Will ampy go up today?

**Amplify Energy (AMPY) is likely to face volatility today**, with a potential for fluctuations within a narrow range. Here's an analysis to support this conclusion: 1. **Technical Indicators Suggest Volatility**: The MACD for AMPY is at 0.13, indicating a positive trend, but not a strong one. The RSI is at 80.12, which is considered overbought and could suggest a potential pullback or consolidation. The KDJ is at 89.85, which is very close to the overbought threshold of 90, further suggesting that the stock may be due for a pullback or consolidation. |Ticker|Name|MACD|Date|code|market_code| |---|---|---|---|---|---| |AMPY.N|Amplify Energy|0.1310|20240717|AMPY|169| |Ticker|Name|KDJ|Date|code|market_code| |---|---|---|---|---|---| |AMPY.N|Amplify Energy|89.8486|20240717|AMPY|169| 2. **Recent Price Movement and Support/Resistance Levels**: The stock has a 5-day moving average of $7.26 and a 10-day moving average of $7.06, both of which are below the current price. This indicates a short-term upward trend. The support level is at $7.29, and the resistance level is at $7.53, suggesting a narrow trading range. |Ticker|Name|Resistance Level|Date|code|market_code| |---|---|---|---|---|---| |AMPY.N|Amplify Energy|7.5300|20240717|AMPY|169| 3. **Market Sentiment and Analyst Ratings**: The average price target from analysts is $9.83, which is significantly higher than the current price, indicating potential upside. However, the stock has been rated as a Sell by some analysts, which could limit its upward movement. 4. **Conclusion**: Given the current technical indicators and recent price movement, it is likely that AMPY will experience volatility today, with a potential for fluctuations around the current price level. The proximity to resistance and overbought conditions suggest a potential pullback or consolidation, while the short-term moving averages and market sentiment point to a slight upward bias.