AAON INC (AAON) Stock Technical Analysis
USA - NASDAQ:AAON - US0003602069 - Common Stock
91.01 USD
+2.88 (+3.27%)
90.6 USD
-0.41 (-0.45%)
We assign a technical rating of 6 out of 10 to AAON. AAON has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
AAON is one of the better performing stocks in the Building Products industry, it outperforms 77% of 41 stocks in the same industry.
AAON has an average volume of 1332330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, AAON turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
AAON is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AAON is lagging the market.
In the last month AAON has a been trading in the 78.00 - 95.24 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AAON has an average technical rating and the quality of the presented setup is also not ideal 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
71.06
97.65
5 important support areas can be observed.
- A support zone ranging from 82.12 to 82.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @79.55 from a horizontal line in the weekly time frame.
- Support @78.16 from a horizontal line in the daily time frame.
- Support @73.51 from a horizontal line in the daily time frame.
- A support zone ranging from 71.78 to 71.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @91.56 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 93.50 to 94.26. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @96.68 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for AAON is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AAON is up. |
| ChartMill Relative Strength | 51.1 | NEUTRAL | AAON is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AAON is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AAON is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AAON is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.19 | NEUTRAL | The RSI value for AAON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.68 | POSITIVE | The MACD value suggests AAON has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.63 | NEUTRAL | The Stochastics value for AAON is a neutral value. |
| Average True Range in percent/ATR (20) | 4.15 | MEDIUM VOLATILITY | The ATR as a percentage value for AAON suggests some volalility. |
| Average Directional Index/ADX (14) | 12.14 | NEGATIVE | The low ADX value for AAON suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 91.57 | 78.63 | 12.94 (14.13%) | 7.08% |
| An entry @91.57. This is a Buy Stop order right above the resistance zone. | An exit @78.63. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 12.94 points, which is 14.13%. | When investing 7.08% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
91.01
+2.88 (+3.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg3.27%
1 Week-0.6%
2 Weeks10.74%
1 Month6.92%
3 Month23.67%
6 Month16.56%
12 Month-15.02%
2 Year60.03%
3 Year153.37%
5 Year126.58%
10 Year604.41%
15 Year1205.95%
Volatility
ATR(14)4.17
ATR(20)%4.15%
ATR Inc-5.17%
Range Today3.43
ADR(20)3.55
ADR(20)%3.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.1
Mansfield-1.78
10 Day High95.24
10 Day Low78.64
20 Day High95.24
20 Day Low78
52 Week High144.07
52 Week Low62
CS1 End82.94
CR1 Start91.56
Volume & EV
DER(3)-1.65%
DER(5)-2.81%
Volume1.31M
Volume Incr5.29%
Vol(5)1.15M
Vol(50)1.33M