Overall AERC gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. AERC was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, AERC is a bad performer in the overall market: 85% of all stocks are doing better.
- AERC is one of the lesser performing stocks in the Building Products industry. 82% of 42 stocks in the same industry do better.
- AERC 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.
- 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 short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- Considerably lower volume is observed in the last couple of days.
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
2.55
5 important support areas can be observed.
- 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.
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. |
3.4
+0.02 (+0.59%)
AEROCLEAN TECHNOLOGIES INC / AERC 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.
What is the RSI signal for AEROCLEAN TECHNOLOGIES INC (AERC) stock?
AEROCLEAN TECHNOLOGIES INC (AERC) has an RSI value of 55.4066. This indicates that the stock is currently neutral.
What is the MACD signal for AERC stock?
The MACD indicator for AEROCLEAN TECHNOLOGIES INC (AERC) has a value of 0.03427, indicating a bearish trend.
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.