APPLIED OPTOELECTRONICS INC (AAOI) Stock Technical Analysis
NASDAQ:AAOI - Nasdaq - US03823U1025 - Common Stock - Currency: USD
Taking everything into account, AAOI scores 3 out of 10 in our technical rating. Although AAOI is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month AAOI has a been trading in the 22.72 - 32.98 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
AAOI has an average volume of 3205060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that AAOI is one of the better performing stocks in the market, outperforming 90% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
AAOI is part of the Communications Equipment industry. There are 51 other stocks in this industry, AAOI did better than 66% of them.
AAOI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AAOI is lagging the market.
Volume is considerably higher in the last couple of days.
AAOI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 25.90, a Stop Loss order could be placed below this zone.
More info and screens
24.29
30.83
When analyzing the support we can see 2 important areas.
- A support zone ranging from 25.87 to 25.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.54 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 27.05 to 27.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @28.81 from a trend line in the daily time frame.
- Resistance @30.52 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.54
Mansfield3.96
10 Day High31.93
10 Day Low24.71
20 Day High32.98
20 Day Low22.72
52 Week High44.5
52 Week Low6.7
Performance
1 Week0%
2 Weeks-10.99%
1 Month-16.8%
3 Month-28.82%
6 Month178.48%
12 Month91.1%
2 Year862.28%
3 Year644.9%
5 Year202.8%
10 Year116.67%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.12
RSI(14)45.64
LBB24.36
UBB30.74
27.04
-0.46 (-1.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-1.67%
1 Week0%
2 Weeks-10.99%
1 Month-16.8%
3 Month-28.82%
6 Month178.48%
12 Month91.1%
2 Year862.28%
3 Year644.9%
5 Year202.8%
10 Year116.67%
15 YearN/A
Volatility
ATR(14)3.05
ATR(20)%11.3%
ATR Inc28.14%
Range Today4.68
ADR(20)2.87
ADR(20)%10.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.54
Mansfield3.96
10 Day High31.93
10 Day Low24.71
20 Day High32.98
20 Day Low22.72
52 Week High44.5
52 Week Low6.7
CS1 End25.9
CR1 Start27.05
Volume & EV
DER(3)-3.15%
DER(5)-3.05%
Volume7.24M
Volume Incr50.12%
Vol(5)4.52M
Vol(50)3.21M