AON PLC-CLASS A (AON) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AON - IE00BLP1HW54 - Common Stock
Taking everything into account, AON scores 0 out of 10 in our technical rating. AON scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, AON is a bad performer in the overall market: 72% of all stocks are doing better.
- AON is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month AON has a been trading in the 330.30 - 358.55 range, which is quite wide. It is currently trading near the lows of this range.
- AON has an average volume of 1017940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- AON is an average performer in the Insurance industry, it outperforms 47% of 149 stocks in the same industry.
AON has a poor technical rating and the quality of the setup is also not perfect 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.
More info and screens
322.80
2 important support areas can be observed.
- A support zone ranging from 335.84 to 335.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @326.06 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 342.75 to 353.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 359.72 to 375.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for AON is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AON is down. |
| ChartMill Relative Strength | 28.67 | NEGATIVE | AON has a low relative strength, it was outperformed by 71.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AON is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AON is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AON is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.95 | NEUTRAL | The RSI value for AON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.61 | NEGATIVE | The MACD value suggests AON has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.17 | NEUTRAL | The Stochastics value for AON is a neutral value. |
| Average True Range in percent/ATR (20) | 1.79 | LOW VOLATILITY | The low ATR as a percentage value for AON suggests low volalility. |
| Average Directional Index/ADX (14) | 34.6 | POSITIVE | The high ADX value value for AON suggests a strong trend. |
338.69
+2.73 (+0.81%)
AON PLC-CLASS A / AON FAQ
Can you provide the ChartMill technical rating for AON PLC-CLASS A?
ChartMill assigns a technical rating of 0 / 10 to AON.
What is the current trend direction of AON PLC-CLASS A (AON) stock?
The current trend direction for AON PLC-CLASS A (AON) is Bearish.
What is the RSI signal for AON stock?
AON PLC-CLASS A (AON) has an RSI value of 39.9479. This indicates that the stock is currently neutral.
What is the short term momentum for AON stock?
The short term momentum for AON PLC-CLASS A (AON) is negative.
What are the support and resistance levels for AON PLC-CLASS A (AON) stock?
AON PLC-CLASS A (AON) has a support level at 335.85 and a resistance level at 342.75. Check the full technical report for our detailed analysis of AON support and resistance levels.