AEON BIOPHARMA INC (AEON) Technical Analysis
NYSEARCA:AEON • US00791X2099
Current stock price
AEON Technical Rating and Analysis
Taking everything into account, AEON scores 3 out of 10 in our technical rating. Although AEON is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- In the last month AEON has a been trading in the 0.81 - 1.33 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, AEON did better than 89% of all other stocks.
- AEON is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AEON is lagging the market.
AEON Weekly and Daily overview Charts
AEON Setup Rating and Analysis
AEON has a poor technical rating and the quality of the setup is also not perfect 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
AEON Support and Resistance Analysis
0.65
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.82 to 0.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.68 to 0.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.66 from a horizontal line in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 0.90 to 0.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.10 from a trend line in the daily time frame.
- Resistance @1.17 from a horizontal line in the daily time frame.
- Resistance @1.32 from a trend line in the daily time frame.
- Resistance @1.40 from a horizontal line in the daily time frame.
AEON Technical Indicator Signal Analysis
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 AEON is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AEON is down. |
| ChartMill Relative Strength | 89 | POSITIVE | AEON has a high relative strength, it outperformed 89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AEON is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AEON is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of AEON is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.07 | NEUTRAL | The RSI value for AEON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests AEON has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.57 | OVERSOLD | The low Stochastics value suggests AEON may be oversold. |
| Average True Range in percent/ATR (20) | 12.08 | HIGH VOLATILITY | The high ATR as a percentage value for AEON suggests high volalility. |
| Average Directional Index/ADX (14) | 20.2 | NEUTRAL | The ADX value for AEON suggests a possible start of a new trend. |
AEON Chart- and CandleStick Pattern Analysis
AEON Technicals: Chart, Performance Metrics, Trend & Indicators
0.889
+0.03 (+3.44%)
AEON BIOPHARMA INC / AEON TA FAQ
Can you provide the ChartMill technical rating for AEON BIOPHARMA INC?
ChartMill assigns a technical rating of 3 / 10 to AEON.
What is the current trend direction of AEON BIOPHARMA INC (AEON) stock?
The current trend direction for AEON BIOPHARMA INC (AEON) is Bearish.
Can you provide the RSI signal for AEON BIOPHARMA INC?
AEON BIOPHARMA INC (AEON) has an RSI value of 41.0746. This indicates that the stock is currently neutral.
What is the short term momentum for AEON stock?
The short term momentum for AEON BIOPHARMA INC (AEON) is negative.
Can you provide the buy/sell signal for AEON BIOPHARMA INC?
The buy/sell signal for AEON BIOPHARMA INC (AEON) is sell as both the short term and long term trends are negative.