AAON INC (AAON) Stock Technical Analysis
NASDAQ:AAON - Nasdaq - US0003602069 - Common Stock - Currency: USD
Taking everything into account, AAON scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. AAON was also a bad performer in the overall market in the last year.
86% of all other stocks performed better in the past year than AAON.
AAON is part of the Building Products industry. There are 41 other stocks in this industry, of which 85% are performing better than AAON.
AAON is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month AAON has a been trading in the 62.00 - 88.58 range, which is quite wide. It is currently trading near the high of this range.
AAON has an average volume of 1418040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Volume is considerably higher in the last couple of days.
AAON has a poor technical rating and the quality of the setup is also not perfect 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
100.10
3 important support areas can be observed.
- A support zone ranging from 80.83 to 82.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 73.51 to 73.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 71.78 to 72.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @83.37 from a horizontal line in the weekly time frame.
- Resistance @85.88 from a trend line in the weekly time frame.
- Resistance @88.29 from a horizontal line in the daily time frame.
- Resistance @99.11 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 | UP | POSITIVE | The short term trend for AAON is up. |
| ChartMill Relative Strength | 14.35 | NEGATIVE | AAON has a low relative strength, it was outperformed by 85.65% 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 | MIXED | The current price of AAON is above 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) | 52.93 | NEUTRAL | The RSI value for AAON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.37 | POSITIVE | The MACD value suggests AAON has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.76 | OVERBOUGHT | The high Stochastics value suggests AAON may be overbought. |
| Average True Range in percent/ATR (20) | 5.49 | HIGH VOLATILITY | The high ATR as a percentage value for AAON suggests high volalility. |
| Average Directional Index/ADX (14) | 15.98 | 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)
83.11
-5.18 (-5.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg-5.87%
1 Week0.46%
2 Weeks-0.47%
1 Month4.59%
3 Month-22.23%
6 Month-26.56%
12 Month-6.29%
2 Year31.8%
3 Year116.88%
5 Year118.98%
10 Year502.83%
15 Year1164.06%
Volatility
ATR(14)5
ATR(20)%5.49%
ATR Inc21.39%
Range Today4.36
ADR(20)4.02
ADR(20)%4.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.35
Mansfield-2.52
10 Day High88.58
10 Day Low62
20 Day High88.58
20 Day Low62
52 Week High144.07
52 Week Low62
CS1 End82.92
CR1 Start83.37
Volume & EV
DER(3)-0.75%
DER(5)-1.24%
Volume1.28M
Volume Incr155.13%
Vol(5)3.16M
Vol(50)1.42M