APPLIED OPTOELECTRONICS INC (AAOI) Technical Analysis
NASDAQ:AAOI • US03823U1025
Current stock price
AAOI Technical Rating and Analysis
Overall AAOI gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AAOI is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, AAOI did better than 99% of all other stocks.
- AAOI is part of the Communications Equipment industry. There are 46 other stocks in this industry. AAOI outperforms 97% of them.
- A new 52 week high is currently being made by AAOI, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month AAOI has a been trading in the 105.10 - 191.87 range, which is quite wide. It is currently trading near the high of this range.
- AAOI has an average volume of 12274100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
AAOI Weekly and Daily overview Charts
AAOI Setup Rating and Analysis
Although AAOI has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
AAOI Support and Resistance Analysis
112.92
We found 2 important support areas.
- A support zone ranging from 145.58 to 147.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 114.06 to 115.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
AAOI Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for AAOI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AAOI is up. |
| ChartMill Relative Strength | 99.74 | POSITIVE | AAOI has a high relative strength, it outperformed 99.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AAOI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AAOI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AAOI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.59 | NEUTRAL | The RSI value for AAOI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.53 | POSITIVE | The MACD value suggests AAOI has a positive trend. |
| Stochastics (14,3) | 72.79 | NEUTRAL | The Stochastics value for AAOI is a neutral value. |
| Average True Range in percent/ATR (20) | 9.67 | HIGH VOLATILITY | The high ATR as a percentage value for AAOI suggests high volalility. |
| Average Directional Index/ADX (14) | 36.99 | POSITIVE | The high ADX value value for AAOI suggests a strong trend. |
AAOI Chart- and CandleStick Pattern Analysis
AAOI Technicals: Chart, Performance Metrics, Trend & Indicators
183.51
+19.15 (+11.65%)
APPLIED OPTOELECTRONICS INC / AAOI TA FAQ
Can you provide the ChartMill technical rating for APPLIED OPTOELECTRONICS INC?
ChartMill assigns a technical rating of 10 / 10 to AAOI.
Can you provide the trend direction for APPLIED OPTOELECTRONICS INC?
The current trend direction for APPLIED OPTOELECTRONICS INC (AAOI) is Bullish.
What is the RSI signal for AAOI stock?
APPLIED OPTOELECTRONICS INC (AAOI) has an RSI value of 66.591. This indicates that the stock is currently neutral.
What is the MACD signal for AAOI stock?
The MACD indicator for APPLIED OPTOELECTRONICS INC (AAOI) has a value of 0.527388, indicating a bearish trend.
What is the support and resistance level for AAOI stock?
APPLIED OPTOELECTRONICS INC (AAOI) has a support level at 147.38. Check the full technical report for our detailed analysis of AAOI support and resistance levels.