ALBANY INTL CORP-CL A (AIN) Stock Technical Analysis
USA - NYSE:AIN - US0123481089 - Common Stock
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.
The technical rating of AIN 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
45.52
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 55.22 to 56.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 58.02 to 58.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @62.76 from a trend line in the weekly time frame.
- Resistance @65.36 from a trend line in the daily time frame.
- Resistance @74.62 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 AIN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AIN is down. |
| ChartMill Relative Strength | 7.54 | NEGATIVE | AIN has a low relative strength, it was outperformed by 92.46% 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) | 22.15 | OVERSOLD | The low RSI value suggests AIN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.32 | NEGATIVE | The MACD value suggests AIN has a negative trend. |
| Stochastics (14,3) | 3.26 | OVERSOLD | The low Stochastics value suggests AIN may be oversold. |
| Average True Range in percent/ATR (20) | 4.98 | MEDIUM VOLATILITY | The ATR as a percentage value for AIN suggests some volalility. |
| Average Directional Index/ADX (14) | 33.29 | POSITIVE | The high ADX value value for AIN suggests a strong trend. |
45.98
+0.4 (+0.88%)
ALBANY INTL CORP-CL A / AIN FAQ
What is the ChartMill technical rating of ALBANY INTL CORP-CL A (AIN) stock?
ChartMill assigns a technical rating of 0 / 10 to AIN.
What is the trend direction for AIN stock?
The current trend direction for ALBANY INTL CORP-CL A (AIN) is Bearish.
What is the RSI signal for ALBANY INTL CORP-CL A (AIN) stock?
ALBANY INTL CORP-CL A (AIN) has an RSI value of 22.1465. This indicates that the stock is currently oversold.
What is the MACD signal for ALBANY INTL CORP-CL A (AIN) stock?
The MACD indicator for ALBANY INTL CORP-CL A (AIN) has a value of -1.31799, indicating a bearish trend.
What is the short term momentum for AIN stock?
The short term momentum for ALBANY INTL CORP-CL A (AIN) is negative.