Is AMERISAFE, Inc. technically bullish or bearish?
As of May 1, 2025, AMERISAFE, Inc. has a bearish technical trend, indicated by negative MACD readings, bearish daily moving averages, and a lack of bullish signals in the RSI, despite some divergence in the KST.
As of 1 May 2025, the technical trend for AMERISAFE, Inc. has changed from mildly bearish to bearish. The current technical stance is bearish with a strong indication of weakness. The MACD is bearish on both the weekly and monthly time frames, reinforcing the negative outlook. The daily moving averages also reflect a bearish trend. Additionally, the Bollinger Bands indicate a bearish stance on the monthly timeframe. The KST shows a bearish signal on the weekly but is bullish on the monthly, suggesting some divergence. Overall, the lack of significant bullish signals in the RSI and the Dow Theory's mildly bearish monthly trend further support the bearish sentiment.
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