We assign a technical rating of 0 out of 10 to AEYE. AEYE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, AEYE is a bad performer in the overall market: 94% of all stocks are doing better.
- AEYE is part of the Software industry. There are 278 other stocks in this industry, of which 77% are performing better than AEYE.
- AEYE 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 AEYE has a been trading in the 8.63 - 10.84 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, AEYE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 10.00. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for AEYE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
9.33
When analyzing the support we notice one important area.
- A support zone ranging from 9.42 to 9.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 10.00 to 10.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 11.08 to 11.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @14.18 from a trend 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 AEYE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AEYE is down. |
| ChartMill Relative Strength | 6.02 | NEGATIVE | AEYE has a low relative strength, it was outperformed by 93.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AEYE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AEYE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AEYE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.41 | NEUTRAL | The RSI value for AEYE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests AEYE has a positive trend. |
| Stochastics (14,3) | 45.73 | NEUTRAL | The Stochastics value for AEYE is a neutral value. |
| Average True Range in percent/ATR (20) | 5.27 | HIGH VOLATILITY | The high ATR as a percentage value for AEYE suggests high volalility. |
| Average Directional Index/ADX (14) | 37.51 | POSITIVE | The high ADX value value for AEYE suggests a strong trend. |
9.46
-0.03 (-0.32%)
AUDIOEYE INC / AEYE FAQ
What is the technical rating for AEYE stock?
ChartMill assigns a technical rating of 0 / 10 to AEYE.
What is the trend direction for AEYE stock?
The current trend direction for AUDIOEYE INC (AEYE) is Bearish.
Can you provide the RSI signal for AUDIOEYE INC?
AUDIOEYE INC (AEYE) has an RSI value of 38.4144. This indicates that the stock is currently neutral.
What is the MACD signal for AUDIOEYE INC (AEYE) stock?
The MACD indicator for AUDIOEYE INC (AEYE) has a value of 0.0714192, indicating a bearish trend.
What is the support and resistance level for AEYE stock?
AUDIOEYE INC (AEYE) has a support level at 9.42 and a resistance level at 10. Check the full technical report for our detailed analysis of AEYE support and resistance levels.