ALLIANCE ENTERTAINMENT HOLDI (AENT) Stock Technical Analysis
NASDAQ:AENT - Nasdaq - US01861F1021 - Common Stock - Currency: USD
Overall AENT gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month AENT has a been trading in the 4.26 - 11.57 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that AENT is one of the better performing stocks in the market, outperforming 98% of all stocks.
AENT is one of the better performing stocks in the Distributors industry, it outperforms 100% of 15 stocks in the same industry.
AENT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AENT is lagging the market.
Besides having an excellent technical rating, AENT also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 6.11, a Stop Loss order could be placed below this zone.
More info and screens
5.20
6.84
When analyzing the support we can see 2 important areas.
- Support @5.38 from a trend line in the weekly time frame.
- Support @5.25 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 6.08 to 6.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.77 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
CRS98
Mansfield7.1
10 Day High7.27
10 Day Low4.5
20 Day High11.57
20 Day Low4.26
52 Week High11.57
52 Week Low1.1
Performance
1 Week-1.29%
2 Weeks20%
1 Month-36.84%
3 Month23.64%
6 Month230.81%
12 Month249.71%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
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)0.02
RSI(14)48.04
LBB4.58
UBB6.93
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 6.78 | 6.07 | 0.71 (10.47%) | 9.55% |
| An entry @6.78. This is a Buy Stop order right above the resistance zone. | An exit @6.07. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.71 points, which is 10.47%. | For a 1.00% total portfolio risk, you can invest 9.55% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of AENT. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ALLIANCE ENTERTAINMENT HOLDI
NASDAQ:AENT (2/5/2025, 10:29:35 AM)
6.06
-0.06 (-0.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDistributors
Performance
% Chg-0.98%
1 Week-1.29%
2 Weeks20%
1 Month-36.84%
3 Month23.64%
6 Month230.81%
12 Month249.71%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.93
ATR(20)%18.72%
ATR Inc-27.72%
Range Today0.79
ADR(20)1.13
ADR(20)%18.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98
Mansfield7.1
10 Day High7.27
10 Day Low4.5
20 Day High11.57
20 Day Low4.26
52 Week High11.57
52 Week Low1.1
CS1 End6.11
CR1 Start6.77
Volume & EV
DER(3)-2.34%
DER(5)-2.12%
Volume15.94K
Volume Incr-50.41%
Vol(5)67.68K
Vol(50)100.91K