APH closes below its opening price unable to hold early session gains
Amphenol Corporation (APH) Technical Analysis Report for Sep 14, 2018 | by Techniquant Editorial Team
APH finished the week 1.55% higher at 96.83 after losing $0.16 (-0.16%) today. Trading $0.56 higher after the open, Amphenol Corp was unable to hold its gains as the bears took control ending the day below its opening price. Closing within the prior day's range, prices failed to decisively move past the previous day's trading range. Ending the day with an indecisive close, neither buyers nor sellers were able to gain control during the session.
Daily Candlestick Chart (APH as at Sep 14, 2018):
Friday's trading range was $1.16 (1.2%), that's far above last trading month's daily average range of $0.83. Weekly volatility is also higher, being slightly above the markets average with the monthly volatility being slightly above average.
The trend is clearly bullish, showing an intact uptrend in the short, medium and long-term.