APPLIED INDUSTRIAL TECH INC (AIT)

US03820C1053 - Common Stock

180.89  +1.95 (+1.09%)

After market: 180.89 0 (0%)

Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to AIT. In the last year, AIT was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.

In the last month AIT has a been trading in the 177.68 - 198.78 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, AIT did better than 81% of all other stocks. On top of that, AIT also shows a nice and consistent pattern of rising prices.
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.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
AIT is part of the Trading Companies & Distributors industry. There are 51 other stocks in this industry, AIT did better than 58% of them.
Weekly and Daily overview Charts
AIT Weekly chart
AIT Daily chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

153.25

203.03

We found 3 important support areas.

  • A support zone ranging from 174.90 to 180.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @166.81 from a trend line in the weekly time frame.
  • Support @154.80 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • Resistance @201.02 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.54
Mansfield0.15
10 Day High193.08
10 Day Low177.68
20 Day High198.78
20 Day Low177.68
52 Week High201.76
52 Week Low122.24
Performance
1 Week-1.4%
2 Weeks-5.34%
1 Month-8.43%
3 Month2.15%
6 Month19.99%
12 Month33.34%
2 Year72.79%
3 Year89.1%
5 Year201.79%
10 Year277.48%
15 Year703.96%
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)
Technical Indicators
MACD(12,26,9)-1.26
RSI(14)36.31
LBB177.59
UBB196.22
AIT Daily chart

APPLIED INDUSTRIAL TECH INC

NYSE:AIT (4/26/2024, 7:04:00 PM)

After market: 180.89 0 (0%)

180.89

+1.95 (+1.09%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg1.09%
1 Week-1.4%
2 Weeks-5.34%
1 Month-8.43%
3 Month2.15%
6 Month19.99%
12 Month33.34%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.04
ATR(20)%2.18%
ATR Inc
Range Today3.24
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High193.08
10 Day Low177.68
20 Day High198.78
20 Day Low177.68
52 Week High201.76
52 Week Low122.24
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume448.10K
Volume Incr43.16%
Vol(5)371.00K
Vol(50)427.01K