AAON INC (AAON) Stock Technical Analysis
USA - NASDAQ:AAON - US0003602069 - Common Stock
We assign a technical rating of 4 out of 10 to AAON. In the last year, AAON was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
AAON has an average technical rating and also 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
71.27
When analyzing the support we can see 5 important areas.
- A support zone ranging from 92.76 to 94.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @89.93 from a horizontal line in the daily time frame.
- Support @88.13 from a horizontal line in the daily time frame.
- Support @73.51 from a horizontal line in the daily time frame.
- Support @71.99 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 104.20 to 106.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for AAON is neutral. |
| ChartMill Relative Strength | 28.46 | NEGATIVE | AAON has a low relative strength, it was outperformed by 71.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AAON is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AAON is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of AAON is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.75 | NEUTRAL | The RSI value for AAON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.82 | NEGATIVE | The MACD value suggests AAON has a negative trend. |
| Stochastics (14,3) | 30.38 | NEUTRAL | The Stochastics value for AAON is a neutral value. |
| Average True Range in percent/ATR (20) | 6.42 | HIGH VOLATILITY | The high ATR as a percentage value for AAON suggests high volalility. |
| Average Directional Index/ADX (14) | 19.46 | NEGATIVE | The low ADX value for AAON suggests a weak or negative trend. |
94.04
-1.13 (-1.19%)
AAON INC / AAON FAQ
Can you provide the ChartMill technical rating for AAON INC?
ChartMill assigns a technical rating of 4 / 10 to AAON.
Can you provide the trend direction for AAON INC?
The current trend direction for AAON INC (AAON) is Bearish.
Can you provide the RSI signal for AAON INC?
AAON INC (AAON) has an RSI value of 43.7539. This indicates that the stock is currently neutral.
What is the short term momentum for AAON stock?
The short term momentum for AAON INC (AAON) is neutral.
What are the support and resistance levels for AAON INC (AAON) stock?
AAON INC (AAON) has a support level at 94.03 and a resistance level at 104.2. Check the full technical report for our detailed analysis of AAON support and resistance levels.