AAON Forecast and Technical Stock Analysis
Sell candidate since 2019-12-13 PDF
AAON fell by -0.52% in the last day ( Friday, 13th Dec 2019 ) from $50.24 to $49.98 During the day the stock fluctuated 2.18% from a day low at $49.60 to a day high of $50.68. The price has been going up and down for this period, and there has been a 1.24% gain for the last 2 weeks. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -41 635 shares and in total 124 479 shares bought and sold for approximately $6.22 million.
- 30 day high of the AAON stock price was $51.07 and low was $47.12.
- 90 day high was $51.34 and low was $42.57.
- 52 week high for AAON - $53.27 and low - $32.33.
AAON lies in the middle of a wide and weak 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 6.44% during the next 3 months and, with 90% probability hold a price between $49.14 and $54.85 at the end of this period.
AAON holds buy signals from both short- and long-term moving averages. In addition, 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 $49.58 and $49.47. A break down below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Thursday December 12, 2019, which indicates further falls 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.
* Golden Star Signal* is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 58 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
AAON finds support from accumulated volume at $48.90.
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 $1.08 (2.18%) between high and low. For the last week, the stock has had daily average volatility of 2.32%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
2.32 %Average volatility
Very Low Low Medium High Very High
AAON holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since last evaluation from a Buy Candidate to a Sell Candidate candidate.
|AAON $49.98 ($-0.26 -0.52%)|
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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!