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American Outdoor Brands Corp (AOBC) Stock Technical Analysis

USA - NASDAQ:AOBC -

11.82
+1.03 (+9.55%)
Last: 5/29/2020, 8:02:06 PM
12
+0.18 (+1.52%)
After Hours: 5/29/2020, 8:02:06 PM
Technical Rating and Analysis

9

Taking everything into account, AOBC scores 9 out of 10 in our technical rating. 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! Especially since the S&P500 is only trading in the upper part of its 52 week range, so AOBC is leading the market.
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.
Weekly and Daily overview Charts
American Outdoor Brands Corp / AOBC Weekly stock chart
American Outdoor Brands Corp / AOBC Daily stock chart
Setup Rating and Analysis

1

Although AOBC has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

7.11

11.94

When analyzing the support we can see 3 important 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.

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for AOBC is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for AOBC is up.
ChartMill Relative Strength91.01POSITIVEAOBC has a high relative strength, it outperformed 91.01% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of AOBC is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of AOBC is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of AOBC is above the rising SMA(200).
Relative Strength Index/RSI (14)75.28OVERBOUGHTThe high RSI value suggests AOBC may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.11POSITIVEThe MACD value suggests AOBC has a positive trend.
Stochastics (14,3)84.67OVERBOUGHTThe high Stochastics value suggests AOBC may be overbought.
Average True Range in percent/ATR (20)4.65MEDIUM VOLATILITYThe ATR as a percentage value for AOBC suggests some volalility.
Chart- and CandleStick Pattern Analysis
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)
American Outdoor Brands Corp / AOBC Daily stock chart

American Outdoor Brands Corp

NASDAQ:AOBC (5/29/2020, 8:02:06 PM)

After market: 12 +0.18 (+1.52%)

11.82

+1.03 (+9.55%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg9.55%
1 Week14.31%
2 Weeks23.77%
1 Month24.88%
3 Month18.67%
6 Month35.24%
12 Month40.88%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.58
ATR(20)%4.65%
ATR Inc117.35%
Range Today1.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.01
3 months CRSN/A
6 months CRSN/A
Mansfield3.62
10 Day High11.84
10 Day Low9.51
20 Day High11.84
20 Day Low8.91
52 Week High11.84
52 Week Low5.41
CS1 End9.28
CR1 StartN/A
Volume & EV
DER(3)3.25%
DER(5)0.09%
Volume1.55M
Volume Incr43.18%
Vol(5)1.07M
Vol(50)1.08M

American Outdoor Brands Corp / AOBC FAQ

What is the ChartMill technical rating of American Outdoor Brands Corp (AOBC) stock?

ChartMill assigns a technical rating of 8 / 10 to AOBC.


What is the trend direction for AOBC stock?

The current trend direction for American Outdoor Brands Corp (AOBC) is Bullish.


Can you provide the RSI signal for American Outdoor Brands Corp?

American Outdoor Brands Corp (AOBC) has an RSI value of 75.2821. This indicates that the stock is currently overbought.


Can you provide the buy/sell signal for American Outdoor Brands Corp?

The buy/sell signal for American Outdoor Brands Corp (AOBC) is buy as both the short term and long term trends are positive.


What are the support and resistance levels for American Outdoor Brands Corp (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.