APPLIED OPTOELECTRONICS INC (AAOI)

US03823U1025 - Common Stock

10.85  +0.19 (+1.78%)

After market: 10.81 -0.04 (-0.37%)

Technical Rating and Analysis

3

Taking everything into account, AAOI scores 3 out of 10 in our technical rating. Although AAOI is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
In the last month AAOI has a been trading in the 10.45 - 14.69 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
When comparing the yearly performance of all stocks, we notice that AAOI is one of the better performing stocks in the market, outperforming 99% of all stocks.
AAOI is part of the Communications Equipment industry. There are 54 other stocks in this industry. AAOI outperforms 98% of them.
AAOI has an average volume of 2623500 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 trading in the upper part of its 52 week range, so AAOI is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
AAOI Weekly chart
AAOI Daily chart
Setup Rating and Analysis

3

The technical rating of AAOI is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

10.74

12.25

3 important resistance areas can be observed.

  • Resistance @10.95 from a trend line in the daily time frame.
  • A resistance zone ranging from 11.37 to 11.42. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 11.98 to 12.13. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS99.3
Mansfield-1.3
10 Day High13.2
10 Day Low10.45
20 Day High14.69
20 Day Low10.45
52 Week High24.75
52 Week Low1.6
Performance
1 Week-10.48%
2 Weeks-3.38%
1 Month-21.72%
3 Month-27.62%
6 Month54.12%
12 Month459.28%
2 Year322.18%
3 Year46.42%
5 Year-13.34%
10 Year-51.78%
15 YearN/A
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
RSI(14)35.37
LBB10.49
UBB12.46
AAOI Daily chart

APPLIED OPTOELECTRONICS INC

NASDAQ:AAOI (4/26/2024, 7:00:00 PM)

After market: 10.81 -0.04 (-0.37%)

10.85

+0.19 (+1.78%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg1.78%
1 Week-10.48%
2 Weeks-3.38%
1 Month-21.72%
3 Month-27.62%
6 Month54.12%
12 Month459.28%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.8
ATR(20)%7.23%
ATR Inc
Range Today0.68
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 High13.2
10 Day Low10.45
20 Day High14.69
20 Day Low10.45
52 Week High24.75
52 Week Low1.6
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.51M
Volume Incr-1.45%
Vol(5)1.55M
Vol(50)2.62M