SMITH (A.O.) CORP (AOS)

US8318652091 - Common Stock

85.68  +0.32 (+0.37%)

After market: 85.68 0 (0%)

Technical Rating and Analysis

6

Taking everything into account, AOS scores 6 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, AOS did better than 74% of all other stocks. We also observe that the gains produced by AOS over the past year are nicely spread over this period.
AOS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AOS is lagging the market slightly.
In the last month AOS has a been trading in the 80.64 - 88.77 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
AOS is part of the Building Products industry. There are 43 other stocks in this industry, AOS did better than 42% of them.
Weekly and Daily overview Charts
AOS Weekly chart
AOS Daily chart
Setup Rating and Analysis

8

AOS has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 85.23, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

63.95

90.78

We found 4 important support areas.

  • A support zone ranging from 82.79 to 85.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @80.27 from a trend line in the daily time frame.
  • A support zone ranging from 75.10 to 75.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @64.60 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 89.46 to 89.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.84
Mansfield-0.12
10 Day High87.83
10 Day Low84.78
20 Day High88.77
20 Day Low80.64
52 Week High89.96
52 Week Low63.88
Performance
1 Week-0.81%
2 Weeks1.62%
1 Month-0.45%
3 Month6.98%
6 Month12.18%
12 Month25.23%
2 Year42.52%
3 Year20.56%
5 Year111.56%
10 Year247.02%
15 Year1614.17%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.15
RSI(14)50.33
LBB82.63
UBB87.73
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
85.9184.771.14 (1.33%)25.00%
An entry @85.91. This is a Buy Stop order right above the 10 day moving average.An exit @84.77. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 1.14 points, which is 1.33%.For a 0.33% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of AOS. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AOS Daily chart

SMITH (A.O.) CORP

NYSE:AOS (5/17/2024, 7:04:00 PM)

After market: 85.68 0 (0%)

85.68

+0.32 (+0.37%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg0.37%
1 Week-0.81%
2 Weeks1.62%
1 Month-0.45%
3 Month6.98%
6 Month12.18%
12 Month25.23%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.2
ATR(20)%1.89%
ATR Inc
Range Today0.88
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High87.83
10 Day Low84.78
20 Day High88.77
20 Day Low80.64
52 Week High89.96
52 Week Low63.88
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume634.80K
Volume Incr-39.59%
Vol(5)624.02K
Vol(50)948.62K