AON PLC-CLASS A (AON) Stock Technical Analysis
NYSE:AON • IE00BLP1HW54
Taking everything into account, AON scores 0 out of 10 in our technical rating. AON's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 81% of all other stocks performed better in the past year than AON.
- AON is one of the lesser performing stocks in the Insurance industry. 68% of 149 stocks in the same industry do 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.
- AON has an average volume of 1319060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month AON has a been trading in the 304.59 - 358.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AON has a poor technical rating and the quality of the setup is also only medium 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
318.27
We found 1 important support area.
- A support zone ranging from 321.48 to 321.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 341.24 to 356.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @366.93 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 | 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 | 19.86 | NEGATIVE | AON has a low relative strength, it was outperformed by 80.14% 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) | 43.97 | NEUTRAL | The RSI value for AON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests AON has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.54 | NEUTRAL | The Stochastics value for AON is a neutral value. |
| Average True Range in percent/ATR (20) | 3.01 | MEDIUM VOLATILITY | The ATR as a percentage value for AON suggests some volalility. |
| Average Directional Index/ADX (14) | 29.96 | POSITIVE | The high ADX value value for AON suggests a strong trend. |
325.07
+0.77 (+0.24%)
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 43.9719. 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 321.69 and a resistance level at 341.24. Check the full technical report for our detailed analysis of AON support and resistance levels.