AMERICAN OUTDOOR BRANDS INC (AOUT) Technical Analysis
NASDAQ:AOUT • US02875D1090
Current stock price
AOUT Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to AOUT. AOUT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, AOUT is a bad performer in the overall market: 84% of all stocks are doing better.
- 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 currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- AOUT is part of the Leisure Products industry. There are 32 other stocks in this industry, AOUT did better than 45% of them.
AOUT Weekly and Daily overview Charts
AOUT Setup Rating and Analysis
AOUT has a poor technical rating and the quality of the setup is also not perfect 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
AOUT Support and Resistance Analysis
7.91
We found 1 important support area.
- 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.
We can see 4 important resistance areas.
- A resistance zone ranging from 8.09 to 8.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 8.88 to 9.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @9.29 from a trend line in the daily time frame.
- Resistance @9.57 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for AOUT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AOUT is down. |
| ChartMill Relative Strength | 16.6 | NEGATIVE | AOUT has a low relative strength, it was outperformed by 83.4% 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) | 36.45 | NEUTRAL | The RSI value for AOUT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests AOUT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.62 | NEUTRAL | The Stochastics value for AOUT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.48 | HIGH VOLATILITY | The high ATR as a percentage value for AOUT suggests high volalility. |
| Average Directional Index/ADX (14) | 16.96 | 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
8.08
-0.04 (-0.49%)
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 0 / 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 36.4489. 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 7.99 and a resistance level at 8.09. Check the full technical report for our detailed analysis of AOUT support and resistance levels.