APPLIED OPTOELECTRONICS INC (AAOI) Technical Analysis
NASDAQ:AAOI • US03823U1025
Current stock price
AAOI Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to AAOI. 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.
- 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, AAOI did better than 99% of all other stocks. On top of that, AAOI also shows a nice and consistent pattern of rising prices.
- AAOI is one of the better performing stocks in the Communications Equipment industry, it outperforms 95% of 47 stocks in the same industry.
- AAOI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so AAOI is performing more or less in line with the market.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- AAOI has an average volume of 10028400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month AAOI has a been trading in the 78.58 - 128.96 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AAOI Weekly and Daily overview Charts
AAOI Setup Rating and Analysis
Besides having an excellent technical rating, AAOI also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
AAOI Support and Resistance Analysis
87.96
We found 1 important support area.
- Support @88.85 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @114.41 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for AAOI is neutral. |
| ChartMill Relative Strength | 99.66 | POSITIVE | AAOI has a high relative strength, it outperformed 99.66% 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) | 58.1 | NEUTRAL | The RSI value for AAOI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.78 | NEGATIVE | The MACD value suggests AAOI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 51.43 | NEUTRAL | The Stochastics value for AAOI is a neutral value. |
| Average True Range in percent/ATR (20) | 13.37 | HIGH VOLATILITY | The high ATR as a percentage value for AAOI suggests high volalility. |
| Average Directional Index/ADX (14) | 27.86 | 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
107.45
+3.54 (+3.41%)
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 58.0959. 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 -1.77994, indicating a bearish trend.
What is the support and resistance level for AAOI stock?
APPLIED OPTOELECTRONICS INC (AAOI) has a support level at 88.85 and a resistance level at 114.41. Check the full technical report for our detailed analysis of AAOI support and resistance levels.