NYSE:AA - New York Stock Exchange, Inc. - US0138721065 - Common Stock - Currency: USD
Taking everything into account, AA scores 2 out of 10 in our technical rating. AA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, AA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 27.13, a Stop Loss order could be placed below this zone.
23.27
2 important support areas can be observed.
2 important resistance areas can be observed.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for AA is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AA is neutral. |
ChartMill Relative Strength | 12.15 | NEGATIVE | AA has a low relative strength, it was outperformed by 87.85% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AA is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AA is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 48.7 | NEUTRAL | The RSI value for AA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests AA has a negative trend. |
Stochastics (14,3) | 59.19 | NEUTRAL | The Stochastics value for AA is a neutral value. |
Average True Range in percent/ATR (20) | 3.48 | MEDIUM VOLATILITY | The ATR as a percentage value for AA suggests some volalility. |
Average Directional Index/ADX (14) | 16.07 | NEGATIVE | The low ADX value for AA suggests a weak or negative trend. |
27.86
-0.49 (-1.73%)