Ametek Stock Jumps 4.58% As Technical Indicators Signal Bullish Momentum

Ametek (AME) closed at $184.85 on July 31, 2025, registering a 4.58% single-day gain. This analysis employs multiple technical frameworks to evaluate the stock’s trajectory.
Candlestick Theory
The most recent session formed a robust bullish candle after a Hammer pattern emerged at $175.61 on July 30, signaling rejection of lower prices. Key resistance is observed near $189 (February 2025 peak), while the July swing low at $175.61 establishes immediate support. A bearish counter-trend candle on July 24 ($179.72 close) briefly interrupted the recovery, but buyers regained dominance above the $180 psychological barrier.
Moving Average Theory
The 50-day SMA ($178), 100-day SMA ($176), and 200-day SMA ($171) are aligned bullishly, with price trading above all three. The ascending sequence reflects established upward momentum. Notably, the 50-day SMA crossed above the 200-day SMA (Golden Cross) in Q1 2025, confirming a long-term trend foundation that remains intact despite recent consolidation.
MACD & KDJ Indicators
MACD shows a bullish crossover emerging below the zero line after a period of convergence, suggesting building upside momentum. KDJ exited oversold territory (sub-30) on July 30 and now trends upward with %K at 45 and %D at 38. However, both oscillators remain below neutral zones, implying moderate recovery potential rather than overbought exhaustion. This alignment supports continuation but lacks strong conviction.
Bollinger Bands
July’s volatility contraction narrowed bands to their tightest range since April 2025, culminating in the July 31 expansion breakout. Price closed near the upper band ($186), indicating upside momentum. The 20-day average at $178 anchors the bands, with the $172 lower band providing critical trend support. Sustained upper-band proximity may signal overheating if volume participation fades.
Volume-Price Relationship
The 4.58% surge on July 31 was validated by significantly elevated volume (3.16M shares vs. 1.48M monthly average), confirming buyer conviction. Prior distribution was evident during the July 24–29 decline, where lower volume suggested weak capitulation. Volume divergence occurred on July 12 when price rose 0.94% on below-average turnover, hinting at unsustainable momentum that corrected subsequently.
Relative Strength Index (RSI)
The 14-day RSI rebounded from a near-oversold 33 to its current 58 after the recent rally. While clearing the neutral 50 threshold is constructive, it remains below the overbought 70 boundary, indicating room for continuation. Historical reversals have occurred when RSI exceeded 72 (notably in February 2025 near $189) or dipped below 30 (August 2024 near $153). Current readings suggest balanced momentum with moderate upside bias.
Fibonacci Retracement
Using the April 2024 trough ($151.41) and February 2025 peak ($189.3), key retracement levels are evident: The 38.2% level ($175) coincided with the July low and held as support, while the 23.6% level ($179) now acts as immediate resistance-turned-support. The 61.8% extension at $188 converges with the multi-month resistance near $189, creating a high-confluence barrier for further upside.
Confluence & Divergence Notes
Bullish confluence appears at $175, where Fibonacci support, the 100-day SMA, and a swing low converge. Bearish divergence was observed in late June as price made marginal new highs while RSI traced lower peaks. Currently, MACD and volume confirm the breakout, though the proximity to the $189 resistance and Bollinger Band upper limit warrants caution. Probabilistically, a retest of $179 support before challenging the $189 ceiling seems plausible.