APPLIED INDUSTRIAL TECH INC (AIT) Technical Analysis
NYSE:AIT • US03820C1053
Current stock price
AIT Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to AIT. AIT has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- AIT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so AIT is performing more or less in line with the market.
- In the last month AIT has a been trading in the 250.90 - 287.56 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, AIT turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
- AIT is part of the Trading Companies & Distributors industry. There are 47 other stocks in this industry, AIT did better than 56% of them.
AIT Weekly and Daily overview Charts
AIT Setup Rating and Analysis
AIT has an average technical rating and it also 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.
More info and screens
AIT Support and Resistance Analysis
242.17
3 important support areas can be observed.
- A support zone ranging from 263.44 to 271.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 253.76 to 256.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @244.62 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @284.00 from a horizontal line in the daily time frame.
- A resistance zone ranging from 291.74 to 291.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
AIT 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 | NEUTRAL | NEUTRAL | The long term trend for AIT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AIT is up. |
| ChartMill Relative Strength | 65.14 | NEUTRAL | AIT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AIT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AIT is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AIT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.65 | NEUTRAL | The RSI value for AIT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.42 | POSITIVE | The MACD value suggests AIT has a positive trend. |
| Stochastics (14,3) | 86.33 | OVERBOUGHT | The high Stochastics value suggests AIT may be overbought. |
| Average True Range in percent/ATR (20) | 3.17 | MEDIUM VOLATILITY | The ATR as a percentage value for AIT suggests some volalility. |
| Average Directional Index/ADX (14) | 10.99 | NEGATIVE | The low ADX value for AIT suggests a weak or negative trend. |
AIT Chart- and CandleStick Pattern Analysis
AIT Technicals: Chart, Performance Metrics, Trend & Indicators
280.74
+8.2 (+3.01%)
APPLIED INDUSTRIAL TECH INC / AIT TA FAQ
Can you provide the ChartMill technical rating for APPLIED INDUSTRIAL TECH INC?
ChartMill assigns a technical rating of 5 / 10 to AIT.
Can you provide the trend direction for APPLIED INDUSTRIAL TECH INC?
The current trend direction for APPLIED INDUSTRIAL TECH INC (AIT) is Bearish.
Can you provide the RSI signal for APPLIED INDUSTRIAL TECH INC?
APPLIED INDUSTRIAL TECH INC (AIT) has an RSI value of 62.6521. This indicates that the stock is currently neutral.
Can you provide the MACD signal for APPLIED INDUSTRIAL TECH INC?
The MACD indicator for APPLIED INDUSTRIAL TECH INC (AIT) has a value of 2.42103, indicating a bullish trend.
Can you provide the short term momentum for APPLIED INDUSTRIAL TECH INC?
The short term momentum for APPLIED INDUSTRIAL TECH INC (AIT) is positive.