American Outdoor Brands Corp (AOBC) Technical Analysis
NASDAQ:AOBC
Current stock price
AOBC Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to AOBC. Both in the recent history as in the last year, AOBC 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!
- A new 52 week high is currently being made by AOBC, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month AOBC has a been trading in the 8.91 - 11.84 range, which is quite wide. It is currently trading near the high of this range.
- AOBC has an average volume of 1080960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that AOBC is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
AOBC Weekly and Daily overview Charts
AOBC Setup Rating and Analysis
Although AOBC has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
AOBC Support and Resistance Analysis
7.11
We found 3 important support areas.
- Support @9.28 from a trend line in the daily time frame.
- Support @8.02 from a trend line in the weekly time frame.
- Support @7.18 from a trend line in the daily time frame.
AOBC 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 AOBC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AOBC is up. |
| ChartMill Relative Strength | 91.01 | POSITIVE | AOBC has a high relative strength, it outperformed 91.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AOBC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AOBC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AOBC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.28 | OVERBOUGHT | The high RSI value suggests AOBC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests AOBC has a positive trend. |
| Stochastics (14,3) | 84.67 | OVERBOUGHT | The high Stochastics value suggests AOBC may be overbought. |
| Average True Range in percent/ATR (20) | 4.65 | MEDIUM VOLATILITY | The ATR as a percentage value for AOBC suggests some volalility. |
AOBC Chart- and CandleStick Pattern Analysis
AOBC Technicals: Chart, Performance Metrics, Trend & Indicators
11.82
+1.03 (+9.55%)
American Outdoor Brands Corp / AOBC TA FAQ
What is the ChartMill technical rating of American Outdoor Brands Corp (AOBC) stock?
ChartMill assigns a technical rating of 8 / 10 to AOBC.
Can you provide the trend direction for American Outdoor Brands Corp?
The current trend direction for American Outdoor Brands Corp (AOBC) is Bullish.
What is the RSI signal for AOBC stock?
American Outdoor Brands Corp (AOBC) has an RSI value of 75.2821. This indicates that the stock is currently overbought.
Can you provide the short term momentum for American Outdoor Brands Corp?
The short term momentum for American Outdoor Brands Corp (AOBC) is positive.
What is the support and resistance level for AOBC stock?
American Outdoor Brands Corp (AOBC) has a support level at 9.28. Check the full technical report for our detailed analysis of AOBC support and resistance levels.