American Outdoor Brands Corp (AOBC) Stock Technical Analysis
USA - NASDAQ:AOBC -
11.82
+1.03 (+9.55%)
12
+0.18 (+1.52%)
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.
Both the short term and long term trends are positive. This is a very positive sign.
AOBC is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with 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.
Looking at the yearly performance, AOBC did better than 91% of all other 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.
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
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.
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. |
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)
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
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