AON PLC-CLASS A (AON) Stock Technical Analysis
USA - NYSE:AON - IE00BLP1HW54 - Common Stock
Overall AON gets a technical rating of 1 out of 10. 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.
Although the technical rating is bad, AON does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 348.11. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 342.75, a Stop Loss order could be placed below this zone.
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332.48
When analyzing the support we notice one important area.
- A support zone ranging from 335.84 to 342.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 348.11 to 357.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 372.08 to 376.16. 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 | DOWN | NEGATIVE | The long term trend for AON is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AON is neutral. |
| ChartMill Relative Strength | 28.31 | NEGATIVE | AON has a low relative strength, it was outperformed by 71.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AON is above the rising 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) | 49.67 | NEUTRAL | The RSI value for AON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.83 | POSITIVE | The MACD value suggests AON has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.73 | NEUTRAL | The Stochastics value for AON is a neutral value. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for AON suggests some volalility. |
| Average Directional Index/ADX (14) | 16.96 | NEGATIVE | The low ADX value for AON suggests a weak or negative trend. |
346.51
+0.62 (+0.18%)
AON PLC-CLASS A / AON FAQ
Can you provide the ChartMill technical rating for AON PLC-CLASS A?
ChartMill assigns a technical rating of 1 / 10 to AON.
Can you provide the trend direction for AON PLC-CLASS A?
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 49.6654. 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 neutral.