APPLIED INDUSTRIAL TECH INC (AIT) Technical Analysis
NYSE:AIT • US03820C1053
Current stock price
AIT Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to AIT. Both in the recent history as in the last year, AIT 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!
- When comparing the yearly performance of all stocks, we notice that AIT is one of the better performing stocks in the market, outperforming 80% of all stocks. We also observe that the gains produced by AIT over the past year are nicely spread over this period.
- AIT is part of the Trading Companies & Distributors industry. There are 47 other stocks in this industry. AIT outperforms 73% of them.
- AIT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month AIT has a been trading in the 263.28 - 309.67 range, which is quite wide. It is currently trading near the high of this range.
AIT Weekly and Daily overview Charts
AIT Setup Rating and Analysis
Although AIT has an excellent technical rating, the quality of the presented setup is not ideal 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
244.06
3 important support areas can be observed.
- Support @284.38 from a horizontal line in the daily time frame.
- A support zone ranging from 256.73 to 258.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @246.53 from a trend line in the weekly time frame.
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 | UP | POSITIVE | The long term trend for AIT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AIT is up. |
| ChartMill Relative Strength | 80.28 | POSITIVE | AIT has a high relative strength, it outperformed 80.28% off all stocks 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) | UP | POSITIVE | The current price of AIT is above the rising 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) | 65.02 | NEUTRAL | The RSI value for AIT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.97 | POSITIVE | The MACD value suggests AIT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.87 | NEUTRAL | The Stochastics value for AIT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.61 | MEDIUM VOLATILITY | The ATR as a percentage value for AIT suggests some volalility. |
| Average Directional Index/ADX (14) | 23.93 | NEUTRAL | The ADX value for AIT suggests a possible start of a new trend. |
AIT Chart- and CandleStick Pattern Analysis
AIT Technicals: Chart, Performance Metrics, Trend & Indicators
302.99
-2.76 (-0.9%)
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 10 / 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 Bullish.
Can you provide the RSI signal for APPLIED INDUSTRIAL TECH INC?
APPLIED INDUSTRIAL TECH INC (AIT) has an RSI value of 65.0234. 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 0.966097, indicating a bearish 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.