Overall AEON gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. AEON was also a bad performer in the overall market in the last year.
AEON 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.
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0.65
3 important support areas can be observed.
- Support @0.84 from a horizontal line in the daily time frame.
- A support zone ranging from 0.68 to 0.70. 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.
3 important resistance areas can be observed.
- Resistance @1.06 from a trend line in the daily time frame.
- Resistance @1.09 from a horizontal line in the daily time frame.
- Resistance @1.13 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for AEON is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AEON is up. |
| ChartMill Relative Strength | 8.85 | NEGATIVE | AEON has a low relative strength, it was outperformed by 91.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AEON is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AEON is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AEON is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.35 | NEUTRAL | The RSI value for AEON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests AEON has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.22 | OVERBOUGHT | The high Stochastics value suggests AEON may be overbought. |
| Average True Range in percent/ATR (20) | 8.51 | HIGH VOLATILITY | The high ATR as a percentage value for AEON suggests high volalility. |
| Average Directional Index/ADX (14) | 26.67 | POSITIVE | The high ADX value value for AEON suggests a strong trend. |
1.05
+0.02 (+1.94%)
AEON BIOPHARMA INC / AEON FAQ
Can you provide the ChartMill technical rating for AEON BIOPHARMA INC?
ChartMill assigns a technical rating of 4 / 10 to AEON.
What is the trend direction for AEON stock?
The current trend direction for AEON BIOPHARMA INC (AEON) is Bearish.
What is the RSI signal for AEON BIOPHARMA INC (AEON) stock?
AEON BIOPHARMA INC (AEON) has an RSI value of 61.3543. This indicates that the stock is currently neutral.
Can you provide the short term momentum for AEON BIOPHARMA INC?
The short term momentum for AEON BIOPHARMA INC (AEON) is positive.
What is the support and resistance level for AEON stock?
AEON BIOPHARMA INC (AEON) has a support level at 0.84 and a resistance level at 1.06. Check the full technical report for our detailed analysis of AEON support and resistance levels.