AEGON NV (AEK) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:AEK • US0079246080
We assign a technical rating of 0 out of 10 to AEK. AEK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, AEK is a bad performer in the overall market: 70% of all stocks are doing better.
- AEK is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- AEK is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- In the last month AEK has a been trading in a tight range between 24.97 and 25.74.
- Considerably lower volume is observed in the last couple of days.
AEK has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 24.98, a Stop Loss order could be placed below this zone.
More info and screens
24.72
When analyzing the support we notice one important area.
- A support zone ranging from 24.97 to 24.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 25.74 to 26.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 26.43 to 26.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 AEK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AEK is down. |
| ChartMill Relative Strength | 30.43 | NEUTRAL | AEK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AEK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AEK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AEK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 22.39 | OVERSOLD | The low RSI value suggests AEK may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests AEK has a positive trend. |
| Stochastics (14,3) | 4.2 | OVERSOLD | The low Stochastics value suggests AEK may be oversold. |
| Average True Range in percent/ATR (20) | 0.25 | LOW VOLATILITY | The low ATR as a percentage value for AEK suggests low volalility. |
NYSE:AEK (5/14/2018, 8:04:00 PM)
24.99
-0.01 (-0.02%)
AEGON NV / AEK FAQ
What is the ChartMill technical rating of AEGON NV (AEK) stock?
ChartMill assigns a technical rating of 0 / 10 to AEK.
What is the current trend direction of AEGON NV (AEK) stock?
The current trend direction for AEGON NV (AEK) is Bearish.
Can you provide the RSI signal for AEGON NV?
AEGON NV (AEK) has an RSI value of 22.3931. This indicates that the stock is currently oversold.
Can you provide the MACD signal for AEGON NV?
The MACD indicator for AEGON NV (AEK) has a value of 0.0212457, indicating a bearish trend.
What is the short term momentum for AEK stock?
The short term momentum for AEGON NV (AEK) is negative.