Amrize Surges 3.46% in Three-Day Rally as Technical Indicators Signal Uptrend

Amrize (AMRZ) surged 3.46% in the most recent session, marking a three-day consecutive gain with a cumulative rise of 7.72%. This sharp rally suggests renewed buying momentum, warranting a deeper examination of technical signals across multiple frameworks to assess trend sustainability and potential reversals.
Candlestick Theory
The recent price action features a bullish engulfing pattern as the last three sessions closed above prior resistance levels, with the current high of $50.78 acting as a dynamic resistance. Key support levels appear at $47.775 and $46.96, while resistance is now consolidated around $50.78–$51.12. A long lower shadow on October 24 (closing at $49.08) and a bullish harami on October 23 hint at potential continuation of the uptrend, though bearish divergence in the form of a spinning top on November 17 (closing at $48.06) suggests caution for short-term traders.
Moving Average Theory
The 50-day moving average (calculated at ~$49.85) is currently below the 100-day (~$49.65) and 200-day (~$49.20) averages, indicating a short-term bullish crossover. However, the price has recently crossed above the 50-day line, aligning with the three-day rally. A sustained break above the 200-day average would confirm a long-term uptrend, while a retest of the 100-day line (~$49.65) could act as a critical filter for trend validity. The convergence of the 50-day and 100-day averages near $49.75 suggests a potential consolidation zone.
MACD & KDJ Indicators
The MACD histogram has turned positive in the last three sessions, with the MACD line crossing above the signal line on November 25, reinforcing bullish momentum. However, the KDJ stochastic oscillator entered overbought territory (>80) on November 24, raising caution about a near-term correction. Divergence between the KDJ’s overbought readings and the MACD’s ascending trend may indicate a weakening in conviction, suggesting traders monitor for a bearish crossover in the oscillator lines.

Bollinger Bands
Volatility has expanded recently, with the upper band reaching $52.98 (June 24 high) and the lower band contracting to $46.96. The current price of $50.78 sits near the upper band, indicating overbought conditions. A break below the 20-day moving average (~$49.95) could trigger a reversion toward the lower band, but the narrow band contraction observed in late October (around $49.44) suggests a potential breakout is still pending.
Volume-Price Relationship
Volume has surged in the last three sessions, with the most recent day’s volume (5.51 million shares) being 1.5x the 30-day average, validating the price strength. However, the sharp increase on November 25 contrasts with the muted volume on October 29 (8.12 million shares), where a 4.78% gain occurred. This discrepancy implies the recent rally may lack broad-based participation, raising questions about the sustainability of the move without a corresponding volume surge on future uplegs.
Relative Strength Index (RSI)
The 14-period RSI has crossed into overbought territory (>70) on November 25, aligning with the MACD’s bullish signal. Historical data shows RSI frequently dipping below 30 during late October corrections, suggesting a potential retracement could test the 40–50 level. However, a failure to break above 75 may indicate a topping pattern, particularly if the RSI forms a bearish divergence with price action.
Fibonacci Retracement
Key Fibonacci levels from the June–August decline (high of $55.84 to low of $44.12) suggest critical support at 61.8% ($48.25) and 50% ($49.98). The current price is approaching the 50% retracement level (~$49.98), which coincides with the 100-day moving average. A breakdown below the 61.8% level would target the 38.2% retracement at $46.96, while a close above $51.12 could invalidate the bearish case and retest the $52.06 high.
<visual>AMRZ Trend</visual>
The analysis highlights confluence between the 50-day moving average and Fibonacci 50% level near $49.98 as a critical juncture. While the MACD and bullish engulfing patterns support continuation, the overbought RSI and KDJ divergence signal caution. Volume validation remains mixed, with recent strength offset by historical underperformance. A breakdown below $49.08 (October 24 close) may trigger a retest of $46.96, but a sustained close above $51.12 could reignite the uptrend. Probabilistically, the next 10–15 trading days will likely determine whether this rally consolidates or transitions into a broader bullish phase.