AMERICAN OUTDOOR BRANDS INC (AOUT) Technical Analysis
NASDAQ:AOUT • US02875D1090
Current stock price
AOUT Technical Rating and Analysis
Taking everything into account, AOUT scores 1 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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 80% of all other stocks performed better in the past year than AOUT.
- AOUT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AOUT is lagging the market.
- AOUT is an average performer in the Leisure Products industry, it outperforms 45% of 32 stocks in the same industry.
- In the last month AOUT has a been trading in the 7.75 - 9.57 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AOUT Weekly and Daily overview Charts
AOUT Setup Rating and Analysis
Although the technical rating is bad, AOUT does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 8.88. Right above this resistance zone may be a good entry point.
More info and screens
AOUT Support and Resistance Analysis
7.91
When analyzing the support we can see 2 important areas.
- Support @8.12 from a trend line in the daily time frame.
- A support zone ranging from 7.99 to 7.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 8.88 to 8.92. 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 9.28 to 9.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
AOUT Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for AOUT is neutral. |
| ChartMill Relative Strength | 20.45 | NEGATIVE | AOUT has a low relative strength, it was outperformed by 79.55% 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) | 47.68 | NEUTRAL | The RSI value for AOUT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests AOUT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.59 | NEUTRAL | The Stochastics value for AOUT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.21 | HIGH VOLATILITY | The high ATR as a percentage value for AOUT suggests high volalility. |
| Average Directional Index/ADX (14) | 15.92 | NEGATIVE | The low ADX value for AOUT suggests a weak or negative trend. |
AOUT Chart- and CandleStick Pattern Analysis
AOUT Technicals: Chart, Performance Metrics, Trend & Indicators
8.5
+0.42 (+5.2%)
AMERICAN OUTDOOR BRANDS INC / AOUT TA FAQ
What is the ChartMill technical rating of AMERICAN OUTDOOR BRANDS INC (AOUT) stock?
ChartMill assigns a technical rating of 1 / 10 to AOUT.
Can you provide the trend direction for AMERICAN OUTDOOR BRANDS INC?
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 47.6772. This indicates that the stock is currently neutral.
What is the support and resistance level for AOUT stock?
AMERICAN OUTDOOR BRANDS INC (AOUT) has a support level at 8.12 and a resistance level at 8.88. Check the full technical report for our detailed analysis of AOUT support and resistance levels.