend alignment.
  • The SHORT is lagging behind the INTER, indicating weaker trend alignment.
  • The SHORT is leading the LONG, indicating positive trend alignment.
  • The MEDIUM shows a strengthening upward trend.
  • Price action is trading under pressure relative to the MEDIUM.
  • The MEDIUM is lagging behind the INTER, indicating weaker trend alignment.
  • The MEDIUM is leading the LONG, indicating positive trend alignment.
  • The INTER shows weakening trend behaviour.
  • Price action is trading under pressure relative to the INTER.
  • The INTER is leading the LONG, indicating positive trend alignment.
  • The LONG shows a strengthening upward trend.
  • Price action is supported by the LONG.

Directionalities and relatives.

Moving AverageTrendPricevs. MEDIUMvs. INTERvs. LONG
SHORT
MEDIUM
INTER
LONG

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

ATLANTIC AMERICAN CORP Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of ATLANTIC AMERICAN CORP.

  • Momentum is leaning bearish. Selling pressure outweighs buying interest, indicating increased caution and reduced risk appetite among market participants.
  • Overall momentum is negative. Market conditions reflect cautious sentiment, with sellers exerting more influence and limiting upside progress for ATLANTIC AMERICAN CORP.
  • Momentum is weakening. Bearish pressure is increasing as confidence fades and market participants shift toward defensive positioning.
ATLANTIC AMERICAN CORP Daily Moving Average Convergence/Divergence (MACD) ChartATLANTIC AMERICAN CORP Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

Score

Let's take a look at the Directional Movement Index (DMI) of ATLANTIC AMERICAN CORP.

  • Directional bias favors sellers. Selling pressure dominates buying interest, reflecting cautious sentiment and increasing downside pressure.
  • Directional bias is mildly bearish, but overall trend conditions remain weak and lack clear directional commitment.
ATLANTIC AMERICAN CORP Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Score

Let's take a look at the Parabolic SAR of ATLANTIC AMERICAN CORP.

  • Price action is under pressure relative to the prevailing trend structure, which is commonly interpreted as a bearish market signal.
ATLANTIC AMERICAN CORP Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Score

Let's take a look at the Relative Strength Index (RSI) of ATLANTIC AMERICAN CORP. The current phase is Continuation in bear market.

  • Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Momentum is improving as buying interest gradually strengthens.
ATLANTIC AMERICAN CORP Daily Relative Strength Index (RSI) ChartATLANTIC AMERICAN CORP Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Score

Let's take a look at the Stochastic Oscillator of ATLANTIC AMERICAN CORP. The current phase is Continuation in bear market.

  • Momentum favors sellers, indicating reduced buying interest and growing downside pressure.
  • Momentum is leaning bullish, with buying pressure currently dominating selling interest and supporting positive short-term sentiment for ATLANTIC AMERICAN CORP.
  • Momentum is improving as buying interest strengthens and short-term sentiment turns more positive.
ATLANTIC AMERICAN CORP Daily Stochastic Oscillator ChartATLANTIC AMERICAN CORP Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Score

Let's take a look at the Commodity Channel Index (CCI) of ATLANTIC AMERICAN CORP.

  • Price action appears stretched to the downside, suggesting selling pressure may be exhausted and conditions could stabilize or rebound.
ATLANTIC AMERICAN CORP Daily Commodity Channel Index (CCI) ChartATLANTIC AMERICAN CORP Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of ATLANTIC AMERICAN CORP.

  • Momentum is leaning negative, indicating cautious market conditions and increasing downside participation.
ATLANTIC AMERICAN CORP Daily Chande Momentum Oscillator (CMO) ChartATLANTIC AMERICAN CORP Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

Score

Let's take a look at the Williams %R of ATLANTIC AMERICAN CORP.

  • Momentum appears balanced, with neither buyers nor sellers showing a clear advantage in the current market environment.
ATLANTIC AMERICAN CORP Daily Williams %R ChartATLANTIC AMERICAN CORP Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

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Let's take a look at the Bollinger Bands of ATLANTIC AMERICAN CORP.

ATLANTIC AMERICAN CORP Daily Bollinger Bands Chart
4.2 Average True Range (ATR)

Score

Let's take a look at the Average True Range (ATR) of ATLANTIC AMERICAN CORP.

ATLANTIC AMERICAN CORP Daily Average True Range (ATR) ChartATLANTIC AMERICAN CORP Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

Score

Let's take a look at the On-Balance Volume (OBV) of ATLANTIC AMERICAN CORP.

ATLANTIC AMERICAN CORP Daily On-Balance Volume (OBV) ChartATLANTIC AMERICAN CORP Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Score

Let's take a look at the Money Flow Index (MFI) of ATLANTIC AMERICAN CORP.

  • Money flow favors sellers, indicating reduced buying interest and growing downside pressure.
ATLANTIC AMERICAN CORP Daily Money Flow Index (MFI) ChartATLANTIC AMERICAN CORP Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for ATLANTIC AMERICAN CORP.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal

6.3. Candlestick Patterns

ATLANTIC AMERICAN CORP Daily Candlestick Chart
DateCandlestick Pattern
Penke

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