Bullish vs. Bearish (9 opinions)
Social Sentiment -0.31
Applied Optoelectronics gained 1.59% in the last trading day ( Monday, 14th Oct 2019 ), rising from $10.40 to $10.56 , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 6.02% from a day low at $10.14 to a day high of $10.75. The price has been going up and down for this period, and there has been a -5.88% loss for the last 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 190 761 more shares were traded than the day before. In total, 419 253 shares bought and sold for approximately $4.43 million.
Quick summary:
- 30 day high of the AAOI stock price was $11.85 and low was $9.79.
- 90 day high was $11.85 and low was $8.34.
- 52 week high for Applied Optoelectronics - $24.12 and low - $8.34.
Trend
Applied Optoelectronics lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 14.31% during the next 3 months and, with 90% probability hold a price between $10.61 and $13.81 at the end of this period.
Signals
Only positive signals in the chart today. Applied Optoelectronics holds buy signals from both short- and long-term moving averages, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down there will be some support from the lines at $10.36 and $10.41. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday October 10, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 43 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
Applied Optoelectronics finds support from accumulated volume at $10.21.
Risk
This stock may move much during a 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 $0.61 between high and low, or 6.02%. For the last week, the stock has had a daily average volatility of 3.90%.
Our recommended stop-loss: $10.00 (-5.27%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 2 days ago.)
3.90 %
Average volatilityOverall risk:
Very Low Low Medium High Very High
Evaluation
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 this stock to perform well in the short-term.
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!
Trading With Moving Average
As an investor, you always seek to understand what other... Full ArticlePivot Points
Pivot Points refer to points of significant change. As a... Full ArticleAccumulated Volume - Support and Resistance
Volume is perhaps the best indicator of all and should... Full ArticleVolume - The Indicator You Really Need to Know
Many new traders getting into the world of technical analysis... Full ArticleWe Give Back!
In 2016 StockInvest.us donated to NGO Goodwill projects to help purchase medical... Full ArticleBetter Buy: Amazon vs. Facebook
Amazon's stock slipped 21% over the past six months, as... Full ArticleProudly made at
