AAMC Stock's Unabated Upward Push. Will It Continue? Altisource Asset Management Corp Stock

As of 1:31 PM ET Tuesday, 08/31/2021 AAMC stock is showing strength within a longer-term bearish trend. Its MACD is above the signal line and shares are presently 17.2% above the 200-day moving average. However, that moving average is declining, implying that caution is still warranted. Comparative Relative Strength analysis shows that this issue is lagging the S&P 500.
Momentum for AAMC stock is strongly bullish. The 14-period Slow Stochastic oscillator is above 80, the level which many analysts call overbought. This means that investors have been actively purchasing shares and driving the price higher.
The last 10-days have seen significant volume in AAMC, with average daily volume above the average for the last year. Today's volume is no exception; with 143,399 shares having been traded already. The On Balance Volume indicator (OBV) shows that longer term selling pressure has given way to near term accumulation by traders.

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