ACUITY INC (AYI) Stock Technical Analysis
NYSE:AYI - New York Stock Exchange, Inc. - US00508Y1029 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to AYI. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AYI is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
AYI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AYI is lagging the market slightly.
In the last month AYI has a been trading in the 282.78 - 319.54 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that AYI is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
AYI is an average performer in the Electrical Equipment industry, it outperforms 67% of 93 stocks in the same industry.
Besides having an excellent technical rating, AYI also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 307.82, a Stop Loss order could be placed below this zone.
More info and screens
226.59
340.45
We found 4 important support areas.
- A support zone ranging from 301.17 to 307.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 287.06 to 293.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @243.71 from a trend line in the weekly time frame.
- Support @228.88 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @314.69 from a trend line in the daily time frame.
- A resistance zone ranging from 333.45 to 337.08. 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 | UP | POSITIVE | The long term trend for AYI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AYI is up. |
| ChartMill Relative Strength | 85.85 | POSITIVE | AYI has a high relative strength, it outperformed 85.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AYI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AYI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AYI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.81 | NEUTRAL | The RSI value for AYI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests AYI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.55 | NEUTRAL | The Stochastics value for AYI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for AYI suggests some volalility. |
| Average Directional Index/ADX (14) | 25.62 | POSITIVE | The high ADX value value for AYI suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 314.70 | 301.16 | 13.54 (4.30%) | 23.24% |
| An entry @314.70. This is a Buy Stop order right above the resistance zone. | An exit @301.16. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 13.54 points, which is 4.30%. | For a 1.00% total portfolio risk, you can invest 23.24% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
311.4
+1.05 (+0.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg0.34%
1 Week0.19%
2 Weeks5.24%
1 Month2.4%
3 Month21.38%
6 Month-3.8%
12 Month36.05%
2 Year93.08%
3 Year89.96%
5 Year184.93%
10 Year59.8%
15 Year703.82%
Volatility
ATR(14)7.96
ATR(20)%2.42%
ATR Inc-14.6%
Range Today6.74
ADR(20)6.91
ADR(20)%2.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.85
Mansfield0.09
10 Day High319.54
10 Day Low296.01
20 Day High319.54
20 Day Low282.78
52 Week High345.3
52 Week Low216.81
CS1 End307.82
CR1 Start314.69
Volume & EV
DER(3)-0.81%
DER(5)-1.08%
Volume364.10K
Volume Incr11.74%
Vol(5)326.84K
Vol(50)325.97K