We assign a technical rating of 1 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.
AAON has a poor technical rating and the quality of the setup is also 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.
71.06
We found 3 important support areas.
When analyzing the resistance we notice 4 important areas.
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 | NEUTRAL | NEUTRAL | The short term trend for AAON is neutral. |
| ChartMill Relative Strength | 12.22 | NEGATIVE | AAON has a low relative strength, it was outperformed by 87.78% 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) | 53.88 | NEUTRAL | The RSI value for AAON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.28 | POSITIVE | The MACD value suggests AAON has a positive trend. |
| Stochastics (14,3) | 67.38 | NEUTRAL | The Stochastics value for AAON is a neutral value. |
| Average True Range in percent/ATR (20) | 4.44 | MEDIUM VOLATILITY | The ATR as a percentage value for AAON suggests some volalility. |
| Average Directional Index/ADX (14) | 24.44 | NEUTRAL | The ADX value for AAON suggests a possible start of a new trend. |
83.32
+3.51 (+4.4%)
ChartMill assigns a technical rating of 1 / 10 to AAON.
The current trend direction for AAON INC (AAON) is Bearish.
AAON INC (AAON) has an RSI value of 53.8845. This indicates that the stock is currently neutral.
The short term momentum for AAON INC (AAON) is neutral.