SMITH (A.O.) CORP (AOS)

US8318652091 - Common Stock

84.31  +0.76 (+0.91%)

After market: 84.31 0 (0%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to AOS. In the last year, AOS was one of the better performers, but we do observe some doubts in the very recent evolution.

AOS is part of the Building Products industry. There are 43 other stocks in this industry, of which 66% are performing better than AOS.
Looking at the yearly performance, AOS did better than 74% of all other stocks. On top of that, AOS also shows a nice and consistent pattern of rising prices.
AOS is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so AOS is performing more or less in line with the market.
In the last month AOS has a been trading in the 80.64 - 88.77 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.
AOS has an average volume of 1018470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Weekly and Daily overview Charts
AOS Weekly chart
AOS Daily chart
Setup Rating and Analysis

7

Although the technical rating is only medium, AOS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 83.21, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

63.95

90.78

We found 5 important support areas.

  • A support zone ranging from 82.79 to 83.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @79.83 from a trend line in the daily time frame.
  • A support zone ranging from 74.51 to 75.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @71.28 from a trend line in the weekly time frame.
  • Support @64.60 from a horizontal line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 84.50 to 85.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 89.46 to 89.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.21
Mansfield0.07
10 Day High88.77
10 Day Low80.64
20 Day High88.77
20 Day Low80.64
52 Week High89.96
52 Week Low63.88
Performance
1 Week1.32%
2 Weeks-2.04%
1 Month-3.69%
3 Month7.63%
6 Month17.82%
12 Month19.79%
2 Year40.24%
3 Year18.63%
5 Year108.17%
10 Year241.47%
15 Year1586.77%
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)
Technical Indicators
MACD(12,26,9)-0.31
RSI(14)45.91
LBB81.51
UBB88.52
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
85.8882.783.10 (3.61%)25.00%
An entry @85.88. This is a Buy Stop order right above the resistance zone.An exit @82.78. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 3.10 points, which is 3.61%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.90%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AOS Daily chart

SMITH (A.O.) CORP

NYSE:AOS (5/3/2024, 7:04:00 PM)

After market: 84.31 0 (0%)

84.31

+0.76 (+0.91%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg0.91%
1 Week1.32%
2 Weeks-2.04%
1 Month-3.69%
3 Month7.63%
6 Month17.82%
12 Month19.79%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.96
ATR(20)%2.29%
ATR Inc
Range Today0.85
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High88.77
10 Day Low80.64
20 Day High88.77
20 Day Low80.64
52 Week High89.96
52 Week Low63.88
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume558.20K
Volume Incr-5.08%
Vol(5)1.06M
Vol(50)1.02M