ALBANY INTL CORP-CL A (AIN) Stock Technical Analysis
NYSE:AIN - New York Stock Exchange, Inc. - US0123481089 - Common Stock - Currency: USD
Taking everything into account, AIN scores 0 out of 10 in our technical rating. AIN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
88% of all other stocks performed better in the past year than AIN.
AIN is one of the lesser performing stocks in the Machinery industry. 84% of 127 stocks in the same industry do better.
AIN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AIN is lagging the market.
In the last month AIN has a been trading in the 50.60 - 72.92 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AIN has a poor technical rating and the quality of the setup is also not perfect 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
63.07
89.24
When analyzing the resistance we notice 4 important areas.
- Resistance @71.08 from a trend line in the daily time frame.
- A resistance zone ranging from 72.23 to 72.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @74.62 from a horizontal line in the daily time frame.
- Resistance @88.36 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 AIN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AIN is down. |
| ChartMill Relative Strength | 12.05 | NEGATIVE | AIN has a low relative strength, it was outperformed by 87.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AIN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AIN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AIN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.47 | NEUTRAL | The RSI value for AIN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests AIN has a positive trend. |
| Stochastics (14,3) | 59.89 | NEUTRAL | The Stochastics value for AIN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.25 | MEDIUM VOLATILITY | The ATR as a percentage value for AIN suggests some volalility. |
| Average Directional Index/ADX (14) | 27.25 | POSITIVE | The high ADX value value for AIN suggests a strong 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)
63.71
-1.68 (-2.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-2.57%
1 Week4.1%
2 Weeks17.57%
1 Month-8.7%
3 Month-7.8%
6 Month-21.25%
12 Month-28.35%
2 Year-31.29%
3 Year-27.76%
5 Year22.76%
10 Year99.72%
15 Year258.93%
Volatility
ATR(14)3.25
ATR(20)%4.25%
ATR Inc-26.64%
Range Today1.5
ADR(20)2.41
ADR(20)%3.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.05
Mansfield-2.24
10 Day High65.42
10 Day Low52.41
20 Day High72.92
20 Day Low50.6
52 Week High94.2
52 Week Low50.6
CS1 EndN/A
CR1 Start71.08
Volume & EV
DER(3)-4.82%
DER(5)-5.61%
Volume385.49K
Volume Incr5.54%
Vol(5)357.16K
Vol(50)329.84K