ALSET INC (AEI) Stock Technical Analysis
USA - NASDAQ:AEI - US02115D2080 - Common Stock
We assign a technical rating of 8 out of 10 to AEI. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AEI is showing a nice and steady performance.
AEI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for AEI in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
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When analyzing the support we can see 3 important areas.
- Support @2.51 from a trend line in the daily time frame.
- A support zone ranging from 2.44 to 2.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.62 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @2.96 from a horizontal 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 AEI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AEI is neutral. |
| ChartMill Relative Strength | 95.16 | POSITIVE | AEI has a high relative strength, it outperformed 95.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AEI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AEI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AEI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.08 | NEUTRAL | The RSI value for AEI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests AEI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.85 | NEUTRAL | The Stochastics value for AEI is a neutral value. |
| Average True Range in percent/ATR (20) | 9.03 | HIGH VOLATILITY | The high ATR as a percentage value for AEI suggests high volalility. |
| Average Directional Index/ADX (14) | 22.87 | NEUTRAL | The ADX value for AEI suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.97 | 2.50 | 0.47 (15.82%) | 6.32% |
| An entry @2.97. This is a Buy Stop order right above the resistance zone. | An exit @2.50. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.47 points, which is 15.82%. | When investing 6.32% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
2.81
+0.26 (+10.2%)
ALSET INC / AEI FAQ
What is the technical rating for AEI stock?
ChartMill assigns a technical rating of 8 / 10 to AEI.
What is the current trend direction of ALSET INC (AEI) stock?
The current trend direction for ALSET INC (AEI) is Bullish.
What is the RSI signal for AEI stock?
ALSET INC (AEI) has an RSI value of 55.0823. This indicates that the stock is currently neutral.
What is the short term momentum for AEI stock?
The short term momentum for ALSET INC (AEI) is neutral.