AMERICAN OUTDOOR BRANDS INC (AOUT) Stock Technical Analysis
USA - NASDAQ:AOUT - US02875D1090 - Common Stock
Taking everything into account, AOUT scores 0 out of 10 in our technical rating. AOUT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of AOUT 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
6.80
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 7.22 to 7.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 7.54 to 7.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.22 to 8.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.11 from a trend line in the weekly 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 AOUT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AOUT is down. |
| ChartMill Relative Strength | 10.13 | NEGATIVE | AOUT has a low relative strength, it was outperformed by 89.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AOUT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AOUT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AOUT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.18 | NEUTRAL | The RSI value for AOUT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests AOUT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.8 | OVERSOLD | The low Stochastics value suggests AOUT may be oversold. |
| Average True Range in percent/ATR (20) | 6.07 | HIGH VOLATILITY | The high ATR as a percentage value for AOUT suggests high volalility. |
| Average Directional Index/ADX (14) | 30.96 | POSITIVE | The high ADX value value for AOUT suggests a strong trend. |
6.87
+0.09 (+1.33%)
AMERICAN OUTDOOR BRANDS INC / AOUT FAQ
What is the ChartMill technical rating of AMERICAN OUTDOOR BRANDS INC (AOUT) stock?
ChartMill assigns a technical rating of 0 / 10 to AOUT.
What is the trend direction for AOUT stock?
The current trend direction for AMERICAN OUTDOOR BRANDS INC (AOUT) is Bearish.
What is the RSI signal for AOUT stock?
AMERICAN OUTDOOR BRANDS INC (AOUT) has an RSI value of 31.1799. This indicates that the stock is currently neutral.
What is the short term momentum for AMERICAN OUTDOOR BRANDS INC (AOUT) stock?
The short term momentum for AMERICAN OUTDOOR BRANDS INC (AOUT) is negative.
Can you provide the support and resistance levels for AMERICAN OUTDOOR BRANDS INC?
AMERICAN OUTDOOR BRANDS INC (AOUT) has a resistance level at 7.22. Check the full technical report for our detailed analysis of AOUT support and resistance levels.