AON PLC-CLASS A (AON) Stock Technical Analysis
NYSE:AON - New York Stock Exchange, Inc. - IE00BLP1HW54 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to AON. AON has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month AON has a been trading in the 345.78 - 381.00 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
AON has an average volume of 1310860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, AON turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
AON is an average performer in the Insurance industry, it outperforms 61% of 143 stocks in the same industry.
AON is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AON is lagging the market.
Volume is considerably higher in the last couple of days.
The technical rating of AON is bad and it also does not present a quality setup 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
332.48
388.18
When analyzing the support we can see 2 important areas.
- A support zone ranging from 351.19 to 352.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 335.84 to 335.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 356.76 to 360.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 372.90 to 372.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @384.34 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for AON is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AON is neutral. |
| ChartMill Relative Strength | 45.73 | NEUTRAL | AON is not amongst the best or worst performers 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) | 46.89 | NEUTRAL | The RSI value for AON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.98 | POSITIVE | The MACD value suggests AON has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 50.55 | NEUTRAL | The Stochastics value for AON is a neutral value. |
| Average True Range in percent/ATR (20) | 2.12 | MEDIUM VOLATILITY | The ATR as a percentage value for AON suggests some volalility. |
| Average Directional Index/ADX (14) | 20.74 | NEUTRAL | The ADX value for AON suggests a possible start of a new trend. |
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)
354.03
-15.13 (-4.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-4.1%
1 Week-0.05%
2 Weeks0.47%
1 Month-0.77%
3 Month-0.62%
6 Month-4.53%
12 Month7.21%
2 Year11.16%
3 Year21.64%
5 Year72.51%
10 Year251.33%
15 Year839.82%
Volatility
ATR(14)7.74
ATR(20)%2.12%
ATR Inc62.88%
Range Today17.14
ADR(20)6.87
ADR(20)%1.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.73
Mansfield-1.11
10 Day High381
10 Day Low349.64
20 Day High381
20 Day Low345.78
52 Week High412.97
52 Week Low322.95
CS1 End352.22
CR1 Start356.76
Volume & EV
DER(3)-2.49%
DER(5)-1.23%
Volume2.22M
Volume Incr37.83%
Vol(5)1.83M
Vol(50)1.31M