Amerisafe's 15-minute chart recently exhibited a MACD Death Cross and a Bearish Marubozu pattern on July 30, 2025 at 15:15. This suggests that the stock price may experience further downward momentum, with sellers dominating the market and a bearish trend likely to persist.
On July 30, 2025, at 15:15, Amerisafe's (NASDAQ:AMSF) 15-minute chart exhibited a MACD Death Cross and a Bearish Marubozu pattern. These technical indicators suggest a potential continuation of the stock's downward trajectory, with sellers currently in control of the market and a persistent bearish trend likely.
The MACD (Moving Average Convergence Divergence) Death Cross occurs when the MACD line crosses below the signal line, signaling a potential reversal in the trend. The Bearish Marubozu pattern, characterized by a large body candle with no upper or lower shadows, indicates strong selling pressure. These patterns align with the company's recent performance and market trends [1].
On July 30, 2025, AMERISAFE's stock price advanced 2.04% to $46.23, closing 17.38% short of its 52-week high of $60.24 [2]. Despite this gain, AMERISAFE underperformed some of its competitors, with International Paper Co. (IP) rising 2.04%, Sealed Air Corp. (SEE) rising 0.83%, and Graphic Packaging Holding Co. (GPK) rising 0.71% [1].
Analysts are mixed in their outlook for AMERISAFE. JMP Securities reiterated a "market outperform" rating and set a $65.00 price objective on shares of AMERISAFE [2]. However, Wall Street Zen upgraded shares of AMERISAFE from a "sell" rating to a "hold" rating [2]. The consensus rating among analysts is currently "Hold" with an average price target of $55.00 [2].
Investors monitoring AMERISAFE should closely monitor the stock price and be prepared for potential downward movements in the coming days or weeks. It is essential to stay informed about the latest developments and technical indicators to make well-informed investment decisions.
References:
[1] https://www.marketwatch.com/data-news/packaging-corp-of-america-stock-underperforms-thursday-when-compared-to-competitors-despite-daily-gains-98c10453-4ec938e84a14
[2] https://www.marketbeat.com/instant-alerts/amerisafe-nasdaqamsf-announces-quarterly-earnings-results-2025-07-26/
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