AAON INC (AAON) Stock Technical Analysis
NASDAQ:AAON - Nasdaq - US0003602069 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to AAON. AAON scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, AAON is a bad performer in the overall market: 75% of all stocks are doing better.
AAON is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month AAON has a been trading in the 71.77 - 106.81 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
AAON is part of the Building Products industry. There are 41 other stocks in this industry, AAON did better than 52% of them.
The technical rating of AAON 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.
More info and screens
72.26
100.34
When analyzing the support we notice one important area.
- A support zone ranging from 72.99 to 73.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 92.31 to 92.31. 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 98.80 to 99.35. 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 | DOWN | NEGATIVE | The long term trend for AAON is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AAON is down. |
| ChartMill Relative Strength | 25.24 | NEGATIVE | AAON has a low relative strength, it was outperformed by 74.76% 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) | DOWN | NEGATIVE | The current price of AAON is below a declining 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) | 24.28 | OVERSOLD | The low RSI value suggests AAON may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.13 | NEGATIVE | The MACD value suggests AAON has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 3.81 | OVERSOLD | The low Stochastics value suggests AAON may be oversold. |
| Average True Range in percent/ATR (20) | 5.05 | HIGH VOLATILITY | The high ATR as a percentage value for AAON suggests high volalility. |
| Average Directional Index/ADX (14) | 30.28 | POSITIVE | The high ADX value value for AAON suggests a strong 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)
73.71
+0.72 (+0.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg0.99%
1 Week-21.55%
2 Weeks-21.64%
1 Month-31.03%
3 Month-7.46%
6 Month-40.62%
12 Month-7.03%
2 Year16.62%
3 Year101.91%
5 Year103.66%
10 Year390.96%
15 Year967.23%
Volatility
ATR(14)4.02
ATR(20)%5.05%
ATR Inc-4.73%
Range Today5.15
ADR(20)3.63
ADR(20)%4.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.24
Mansfield-3.11
10 Day High97.99
10 Day Low71.77
20 Day High106.81
20 Day Low71.77
52 Week High144.07
52 Week Low68.98
CS1 End73.51
CR1 Start92.31
Volume & EV
DER(3)-0.61%
DER(5)-0.63%
Volume1.19M
Volume Incr272.12%
Vol(5)1.81M
Vol(50)802.65K