ALLIED ESPORTS ENTERTAINMENT (AESE) Stock Technical Analysis
NASDAQ:AESE - Nasdaq - US0191701095 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to AESE. In the past year, AESE was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
AESE is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AESE is lagging the market.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month AESE has a been trading in the 1.14 - 1.44 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, AESE turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
AESE is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 53% of 133 stocks in the same industry.
AESE 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.
More info and screens
1.24
1.64
3 important support areas can be observed.
- A support zone ranging from 1.38 to 1.38. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 1.29 to 1.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.25 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.40 to 1.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.62 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for AESE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AESE is up. |
| ChartMill Relative Strength | 40.79 | NEUTRAL | AESE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AESE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AESE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AESE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.7 | NEUTRAL | The RSI value for AESE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests AESE has a positive trend. |
| Stochastics (14,3) | 63.71 | NEUTRAL | The Stochastics value for AESE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.56 | MEDIUM VOLATILITY | The ATR as a percentage value for AESE suggests some volalility. |
| Average Directional Index/ADX (14) | 22.57 | NEUTRAL | The ADX value for AESE suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:AESE (11/30/2022, 8:17:59 PM)
1.3899
+0.03 (+2.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg2.2%
1 Week5.3%
2 Weeks8.16%
1 Month15%
3 Month-1.43%
6 Month-10.33%
12 Month-27.23%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%4.56%
ATR Inc-24.85%
Range Today0.04
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.79
Mansfield-0.83
10 Day High1.44
10 Day Low1.24
20 Day High1.44
20 Day Low1.14
52 Week High2.04
52 Week Low1.11
CS1 End1.38
CR1 Start1.4
Volume & EV
DER(3)-11.75%
DER(5)-8.81%
Volume38.00K
Volume Incr-19.87%
Vol(5)51.72K
Vol(50)54.57K