Why Altra Industrial Motion Corp. (NASDAQ:AIMC) Is Acting Slightly Strange (2020-01-02)

REPORTING FOR 2020-01-02 | WCX19.ORG: We have done an in-depth analysis of how AIMC has been trading over the last 2 weeks and the past day especially. On its latest session, Altra Industrial Motion Corp. (NASDAQ:AIMC) opened at 35.95, reaching a high of 36.447 and a low of 35.95 before closing at a price of 36.21. There was a total volume of 319018.

VOLUME INDICATORS FOR ALTRA INDUSTRIAL MOTION CORP. (NASDAQ:AIMC): We saw an accumulation-distribution index of 152.33889, an on-balance volume of -36.04, chaikin money flow of 1.0 and a force index of 0.11895. There was an ease of movement rating of 0.0011, a volume-price trend of 8.01038 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR ALTRA INDUSTRIAL MOTION CORP. (NASDAQ:AIMC): We noted an average true range of 0.41165, bolinger bands of 36.21512, an upper bollinger band of 35.39488, lower bollinger band of 35.95, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 36.11567, high band keltner channel of 35.61867, low band keltner channel of 36.61267, 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 35.95, a donchian channel low band of 35.95, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR ALTRA INDUSTRIAL MOTION CORP. (NASDAQ:AIMC): We calculated a Moving Average Convergence Divergence (MACD) of -0.00651, a MACD signal of -0.00361, a MACD difference of -0.00289, a fast Exponential Moving Average (EMA) indicator of 35.95, a slow Exponential Moving Average (EMA) indicator of 35.95, 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 0.37399, a trix of 13.95239, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -6.52681, a KST Oscillator (KST) of 221.82554 and a KST Oscillator (KST Signal) of 221.82554 (leaving a KST difference of -2.46404). We also found an Ichimoku rating of 36.1985, an Ichimoku B rating of 36.1985, a Ichimoku visual trend A of 30.88898, an Ichimoku visual trend B of 32.10954, 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 ALTRA INDUSTRIAL MOTION CORP. (NASDAQ:AIMC): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 100.0, a stochastic oscillator of 100.0, a stochastic oscillator signal of 100.0, a Williams %R rating of 156.75676 and an awesome oscillator of -0.0445.

RETURNS FOR ALTRA INDUSTRIAL MOTION CORP. (NASDAQ:AIMC): There was a daily return of 22.18255, a daily log return of -0.80995 and a cumulative return of -0.80668.

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 2020-01-02 (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 Altra Industrial Motion Corp. (NASDAQ:AIMC)…

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 Altra Industrial Motion Corp. (NASDAQ:AIMC) 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.