AMERICAN OUTDOOR BRANDS INC (AOUT) Stock Technical Analysis
NASDAQ:AOUT - Nasdaq - US02875D1090 - Common Stock - Currency: USD
Overall AOUT gets a technical rating of 0 out of 10. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
83% of all other stocks performed better in the past year than AOUT.
AOUT is one of the lesser performing stocks in the Leisure Products industry. 60% of 31 stocks in the same industry do better.
AOUT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month AOUT has a been trading in the 9.02 - 10.00 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
AOUT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 9.15, a Stop Loss order could be placed below this zone.
More info and screens
9.03
11.52
When analyzing the support we notice one important area.
- A support zone ranging from 9.12 to 9.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- Resistance @9.21 from a horizontal line in the daily time frame.
- A resistance zone ranging from 9.69 to 9.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.02 from a trend line in the daily time frame.
- Resistance @11.41 from a trend 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 AOUT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AOUT is down. |
| ChartMill Relative Strength | 17.95 | NEGATIVE | AOUT has a low relative strength, it was outperformed by 82.05% 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) | 39.93 | NEUTRAL | The RSI value for AOUT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests AOUT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 44.9 | NEUTRAL | The Stochastics value for AOUT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.06 | MEDIUM VOLATILITY | The ATR as a percentage value for AOUT suggests some volalility. |
| Average Directional Index/ADX (14) | 10.22 | NEGATIVE | The low ADX value for AOUT suggests a weak or negative trend. |
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)
9.21
-0.26 (-2.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg-2.75%
1 Week0.88%
2 Weeks-4.86%
1 Month-3.66%
3 Month-21.48%
6 Month-45.63%
12 Month2.45%
2 Year-6.21%
3 Year7.22%
5 Year-39.53%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%4.06%
ATR Inc28.8%
Range Today0.36
ADR(20)0.37
ADR(20)%3.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.95
Mansfield-2.75
10 Day High9.88
10 Day Low9.02
20 Day High10
20 Day Low9.02
52 Week High17.91
52 Week Low8.14
CS1 End9.15
CR1 Start9.21
Volume & EV
DER(3)-2.45%
DER(5)0.67%
Volume39.94K
Volume Incr-38.36%
Vol(5)54.55K
Vol(50)125.72K