AEROCLEAN TECHNOLOGIES INC (AERC) Technical Analysis
NASDAQ:AERC • US0077441055
Current stock price
AERC Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to AERC. In the past year, AERC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 85% of all other stocks performed better in the past year than AERC.
- AERC is part of the Building Products industry. There are 42 other stocks in this industry, of which 60% are performing better than AERC.
- AERC is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so AERC is lagging the market.
- In the last month AERC has a been trading in the 2.84 - 3.54 range, which is quite wide. It is currently trading near the high of this range.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Considerably lower volume is observed in the last couple of days.
AERC Weekly and Daily overview Charts
AERC Setup Rating and Analysis
AERC 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.
More info and screens
AERC Support and Resistance Analysis
2.55
When analyzing the support we can see 5 important areas.
- A support zone ranging from 3.18 to 3.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @3.01 from a trend line in the weekly time frame.
- A support zone ranging from 2.91 to 2.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.83 from a trend line in the daily time frame.
- Support @2.58 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @3.41 from a horizontal line in the daily time frame.
- Resistance @3.62 from a trend line in the daily time frame.
- Resistance @3.72 from a horizontal line in the weekly time frame.
AERC 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 AERC is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AERC is up. |
| ChartMill Relative Strength | 15.48 | NEGATIVE | AERC has a low relative strength, it was outperformed by 84.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AERC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AERC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AERC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.41 | NEUTRAL | The RSI value for AERC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests AERC has a positive trend. |
| Stochastics (14,3) | 82.74 | OVERBOUGHT | The high Stochastics value suggests AERC may be overbought. |
| Average True Range in percent/ATR (20) | 6.08 | HIGH VOLATILITY | The high ATR as a percentage value for AERC suggests high volalility. |
| Average Directional Index/ADX (14) | 9.9 | NEGATIVE | The low ADX value for AERC suggests a weak or negative trend. |
AERC Chart- and CandleStick Pattern Analysis
AERC Technicals: Chart, Performance Metrics, Trend & Indicators
3.4
+0.02 (+0.59%)
AEROCLEAN TECHNOLOGIES INC / AERC TA FAQ
Can you provide the ChartMill technical rating for AEROCLEAN TECHNOLOGIES INC?
ChartMill assigns a technical rating of 2 / 10 to AERC.
What is the trend direction for AERC stock?
The current trend direction for AEROCLEAN TECHNOLOGIES INC (AERC) is Bearish.
Can you provide the RSI signal for AEROCLEAN TECHNOLOGIES INC?
AEROCLEAN TECHNOLOGIES INC (AERC) has an RSI value of 55.4066. This indicates that the stock is currently neutral.
What is the buy/sell signal for AERC stock?
The buy/sell signal for AEROCLEAN TECHNOLOGIES INC (AERC) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for AEROCLEAN TECHNOLOGIES INC (AERC) stock?
AEROCLEAN TECHNOLOGIES INC (AERC) has a support level at 3.2 and a resistance level at 3.41. Check the full technical report for our detailed analysis of AERC support and resistance levels.