AOMD Technical Analysis - ALSTOM

Technical Rating and Analysis

Taking everything into account, AOMD scores 7 out of 10 in our technical rating. Although AOMD is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

In the last month AOMD has a been trading in the 21.15 - 23.05 range, which is quite wide. It is currently trading near the lows of this range.

Warning: AOMD has an average volume of 808 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.

When comparing the performance of all stocks over the past year, AOMD turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.

AOMD is an average performer in the Machinery industry, it outperforms 65% of 103 stocks in the same industry.

AOMD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AOMD is lagging the market.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although AOMD has an excellent technical rating, it does not present a decent entry opportunity 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

18.14

23.00

3 important support areas can be observed.

A support zone ranging from 19.73 to 20.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
A support zone ranging from 19.09 to 19.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @18.32 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

A resistance zone ranging from 22.14 to 22.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.

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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 AOMD.DE is up.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for AOMD.DE is neutral.
ChartMill Relative Strength	54.63	NEUTRAL	AOMD.DE is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	UP	MIXED	The current price of AOMD.DE is below the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of AOMD.DE is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of AOMD.DE is above the rising SMA(200).
Relative Strength Index/RSI (14)	48.78	NEUTRAL	The RSI value for AOMD.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.08	NEGATIVE	The MACD value suggests AOMD.DE has a negative trend.
Stochastics (14,3)	39.41	NEUTRAL	The Stochastics value for AOMD.DE is a neutral value.
Average True Range in percent/ATR (20)	2.02	MEDIUM VOLATILITY	The ATR as a percentage value for AOMD.DE suggests some volalility.
Average Directional Index/ADX (14)	26.24	POSITIVE	The high ADX value value for AOMD.DE suggests a strong trend.