AEHR TEST SYSTEMS (AEHR) Stock Technical Analysis
NASDAQ:AEHR • US00760J1088
We assign a technical rating of 9 out of 10 to AEHR. In the last year, AEHR was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, AEHR did better than 97% of all other stocks.
- AEHR is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 91% of 113 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.
- 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 1053970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month AEHR has a been trading in the 22.66 - 37.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AEHR has an excellent technical rating, but the quality of the setup is 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.
More info and screens
22.25
We found 3 important support areas.
- A support zone ranging from 25.23 to 25.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.70 from a trend line in the daily time frame.
- Support @22.47 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 | 97.38 | POSITIVE | AEHR has a high relative strength, it outperformed 97.38% 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) | 54.15 | NEUTRAL | The RSI value for AEHR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests AEHR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 50.8 | NEUTRAL | The Stochastics value for AEHR is a neutral value. |
| Average True Range in percent/ATR (20) | 11.52 | HIGH VOLATILITY | The high ATR as a percentage value for AEHR suggests high volalility. |
| Average Directional Index/ADX (14) | 19.49 | NEGATIVE | The low ADX value for AEHR suggests a weak or negative trend. |
28.84
+0.95 (+3.41%)
AEHR TEST SYSTEMS / AEHR FAQ
Can you provide the ChartMill technical rating for AEHR TEST SYSTEMS?
ChartMill assigns a technical rating of 9 / 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 54.1539. 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.