Should You Buy American Woodmark Corp (AMWD) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/28
Not a good buy right now for a beginner long-term investor who wants to deploy capital immediately. AMWD’s trend is still weak (bearish MACD, price sitting near support), fundamentals in the latest quarter deteriorated sharply (revenue, EPS, margins down double-digits), and the most recent analyst action cut the target below the current pre-market price. I would hold off on buying until after the next earnings (2026-02-24 pre-market) or until price reclaims the pivot area (~61.45) with improving momentum.
Technical Analysis
Trend/Momentum: Bearish-to-neutral. MACD histogram is negative (-0.0998) and expanding lower, indicating downside momentum is still building.
RSI: RSI(6) at ~38 is weak (not deeply oversold), consistent with a downtrend that hasn’t clearly reversed.
Moving Averages: Converging MAs suggest a potential base attempt, but no confirmed uptrend.
Key Levels (near-term):
- Support: S1 ~58.74 (very close to current), then S2 ~57.06.
- Resistance/Pivot: Pivot ~61.45 (needs reclaim for trend improvement), then R1 ~64.17.
Interpretation: With price ~59.25 pre-market, AMWD is hovering just above key support; a break below ~58.7 increases risk of a move toward ~57.1. A stronger technical “buy” setup would be a move back above ~61.45 with momentum turning up.