AUDIOEYE INC (AEYE) Stock Technical Analysis
NASDAQ:AEYE - Nasdaq - US0507342014 - Common Stock - Currency: USD
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.
95% of all other stocks performed better in the past year than AEYE.
AEYE is one of the lesser performing stocks in the Software industry. 82% of 282 stocks in the same industry do better.
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 9.91 - 15.00 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 short term trend is negative, the long term trend is neutral. Not much exciting going on here.
The technical rating of AEYE is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
9.84
14.16
When analyzing the support we notice one important area.
- A support zone ranging from 9.94 to 9.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 12.13 to 12.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.41 from a trend line in the daily time frame.
- Resistance @14.02 from a trend 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 AEYE is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AEYE is down. |
| ChartMill Relative Strength | 5.58 | NEGATIVE | AEYE has a low relative strength, it was outperformed by 94.42% 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) | 34.72 | NEUTRAL | The RSI value for AEYE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests AEYE has a negative trend. |
| Stochastics (14,3) | 4.56 | OVERSOLD | The low Stochastics value suggests AEYE may be oversold. |
| Average True Range in percent/ATR (20) | 9.05 | HIGH VOLATILITY | The high ATR as a percentage value for AEYE suggests high volalility. |
| Average Directional Index/ADX (14) | 18.94 | NEGATIVE | The low ADX value for AEYE suggests a weak or negative 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)
10.1
-1.56 (-13.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-13.38%
1 Week-14.98%
2 Weeks-30.39%
1 Month-13.82%
3 Month-18.94%
6 Month-46.62%
12 Month-53.13%
2 Year111.3%
3 Year59.81%
5 Year-46.98%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.03
ATR(20)%9.05%
ATR Inc46.62%
Range Today1.39
ADR(20)0.87
ADR(20)%8.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.58
Mansfield-4.56
10 Day High14.95
10 Day Low9.91
20 Day High15
20 Day Low9.91
52 Week High34.85
52 Week Low8.91
CS1 End9.96
CR1 Start12.13
Volume & EV
DER(3)-1.14%
DER(5)1.57%
Volume500.60K
Volume Incr70.09%
Vol(5)185.54K
Vol(50)98.41K