RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of AON
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Stronger technical forecast for Aon plc stock price after Thursday trading.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 04, 2024 Gain 5.60% PDF

The Aon plc stock price fell by -0.0210% on the last day (Thursday, 28th Mar 2024) from $333.79 to $333.72. During the last trading day the stock fluctuated 0.743% from a day low at $333.58 to a day high of $336.06. The price has risen in 8 of the last 10 days and is up by 4.13% over the past 2 weeks. Volume has increased on the last day by 225 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 732 thousand shares were bought and sold for approximately $244.13 million.

The stock lies in the upper part of a strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $334.39 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 12.30% during the next 3 months and, with a 90% probability hold a price between $354.00 and $375.53 at the end of this 3-month period.

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AON Signals & Forecast

The Aon plc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $329.20 and $318.24. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, March 27, 2024, and so far it has fallen -0.0210%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for Aon plc stock

On the downside, the stock finds support just below today's level from accumulated volume at $299.71 and $295.54. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Aon plc finds support just below today's level at $299.71. If this is broken, then the next support from accumulated volume will be at $295.54 and $292.40.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $2.48 between high and low, or 0.743%. For the last week the stock has had daily average volatility of 1.08%.

The Aon plc stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stop-loss: $326.42 (-2.19%) (This stock has low daily movements and this gives low risk. The RSI14 is 91 and this increases the risk substantially. There is a sell signal from a pivot top found 1 day ago.)

Trading Expectations (AON) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Aon plc to open at $334.45, and during the day (based on 14 day Average True Range), to move between $329.53 and $337.91, which gives a possible trading interval of +/-$4.19 (+/-1.26%) up or down from last closing price. If Aon plc takes out the full calculated possible swing range there will be an estimated 2.51% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $333.79 (0.02%) than the support at $299.71 (10.19%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Aon plc stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Aon plc stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 3.108 Buy Candidate Upgraded

Predicted Opening Price for Aon plc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$334.45 ( 0.220%) $333.72

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for AON

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 336.93 0.96 %
R2 335.99 0.679 %
R1 335.40 0.504 %
Current price: 333.72
Support S1 333.51 -0.0641 %
S2 332.92 -0.240 %
S3 331.97 -0.523 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 333.79 0.0210 %
Current price 333.72
Support S1 299.71 -10.19%
S2 295.54 -11.44%
S3 292.40 -12.38%

AON Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 10, 2024 Jan 31, 2024 Feb 15, 2024 $0.615 0.196%
2 Oct 13, 2023 Nov 01, 2023 Nov 15, 2023 $0.615 0.187%
3 Oct 13, 2023 Oct 31, 2023 Nov 15, 2023 $0.615 0.187%
4 Jul 13, 2023 Jul 31, 2023 Aug 15, 2023 $0.615 0.194%
5 Apr 14, 2023 Apr 28, 2023 May 15, 2023 $0.615 0.184%

FAQ

What is the symbol for Aon plc Stock and on which exchange is it traded?
The symbol for Aon plc is AON and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Aon plc Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Aon plc stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy Aon plc Stock?
Aon plc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Aon plc Stock.

What's the current price of Aon plc Stock?
As of the end of day on the 2024-03-28, the price of an Aon plc (AON) share was $333.72.

What is the 52-week high and low for Aon plc Stock?
The 52-week high for Aon plc Stock is $347.37 and the 52-week low is $284.85.

What is the market capitalization of Aon plc Stock?
As of the 2024-03-28, the market capitalization of Aon plc is 66.176B.

When is the next earnings date for Aon plc?
The upcoming earnings date for Aon plc is Apr 26, 2024.
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About Aon plc

Aon plc Aon plc, a professional services firm, provides advice and solutions to clients focused on risk, retirement, and health worldwide. It offers commercial risk solutions, including retail brokerage, cyber, and global risk consulting solutions, as well as acts as a captives management; and health solutions, such as health and benefits brokerages, and health care exchanges. The company also provides treaty and facultative reinsurance, as well as insur... AON Profile

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