AEHR TEST SYSTEMS (AEHR) Stock Technical Analysis
NASDAQ:AEHR • US00760J1088
Overall AEHR gets a technical rating of 10 out of 10. Both in the recent history as in the last year, AEHR has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, AEHR did better than 98% of all other stocks.
- AEHR is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 97% of 114 stocks in the same industry.
- AEHR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AEHR is lagging the market slightly.
- In the last month AEHR has a been trading in the 22.66 - 43.13 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- AEHR has an average volume of 1230320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although AEHR has an excellent technical rating, it does not offer a high 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
22.93
We found 2 important support areas.
- Support @24.76 from a trend line in the daily time frame.
- Support @23.16 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 | UP | POSITIVE | The long term trend for AEHR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AEHR is up. |
| ChartMill Relative Strength | 98.53 | POSITIVE | AEHR has a high relative strength, it outperformed 98.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AEHR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AEHR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AEHR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.35 | NEUTRAL | The RSI value for AEHR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.05 | POSITIVE | The MACD value suggests AEHR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.97 | OVERBOUGHT | The high Stochastics value suggests AEHR may be overbought. |
| Average True Range in percent/ATR (20) | 10.03 | HIGH VOLATILITY | The high ATR as a percentage value for AEHR suggests high volalility. |
| Average Directional Index/ADX (14) | 26.87 | POSITIVE | The high ADX value value for AEHR suggests a strong trend. |
37.43
-2.37 (-5.95%)
AEHR TEST SYSTEMS / AEHR FAQ
Can you provide the ChartMill technical rating for AEHR TEST SYSTEMS?
ChartMill assigns a technical rating of 10 / 10 to AEHR.
Can you provide the trend direction for AEHR TEST SYSTEMS?
The current trend direction for AEHR TEST SYSTEMS (AEHR) is Bullish.
What is the RSI signal for AEHR stock?
AEHR TEST SYSTEMS (AEHR) has an RSI value of 62.3458. This indicates that the stock is currently neutral.
What is the short term momentum for AEHR TEST SYSTEMS (AEHR) stock?
The short term momentum for AEHR TEST SYSTEMS (AEHR) is positive.
What is the buy/sell signal for AEHR TEST SYSTEMS (AEHR) stock?
The buy/sell signal for AEHR TEST SYSTEMS (AEHR) is buy as both the short term and long term trends are positive.