AMERICAN OUTDOOR BRANDS INC (AOUT) Stock Technical Analysis
NASDAQ:AOUT - Nasdaq - US02875D1090 - Common Stock - Currency: USD
Overall AOUT gets a technical rating of 4 out of 10. Although AOUT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
AOUT is one of the better performing stocks in the Leisure Products industry, it outperforms 89% of 30 stocks in the same industry.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Looking at the yearly performance, AOUT did better than 84% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
AOUT is currently trading in the middle 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 slightly.
In the last month AOUT has a been trading in the 10.45 - 13.16 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, AOUT does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 12.60. Right above this resistance zone may be a good entry point.
More info and screens
9.58
12.89
When analyzing the support we can see 3 important areas.
- A support zone ranging from 10.58 to 10.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 10.19 to 10.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.68 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 12.60 to 12.76. 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 | NEUTRAL | NEUTRAL | The long term trend for AOUT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AOUT is neutral. |
| ChartMill Relative Strength | 84.31 | POSITIVE | AOUT has a high relative strength, it outperformed 84.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AOUT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AOUT is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AOUT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.01 | 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) | 47.23 | NEUTRAL | The Stochastics value for AOUT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.22 | HIGH VOLATILITY | The high ATR as a percentage value for AOUT suggests high volalility. |
| Average Directional Index/ADX (14) | 17.84 | 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)
11.94
-0.33 (-2.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg-2.69%
1 Week-6.06%
2 Weeks2.67%
1 Month8.05%
3 Month-23.71%
6 Month21.96%
12 Month47.59%
2 Year64.46%
3 Year3.2%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.6
ATR(20)%5.22%
ATR Inc43.19%
Range Today0.95
ADR(20)0.6
ADR(20)%5.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.31
Mansfield0.33
10 Day High13.16
10 Day Low11.52
20 Day High13.16
20 Day Low10.45
52 Week High17.91
52 Week Low7.89
CS1 End10.63
CR1 Start12.6
Volume & EV
DER(3)-10.96%
DER(5)-4.98%
Volume36.30K
Volume Incr-0.58%
Vol(5)47.53K
Vol(50)52.87K