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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- 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 one of the better performing stocks in the Communications Equipment industry, it outperforms 93% of 48 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.
- AAOI has an average volume of 7982490 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 42.71 - 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
AAOI has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
AAOI Support and Resistance Analysis
47.30
When analyzing the support we can see 2 important areas.
- A support zone ranging from 86.33 to 86.67. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @47.78 from a trend 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 | UP | POSITIVE | The short term trend for AAOI is up. |
| ChartMill Relative Strength | 99.34 | POSITIVE | AAOI has a high relative strength, it outperformed 99.34% 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) | 56.17 | NEUTRAL | The RSI value for AAOI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.13 | NEGATIVE | The MACD value suggests AAOI has a negative trend. |
| Stochastics (14,3) | 46.95 | NEUTRAL | The Stochastics value for AAOI is a neutral value. |
| Average True Range in percent/ATR (20) | 14 | HIGH VOLATILITY | The high ATR as a percentage value for AAOI suggests high volalility. |
| Average Directional Index/ADX (14) | 43.14 | 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
92.63
+6.3 (+7.3%)
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.
What is the trend direction for AAOI stock?
The current trend direction for APPLIED OPTOELECTRONICS INC (AAOI) is Bullish.
Can you provide the RSI signal for APPLIED OPTOELECTRONICS INC?
APPLIED OPTOELECTRONICS INC (AAOI) has an RSI value of 56.1695. This indicates that the stock is currently neutral.
Can you provide the MACD signal for APPLIED OPTOELECTRONICS INC?
The MACD indicator for APPLIED OPTOELECTRONICS INC (AAOI) has a value of -2.13108, indicating a bearish trend.
Can you provide the short term momentum for APPLIED OPTOELECTRONICS INC?
The short term momentum for APPLIED OPTOELECTRONICS INC (AAOI) is positive.