AEHR TEST SYSTEMS (AEHR) Stock Technical Analysis
NASDAQ:AEHR - Nasdaq - US00760J1088 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to AEHR. In the past year, AEHR was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
AEHR is part of the Semiconductors & Semiconductor Equipment industry. There are 110 other stocks in this industry. AEHR outperforms 73% of them.
In the last month AEHR has a been trading in the 8.31 - 12.61 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, AEHR outperforms 54% of them, which is more or less in line with the market.
AEHR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AEHR is lagging the market slightly.
Volume is considerably higher in the last couple of days.
AEHR has an average technical rating and it also 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
8.66
15.74
When analyzing the support we can see 3 important areas.
- A support zone ranging from 11.29 to 11.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.37 from a trend line in the daily time frame.
- Support @8.75 from a trend line in the daily time frame.
We can see 4 important resistance areas.
- Resistance @11.35 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 12.05 to 12.22. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 12.47 to 12.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @15.58 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for AEHR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AEHR is up. |
| ChartMill Relative Strength | 54.27 | NEUTRAL | AEHR is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of AEHR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.88 | NEUTRAL | The RSI value for AEHR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests AEHR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.23 | NEUTRAL | The Stochastics value for AEHR is a neutral value. |
| Average True Range in percent/ATR (20) | 6.51 | HIGH VOLATILITY | The high ATR as a percentage value for AEHR suggests high volalility. |
| Average Directional Index/ADX (14) | 32 | POSITIVE | The high ADX value value for AEHR 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)
11.32
-0.6 (-5.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-5.03%
1 Week-0.18%
2 Weeks18.66%
1 Month21.85%
3 Month21.2%
6 Month-1.82%
12 Month-14.31%
2 Year-72.56%
3 Year50.93%
5 Year479.03%
10 Year396.49%
15 Year495.79%
Volatility
ATR(14)0.85
ATR(20)%6.51%
ATR Inc15.67%
Range Today0.64
ADR(20)0.68
ADR(20)%6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.27
Mansfield-1.06
10 Day High12.61
10 Day Low9.38
20 Day High12.61
20 Day Low8.31
52 Week High21.44
52 Week Low6.27
CS1 End11.31
CR1 Start11.35
Volume & EV
DER(3)-3.44%
DER(5)-2.14%
Volume859.60K
Volume Incr90.47%
Vol(5)1.18M
Vol(50)728.80K