AMWL (NYSE)

AMWL NYSE

American Well Class A

SELL

8.4000

Prev.Close

8.8900

Change

-0.4900

Change%

-5.51%

BEARISH THREE GAP UPS

Sold at

8.4000

Open

8.9000

High

9.0400

Low

8.2800

8.4000

0.00%

Signal History

Date	Price	Signal	Change%		$100⇨
07/01	8.4000	SELL	0.0%		168
06/24	6.9600	BUY	+20.7%	✔ 👍	139
06/13	7.0800	SELL	-1.7%	✔	140
06/05	6.9200	BUY	+2.3%	✔	137
05/27	7.3000	SELL	-5.2%	✔	137
05/08	6.8550	BUY	+6.5%	✔	129
05/06	7.0100	SELL	-2.2%	✔	129
04/22	7.3000	BUY	-4.0%	❌	135
04/17	7.0100	SHORT	+4.1%	❌	141
04/14	7.1800	BUY	-2.4%	❌	145
04/11	7.0600	SHORT	+1.7%	❌	148
04/09	7.1700	BUY	-1.5%	❌	151
03/28	7.8200	SHORT	-8.3%	✔	140
03/24	7.9400	BUY	-1.5%	❌	143
03/20	7.8000	SHORT	+1.8%	❌	146
03/17	8.0800	BUY	-3.5%	❌	152
02/21	11.9400	SELL	-32.3%	✔	152
02/04	10.9000	BUY	+9.5%	✔	139
01/27	10.7400	SELL	+1.5%	❌	140
01/13	7.6600	BUY	+40.2%	✔ 👍	100

† Trade commissions are taken as 0.20%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Today's recommendation from our system is to SELL. The BEARISH THREE GAP UPS pattern has finally received confirmation because the prices crossed below the confirmation level at 8.4450, and our valid average selling price now stands at 8.4000. The previous BUY signal was issued on 06/24/2025, 7 days ago, when the stock price was 6.9600. Since then, AMWL has risen by +20.69%.

Market Outlook

We may be at a market top or at the beginning of a correction. The market has lost momentum, and traders are now more aligned in their bearish outlook. The compelling evidence suggests it's prudent to consider closing long positions. Today’s candlestick has a black body and its close is below the confirmation level. The bearish pattern that was previously identified is finally confirmed and a <SELL signal is generated. You still have time to act on the signal, and then you can begin evaluating other securities for a potential bullish bet.

Pattern Description

This is a four-day bearish reversal pattern. It consists of three consecutive days, each opening with a gap up. After Three Gap Ups, the market becomes significantly overbought, signaling a potential reversal of the current uptrend. more...

Date	Price	Signal	Change%		$100⇨
07/01	8.4000	SELL	0.0%		389
06/24	6.9600	BUY	+20.7%	✔ 👍	323
06/13	7.0800	SELL	-1.7%	✔	324
06/05	6.9200	BUY	+2.3%	✔	317
05/27	7.3000	SELL	-5.2%	✔	318
05/08	6.8550	BUY	+6.5%	✔	299
05/06	7.0100	SELL	-2.2%	✔	299
04/22	7.3000	BUY	-4.0%	❌	312
04/17	7.0100	SHORT	+4.1%	❌	327
04/14	7.1800	BUY	-2.4%	❌	336
04/11	7.0600	SHORT	+1.7%	❌	344
04/09	7.1700	BUY	-1.5%	❌	350
03/28	7.8200	SHORT	-8.3%	✔	325
03/24	7.9400	BUY	-1.5%	❌	331
03/20	7.8000	SHORT	+1.8%	❌	339
03/17	8.0800	BUY	-3.5%	❌	352
02/21	11.9400	SELL	-32.3%	✔	353
02/04	10.9000	BUY	+9.5%	✔	323
01/27	10.7400	SELL	+1.5%	❌	323
01/13	7.6600	BUY	+40.2%	✔ 👍	231
12/31	7.4000	SHORT	+3.5%	❌	240
12/26	7.7000	BUY	-3.9%	❌	251
12/11	9.4400	SELL	-18.4%	✔	252
11/22	8.0900	BUY	+16.7%	✔ 👍	216
10/25	9.9800	SHORT	-18.9%	✔	182
10/18	10.3400	BUY	-3.5%	❌	190
10/14	10.0700	SELL	+2.7%	❌	190
10/08	9.8200	BUY	+2.5%	✔	186
09/25	9.8000	SELL	+0.2%	❌	186
09/11	8.1100	BUY	+20.8%	✔ 👍	154
09/04	7.7900	SHORT	+4.1%	❌	162
08/30	8.3000	BUY	-6.1%	❌	173
08/27	8.3100	SELL	-0.1%	✔	173
08/16	8.3200	BUY	-0.1%	❌	174
08/13	8.2800	SHORT	+0.5%	❌	175
08/09	8.3600	BUY	-1.0%	❌	178
08/05	9.7700	SELL	-14.4%	✔	178
08/01	8.9200	BUY	+9.5%	✔	163
07/25	8.6050	SELL	+3.7%	❌	163
07/23	8.7900	BUY	-2.1%	❌	167