AAON INC (AAON) Stock Technical Analysis
NASDAQ:AAON - Nasdaq - US0003602069 - Common Stock - Currency: USD
Overall AAON gets a technical rating of 1 out of 10. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, AAON is a bad performer in the overall market: 87% of all stocks are doing better.
AAON is one of the lesser performing stocks in the Building Products industry. 70% of 41 stocks in the same industry do 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 71.41 - 82.62 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days.
AAON has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 73.51, a Stop Loss order could be placed below this zone.
More info and screens
71.06
102.28
When analyzing the support we notice one important area.
- A support zone ranging from 71.78 to 73.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- Resistance @78.69 from a horizontal line in the weekly time frame.
- Resistance @79.99 from a horizontal line in the daily time frame.
- A resistance zone ranging from 90.33 to 90.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @101.27 from a trend 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 | 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 | 13.37 | NEGATIVE | AAON has a low relative strength, it was outperformed by 86.63% off all stocks 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) | 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) | 45.66 | NEUTRAL | The RSI value for AAON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.81 | POSITIVE | The MACD value suggests AAON has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 42.81 | NEUTRAL | The Stochastics value for AAON is a neutral value. |
| Average True Range in percent/ATR (20) | 4.06 | MEDIUM VOLATILITY | The ATR as a percentage value for AAON suggests some volalility. |
| Average Directional Index/ADX (14) | 20.5 | NEUTRAL | The ADX value for AAON suggests a possible start of a new 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)
76
+0.64 (+0.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg0.85%
1 Week2.36%
2 Weeks0.88%
1 Month4.91%
3 Month-13.58%
6 Month-42.73%
12 Month-13.23%
2 Year8.3%
3 Year89.46%
5 Year92.41%
10 Year413.75%
15 Year931.78%
Volatility
ATR(14)3.3
ATR(20)%4.06%
ATR Inc8.7%
Range Today2.92
ADR(20)3.05
ADR(20)%4.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.37
Mansfield-3.05
10 Day High82.62
10 Day Low72.52
20 Day High82.62
20 Day Low71.41
52 Week High144.07
52 Week Low68.98
CS1 End73.51
CR1 Start78.69
Volume & EV
DER(3)0.19%
DER(5)-1.82%
Volume1.28M
Volume Incr13.34%
Vol(5)1.38M
Vol(50)990.36K