APPLIED OPTOELECTRONICS INC (AAOI) Stock Technical Analysis
NASDAQ:AAOI - Nasdaq - US03823U1025 - Common Stock - Currency: USD
Taking everything into account, AAOI scores 10 out of 10 in our technical rating. 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 98% of all other stocks. On top of that, AAOI also shows a nice and consistent pattern of rising prices.
AAOI is part of the Communications Equipment industry. There are 48 other stocks in this industry. AAOI outperforms 95% of them.
In the last month AAOI has a been trading in the 16.90 - 31.58 range, which is quite wide. It is currently trading near the high of this range.
AAOI has an average volume of 4887660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
AAOI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AAOI is lagging the market.
AAOI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
18.42
29.71
3 important support areas can be observed.
- Support @29.20 from a trend line in the daily time frame.
- Support @25.35 from a horizontal line in the daily time frame.
- Support @18.61 from a trend line in the daily time frame.
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 | 98.48 | POSITIVE | AAOI has a high relative strength, it outperformed 98.48% 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) | 68.62 | NEUTRAL | The RSI value for AAOI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests AAOI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.44 | NEUTRAL | The Stochastics value for AAOI is a neutral value. |
| Average True Range in percent/ATR (20) | 9.27 | HIGH VOLATILITY | The high ATR as a percentage value for AAOI suggests high volalility. |
| Average Directional Index/ADX (14) | 44.67 | POSITIVE | The high ADX value value for AAOI suggests a strong trend. |
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)
29.42
+0.44 (+1.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg1.5%
1 Week4.14%
2 Weeks10.23%
1 Month75.33%
3 Month175.99%
6 Month-5.19%
12 Month204.08%
2 Year335.85%
3 Year1610.47%
5 Year107.04%
10 Year51.26%
15 YearN/A
Volatility
ATR(14)2.55
ATR(20)%9.27%
ATR Inc-20.97%
Range Today1.5
ADR(20)2.64
ADR(20)%8.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.48
Mansfield2.87
10 Day High31.58
10 Day Low25.73
20 Day High31.58
20 Day Low16.9
52 Week High44.5
52 Week Low6.7
CS1 End29.2
CR1 StartN/A
Volume & EV
DER(3)-1.46%
DER(5)0.06%
Volume3.82M
Volume Incr-38.43%
Vol(5)4.14M
Vol(50)4.89M