NYSE:AIT • US03820C1053
Overall AIT gets a technical rating of 6 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
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.
237.80
When analyzing the support we can see 5 important areas.
We found 1 important resistance area.
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 | NEUTRAL | NEUTRAL | The short term trend for AIT is neutral. |
| ChartMill Relative Strength | 70.22 | POSITIVE | AIT has a high relative strength, it outperformed 70.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AIT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AIT is below 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) | 39.97 | NEUTRAL | The RSI value for AIT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.69 | NEGATIVE | The MACD value suggests AIT has a negative trend. |
| Stochastics (14,3) | 19.65 | OVERSOLD | The low Stochastics value suggests AIT may be oversold. |
| Average True Range in percent/ATR (20) | 2.85 | MEDIUM VOLATILITY | The ATR as a percentage value for AIT suggests some volalility. |
| Average Directional Index/ADX (14) | 11.99 | NEGATIVE | The low ADX value for AIT suggests a weak or negative trend. |
267.78
-7.19 (-2.61%)
ChartMill assigns a technical rating of 6 / 10 to AIT.
The current trend direction for APPLIED INDUSTRIAL TECH INC (AIT) is Bullish.
APPLIED INDUSTRIAL TECH INC (AIT) has an RSI value of 39.9677. This indicates that the stock is currently neutral.
The short term momentum for APPLIED INDUSTRIAL TECH INC (AIT) is neutral.