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 AOS
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Smith (AO) Corporation stock price up 0.687% on Thursday
(Updated on Mar 28, 2024)

Buy or Hold candidate since Feb 14, 2024 Gain 10.21% PDF

The Smith (AO) Corporation stock price gained 0.687% on the last trading day (Thursday, 28th Mar 2024), rising from $88.85 to $89.46. During the last trading day the stock fluctuated 1.01% from a day low at $88.73 to a day high of $89.62. The price has risen in 6 of the last 10 days and is up by 3.28% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 347 thousand more shares were traded than the day before. In total, 1 million shares were bought and sold for approximately $89.79 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 $90.62 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 11.08% during the next 3 months and, with a 90% probability hold a price between $91.72 and $100.66 at the end of this 3-month period.

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AOS Signals & Forecast

The Smith (AO) Corporation 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 $88.72 and $84.27. A breakdown below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. 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 Thursday, March 21, 2024, and so far it has fallen -0.467%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Smith (AO) Corporation stock

On the downside, the stock finds support just below today's level from accumulated volume at $79.84 and $79.72. 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, Smith (AO) Corporation finds support just below today's level at $79.84. If this is broken, then the next support from accumulated volume will be at $79.72 and $77.61.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.90 (1.01%) between high and low. For the last week, the stock has had daily average volatility of 1.22%.

Our recommended stop-loss: $86.04 (-3.82%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 5 days ago.)

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

For the upcoming trading day on Monday, 1st we expect Smith (AO) Corporation to open at $89.27, and during the day (based on 14 day Average True Range), to move between $88.08 and $90.84, which gives a possible trading interval of +/-$1.38 (+/-1.54%) up or down from last closing price. If Smith (AO) Corporation takes out the full calculated possible swing range there will be an estimated 3.08% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $89.88 (0.47%) than the support at $79.84 (10.75%), 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 Smith (AO) Corporation 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 Smith (AO) Corporation stock to perform well in the short-term.

Current score: 4.390 Buy Candidate Unchanged

Predicted Opening Price for Smith (AO) Corporation of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$89.27 ( 0.214%) $89.46

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

Trading levels for AOS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 90.16 0.786 %
R2 89.82 0.404 %
R1 89.61 0.168 %
Current price: 89.46
Support S1 88.93 -0.596 %
S2 88.72 -0.83 %
S3 88.37 -1.21 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 89.88 0.469 %
Current price 89.46
Support S1 79.84 -10.75%
S2 79.72 -10.89%
S3 77.61 -13.25%

AOS Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 16, 2024 Jan 31, 2024 Feb 15, 2024 $0.320 0.395%
2 Jan 16, 2024 Jan 30, 2024 Feb 15, 2024 $0.320 0.395%
3 Oct 09, 2023 Oct 30, 2023 Nov 15, 2023 $0.320 0.427%
4 Jul 27, 2023 Aug 14, 2023 Aug 15, 2023 $0.300 0.424%
5 Jul 28, 2023 Jul 28, 2023 Aug 15, 2023 $0.300 0.424%

FAQ

What is the symbol for Smith (AO) Corporation Stock and on which exchange is it traded?
The symbol for Smith (AO) Corporation is AOS and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Smith (AO) Corporation 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 Smith (AO) Corporation stock to perform well in the short-term.

How to buy Smith (AO) Corporation Stock?
Smith (AO) Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Smith (AO) Corporation Stock.

What's the current price of Smith (AO) Corporation Stock?
As of the end of day on the 2024-03-28, the price of an Smith (AO) Corporation (AOS) share was $89.46.

What is the 52-week high and low for Smith (AO) Corporation Stock?
The 52-week high for Smith (AO) Corporation Stock is $89.96 and the 52-week low is $63.40.

What is the market capitalization of Smith (AO) Corporation Stock?
As of the 2024-03-28, the market capitalization of Smith (AO) Corporation is 13.169B.

When is the next earnings date for Smith (AO) Corporation?
The upcoming earnings date for Smith (AO) Corporation is Apr 25, 2024.
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About Smith (AO) Corporation

Smith (AO) A. O. Smith Corporation manufactures and markets residential and commercial gas, heat pump and electric water heaters, boilers, tanks, and water treatment products in North America, China, Europe, and India. It operates through two segments, North America and Rest of World. The company offers water heaters for residences, restaurants, hotels and motels, office buildings, laundries, car washes, and small businesses; commercial boilers for hospital... AOS Profile

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