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Applied Optoelectronics Stock Forecast NASDAQ:AAOI

$5.40 (-2.35%)

Volume: 536k

Closed: Dec 03, 2021

Hollow Logo Score: -7.875

Applied Optoelectronics Stock Forecast

$5.40 (-2.35%)

Volume: 536k

Closed: Dec 03, 2021

Score Hollow Logo -7.875
Which way will AAOI go? Request
Key Stats
P/E Ratio -2.78
Beta 1.11
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 75 ] The Applied Optoelectronics stock currently holds an RSI14 at 22 and is oversold on RSI14. The stock being oversold is no guarantee for instant reaction up as some stocks may be oversold for a long time. It is important to review the previous RSI-history to get an indication of the RSI-sensitiveness.

Red day on Friday for Applied Optoelectronics
(Updated on Dec 03, 2021)

Sell candidate since 2021-11-05 Loss -7.85%

The Applied Optoelectronics stock price fell by -2.35% on the last day (Friday, 3rd Dec 2021) from $5.53 to $5.40. and has now fallen 6 days in a row. During the day the stock fluctuated 5.86% from a day low at $5.29 to a day high of $5.60. The price has fallen in 7 of the last 10 days and is down by -10.45% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -13 thousand shares and in total, 536 thousand shares were bought and sold for approximately $2.90 million.

The stock has broken the very wide and falling short-term trend down. Firstly a stronger fallrate is indicated, but false breaks and "sell-off" may occur. However, a further fall is realistic and any reactions back to the breaking point ($5.77) are considered to be a "second chance" to get out. According to the fan-theory $3.43 will represent the new bottom line of the next trend, but it is far too early to say this for certain.

Signals & Forecast

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. The Applied Optoelectronics stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $5.79 and $6.65. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, November 04, 2021, and so far it has fallen -37.50%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.31 between high and low, or 5.86%. For the last week, the stock has had a daily average volatility of 5.22%.

Applied Optoelectronics is oversold on RSI14 (22). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: We hold an negative evaluation for this stock. No stop-loss is set.

Is Applied Optoelectronics stock A Buy?

Applied Optoelectronics holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -7.875

Predicted Opening Price for Applied Optoelectronics of Monday, December 6, 2021

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

Fair opening price December 6, 2021 Current price
$5.43 $5.40 (Undervalued)
Strong Sell Candidate Unchanged

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Analyst Ratings

On Aug 06, 2021 "Rosenblatt Securities" gave "$10.50 - $8.00" rating for AAOI. The price target was changed from $6.92 to 10.1%.

Volatility and Risk
Daily Average Volatility: 5.22 %
Overall Risk: Very High High Medium Low Very Low
5.22 %
Daily Average Volatility
Overall Risk

Very High
Very Low

Support & Resistance

Resistance: $5.75
Price: $5.40
No Support Found

AAOI Insider Trading Show all Trades



Last 100 transactions
Buy: 1 164 403 | Sell: 510 409 (Shares)
Date Action Amount Person Type
Oct 22, 2021 Sell 1 637 Yeh Shu-hua (joshua) Common Stock, $.001 par value
Oct 22, 2021 Sell 1 077 Yeh Shu-hua (joshua) Common Stock, $.001 par value
Oct 22, 2021 Sell 1 667 Yeh Shu-hua (joshua) Common Stock, $.001 par value
Oct 22, 2021 Sell 410 Yeh Shu-hua (joshua) Common Stock, $.001 par value
Oct 22, 2021 Sell 638 Yeh Shu-hua (joshua) Common Stock, $.001 par value
Show all Insider Trades


Last 100 transactions
Buy: 1 164 403 | Sell: 510 409 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 5.74 6.30 %
5.62 4.10 %
5.55 2.75 %
Current price: 5.40
Support 5.31 -1.64 %
5.24 -2.99 %
5.12 -5.19 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 5.86 8.52 %
5.85 8.33 %
5.75 6.48 %
Current price 5.40
Support 0 .
0 .
0 .

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About Applied Optoelectronics

Applied Optoelectronics, Inc. designs, manufactures, and sells fiber-optic networking products primarily for Internet data center, cable television (CATV), and fiber-to-the-home (FTTH) networking end-markets. It offers optical modules, optical transceivers, lasers, transmitters, and turn-key equipment, as well as headend, node, and distribution equipment. The company sells its products to internet data center operators, CATV and telecommunication... Read more

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