AON PLC-CLASS A (AON) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AON - IE00BLP1HW54 - Common Stock
We assign a technical rating of 2 out of 10 to AON. In the past year, AON was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
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 352.22. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 351.97, a Stop Loss order could be placed below this zone.
More info and screens
332.48
We found 2 important support areas.
- A support zone ranging from 342.46 to 351.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 352.22 to 355.57. This zone is formed by a combination of multiple trend lines in the daily time frame.
- 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.
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 | UP | POSITIVE | The short term trend for AON is up. |
| ChartMill Relative Strength | 37.68 | NEUTRAL | AON is not amongst the best or worst performers 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 | MIXED | The current price of AON is above 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) | 54.89 | NEUTRAL | The RSI value for AON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.71 | POSITIVE | The MACD value suggests AON has a positive trend. |
| Stochastics (14,3) | 84.49 | OVERBOUGHT | The high Stochastics value suggests AON may be overbought. |
| Average True Range in percent/ATR (20) | 1.63 | LOW VOLATILITY | The low ATR as a percentage value for AON suggests low volalility. |
| Average Directional Index/ADX (14) | 10.84 | NEGATIVE | The low ADX value for AON suggests a weak or negative trend. |
352.03
+0.23 (+0.07%)
AON PLC-CLASS A / AON FAQ
Can you provide the ChartMill technical rating for AON PLC-CLASS A?
ChartMill assigns a technical rating of 2 / 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 54.8914. 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 positive.
What is the buy/sell signal for AON PLC-CLASS A (AON) stock?
The buy/sell signal for AON PLC-CLASS A (AON) is hold as the short term and long term trends are mixed.