Why AMERISAFE, Inc. (NASDAQ:AMSF) Is Acting Slightly Strange (2019-12-26)

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REPORTING FOR 2019-12-26 | WCX19.ORG: We have done an in-depth analysis of how AMSF has been trading over the last 2 weeks and the past day especially. On its latest session, AMERISAFE, Inc. (NASDAQ:AMSF) opened at 65.3, reaching a high of 65.69 and a low of 65.04 before closing at a price of 65.31. There was a total volume of 42888.

VOLUME INDICATORS FOR AMERISAFE, INC. (NASDAQ:AMSF): We saw an accumulation-distribution index of 8364.70667, an on-balance volume of 65.35, chaikin money flow of 2.33333 and a force index of 2.2491. There was an ease of movement rating of -0.00073, a volume-price trend of -1.04785 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR AMERISAFE, INC. (NASDAQ:AMSF): We noted an average true range of 0.76788, bolinger bands of 65.34627, an upper bollinger band of 64.89373, lower bollinger band of 65.04, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 65.34333, high band keltner channel of 64.95333, low band keltner channel of 65.73333, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 65.04, a donchian channel low band of 65.04, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR AMERISAFE, INC. (NASDAQ:AMSF): We calculated a Moving Average Convergence Divergence (MACD) of 0.00359, a MACD signal of 0.00199, a MACD difference of 0.0016, a fast Exponential Moving Average (EMA) indicator of 65.04, a slow Exponential Moving Average (EMA) indicator of 65.04, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.11062, a trix of -1.3205, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of 1.03745, a KST Oscillator (KST) of -15.7005 and a KST Oscillator (KST Signal) of -15.7005 (leaving a KST difference of 0.60535). We also found an Ichimoku rating of 65.495, an Ichimoku B rating of 65.495, a Ichimoku visual trend A of 67.06106, an Ichimoku visual trend B of 67.18652, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.

MOMENTUM INDICATORS FOR AMERISAFE, INC. (NASDAQ:AMSF): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 50.43766, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -167.76402, a stochastic oscillator of 166.66667, a stochastic oscillator signal of 166.66667, a Williams %R rating of 66.66667 and an awesome oscillator of 0.31117.

RETURNS FOR AMERISAFE, INC. (NASDAQ:AMSF): There was a daily return of -1.57005, a daily log return of 0.2457 and a cumulative return of 0.246.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-12-26 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for AMERISAFE, Inc. (NASDAQ:AMSF)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling AMERISAFE, Inc. (NASDAQ:AMSF) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.