ALLIANCE ENTERTAINMENT HOLDI (AENT)

US01861F1021 - Common Stock

2.76  +0.03 (+1.1%)

After market: 2.71 -0.05 (-1.81%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to AENT. In the last year, AENT was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When comparing the yearly performance of all stocks, we notice that AENT is one of the better performing stocks in the market, outperforming 96% of all stocks.
AENT is part of the Distributors industry. There are 14 other stocks in this industry. AENT outperforms 100% of them.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
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.
In the last month AENT has a been trading in the 1.10 - 3.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
AENT Weekly chart
AENT Daily chart
Setup Rating and Analysis

2

Although AENT has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

1.29

2.80

2 important support areas can be observed.

  • Support @1.40 from a trend line in the weekly time frame.
  • Support @1.30 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 2.77 to 2.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.5
Mansfield3.59
10 Day High3.45
10 Day Low1.64
20 Day High3.45
20 Day Low1.1
52 Week High3.99
52 Week Low0.65
Performance
1 Week15%
2 Weeks51.65%
1 Month94.37%
3 Month-7.85%
6 Month28.97%
12 Month148.65%
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)0.13
RSI(14)71.05
LBB1.2
UBB2.77
AENT Daily chart

ALLIANCE ENTERTAINMENT HOLDI

NASDAQ:AENT (9/23/2024, 8:00:00 PM)

After market: 2.71 -0.05 (-1.81%)

2.76

+0.03 (+1.1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDistributors
Performance
% Chg1.1%
1 Week15%
2 Weeks51.65%
1 Month94.37%
3 Month-7.85%
6 Month28.97%
12 Month148.65%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.41
ATR(20)%11.69%
ATR Inc
Range Today0.5
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3.45
10 Day Low1.64
20 Day High3.45
20 Day Low1.1
52 Week High3.99
52 Week Low0.65
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume358.00K
Volume Incr3685.8%
Vol(5)957.24K
Vol(50)116.87K