AUDIOEYE INC (AEYE) Technical Analysis
NASDAQ:AEYE • US0507342014
Taking everything into account, AEYE scores 0 out of 10 in our technical rating. 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.
- 96% of all other stocks performed better in the past year than AEYE.
- AEYE is one of the lesser performing stocks in the Software industry. 80% of 277 stocks in the same industry do better.
- AEYE is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so AEYE is lagging the market.
- In the last month AEYE has a been trading in the 5.50 - 9.27 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of AEYE is bad and it also does not present a 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
5.46
We can see 3 important resistance areas.
- Resistance @7.42 from a trend line in the daily time frame.
- Resistance @9.27 from a trend line in the weekly time frame.
- Resistance @12.77 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 | 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 | 4.53 | NEGATIVE | AEYE has a low relative strength, it was outperformed by 95.47% 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) | 30.26 | NEUTRAL | The RSI value for AEYE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests AEYE has a negative trend. |
| Stochastics (14,3) | 7.43 | OVERSOLD | The low Stochastics value suggests AEYE may be oversold. |
| Average True Range in percent/ATR (20) | 10.69 | HIGH VOLATILITY | The high ATR as a percentage value for AEYE suggests high volalility. |
| Average Directional Index/ADX (14) | 37.86 | POSITIVE | The high ADX value value for AEYE suggests a strong trend. |
AEYE Technicals: Chart, Performance Metrics, Trend & Indicators
5.52
-0.36 (-6.12%)
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 30.2569. 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 -0.0514087, indicating a bearish trend.
What is the support and resistance level for AEYE stock?
AUDIOEYE INC (AEYE) has a resistance level at 7.42. Check the full technical report for our detailed analysis of AEYE support and resistance levels.