AUDIOEYE INC (AEYE) Technical Analysis
NASDAQ:AEYE • US0507342014
Current stock price
AEYE Technical Rating and Analysis
Taking everything into account, AEYE scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. AEYE was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, AEYE is a bad performer in the overall market: 92% of all stocks are doing better.
- AEYE is part of the Software industry. There are 272 other stocks in this industry, of which 68% are performing better than AEYE.
- AEYE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month AEYE has a been trading in the 5.31 - 7.49 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.
AEYE Weekly and Daily overview Charts
AEYE Setup Rating and Analysis
AEYE has a poor technical rating and the quality of the setup is also only medium 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
AEYE Support and Resistance Analysis
6.02
When analyzing the support we can see 2 important areas.
- A support zone ranging from 6.46 to 6.55. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 6.08 to 6.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 7.14 to 7.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.35 from a trend line in the weekly time frame.
- Resistance @13.08 from a trend line in the weekly time frame.
AEYE 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 AEYE is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AEYE is up. |
| ChartMill Relative Strength | 8.63 | NEGATIVE | AEYE has a low relative strength, it was outperformed by 91.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AEYE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AEYE is above 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) | 59.08 | NEUTRAL | The RSI value for AEYE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests AEYE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.8 | NEUTRAL | The Stochastics value for AEYE is a neutral value. |
| Average True Range in percent/ATR (20) | 6.76 | HIGH VOLATILITY | The high ATR as a percentage value for AEYE suggests high volalility. |
| Average Directional Index/ADX (14) | 26.67 | POSITIVE | The high ADX value value for AEYE suggests a strong trend. |
AEYE Chart- and CandleStick Pattern Analysis
AEYE Technicals: Chart, Performance Metrics, Trend & Indicators
7.13
+0.24 (+3.48%)
AUDIOEYE INC / AEYE TA FAQ
What is the technical rating for AEYE stock?
ChartMill assigns a technical rating of 2 / 10 to AEYE.
What is the trend direction for AEYE stock?
The current trend direction for AUDIOEYE INC (AEYE) is Bearish.
What is the RSI signal for AEYE stock?
AUDIOEYE INC (AEYE) has an RSI value of 59.0757. This indicates that the stock is currently neutral.
What is the buy/sell signal for AEYE stock?
The buy/sell signal for AUDIOEYE INC (AEYE) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for AUDIOEYE INC (AEYE) stock?
AUDIOEYE INC (AEYE) has a support level at 6.55 and a resistance level at 7.14. Check the full technical report for our detailed analysis of AEYE support and resistance levels.