Bullish vs. Bearish (10 opinions)
Social Sentiment 0.30
AAOI Forecast and Technical Stock Analysis
Buy candidate since 2019-12-11 PDF
Applied Optoelectronics gained 6.61% in the last trading day ( Wednesday, 11th Dec 2019 ), rising from $10.28 to $10.96 During the day the stock fluctuated 6.71% from a day low at $10.28 to a day high of $10.97. The price has risen in 6 of the last 10 days and is up by 3.89% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 0.80 million more shares were traded than the day before. In total, 1.02 million shares bought and sold for approximately $11.15 million.
- 30 day high of the AAOI stock price was $12.58 and low was $9.85.
- 90 day high was $12.58 and low was $9.04.
- 52 week high for Applied Optoelectronics - $20.20 and low - $8.34.
Applied Optoelectronics lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -3.93% during the next 3 months and, with 90% probability hold a price between $8.78 and $11.52 at the end of this period.
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 $10.45 and $10.51. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday December 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 68 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 $10.69.
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 $0.69 (6.71%) between high and low. For the last week, the stock has had daily average volatility of 3.58%.
Our recommended stop-loss: $10.51 (-4.07%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 1 days ago.)
3.58 %Average volatility
Very Low Low Medium High Very High
Several short-term signals are positive, despite the stock being in a falling trend, 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. We have upgraded our analysis conclusion for this stock since last evaluation from a Sell Candidate to a Buy Candidate candidate.
|AAOI $10.96 ($0.68 6.61%)|
AAOI is up $0.68 today, but where's it headed in 2020?
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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!