AIMD Technical Analysis - AINOS INC

Technical Rating and Analysis

Taking everything into account, AIMD scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, AIMD has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!

AIMD is part of the Technology Hardware, Storage & Peripherals industry. There are 34 other stocks in this industry. AIMD outperforms 72% of them.

Looking at the yearly performance, AIMD did better than 91% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.

AIMD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AIMD is lagging the market.

In the last month AIMD has a been trading in the 3.30 - 4.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although AIMD has an excellent technical rating, it 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

2.38

4.03

We found 5 important support areas.

Support @3.47 from a horizontal line in the weekly time frame.
A support zone ranging from 3.37 to 3.38. This zone is formed by a combination of multiple trend lines in the daily time frame.
Support @2.57 from a trend line in the weekly time frame.
Support @2.44 from a horizontal line in the weekly time frame.
Support @2.40 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

A resistance zone ranging from 3.98 to 3.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

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What is Support and Resistance

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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	UP	POSITIVE	The long term trend for AIMD is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for AIMD is up.
ChartMill Relative Strength	91.26	POSITIVE	AIMD has a high relative strength, it outperformed 91.26% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	MIXED	The current price of AIMD is below the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of AIMD is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of AIMD is above the rising SMA(200).
Relative Strength Index/RSI (14)	55.39	NEUTRAL	The RSI value for AIMD is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.02	POSITIVE	The MACD value suggests AIMD has a positive trend, although the MACD value is declining.
Stochastics (14,3)	55.47	NEUTRAL	The Stochastics value for AIMD is a neutral value.
Average True Range in percent/ATR (20)	5.73	HIGH VOLATILITY	The high ATR as a percentage value for AIMD suggests high volalility.
Average Directional Index/ADX (14)	31.17	POSITIVE	The high ADX value value for AIMD suggests a strong trend.