AEON BIOPHARMA INC (AEON) Stock Technical Analysis
USA - NYSEARCA:AEON - US00791X2099 - Common Stock
We assign a technical rating of 3 out of 10 to AEON. AEON scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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.
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0.83
When analyzing the support we notice one important area.
- A support zone ranging from 0.84 to 0.85. 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 AEON is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AEON is down. |
| ChartMill Relative Strength | 5.56 | NEGATIVE | AEON has a low relative strength, it was outperformed by 94.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AEON is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AEON is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AEON is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.22 | NEUTRAL | The RSI value for AEON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests AEON has a negative trend. |
| Stochastics (14,3) | 3.14 | OVERSOLD | The low Stochastics value suggests AEON may be oversold. |
| Average True Range in percent/ATR (20) | 16.12 | HIGH VOLATILITY | The high ATR as a percentage value for AEON suggests high volalility. |
| Average Directional Index/ADX (14) | 25.25 | POSITIVE | The high ADX value value for AEON suggests a strong trend. |
0.85
+0.01 (+0.71%)
AEON BIOPHARMA INC / AEON 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 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 44.217. 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 negative.
What is the support and resistance level for AEON stock?
AEON BIOPHARMA INC (AEON) has a support level at 0.85. Check the full technical report for our detailed analysis of AEON support and resistance levels.