APPLIED INDUSTRIAL TECH INC (AIT)
US03820C1053 - Common Stock
Overall AIT gets a technical rating of 10 out of 10. Both in the recent history as in the last year, AIT has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that AIT is one of the better performing stocks in the market, outperforming 91% of all stocks. On top of that, AIT also shows a nice and consistent pattern of rising prices.
AIT is part of the Trading Companies & Distributors industry. There are 51 other stocks in this industry. AIT outperforms 84% of them.
AIT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
AIT is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Besides having an excellent technical rating, AIT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
More info and screens
180.48
277.96
We found 5 important support areas.
- A support zone ranging from 265.73 to 266.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @243.04 from a trend line in the daily time frame.
- A support zone ranging from 204.37 to 206.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @192.37 from a horizontal line in the daily time frame.
- Support @182.30 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @275.21 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
CRS91.55
Mansfield2.12
10 Day High276.97
10 Day Low262.5
20 Day High276.97
20 Day Low230.32
52 Week High276.97
52 Week Low155.47
Performance
1 Week-0.63%
2 Weeks1.59%
1 Month16.06%
3 Month29.47%
6 Month37.56%
12 Month64.59%
2 Year103.21%
3 Year183.28%
5 Year321.66%
10 Year474.17%
15 Year1197.49%
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)-0.15
RSI(14)69.78
LBB239.17
UBB289.06
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 |
|---|---|---|---|
| 275.22 | 265.72 | 9.50 (3.45%) | 25.00% |
| An entry @275.22. This is a Buy Stop order right above the resistance zone. | An exit @265.72. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 9.50 points, which is 3.45%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.86%. |
- The distance between exit and entry is rather small compared to the average daily movement of AIT. 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.
APPLIED INDUSTRIAL TECH INC
NYSE:AIT (11/21/2024, 8:11:38 PM)
After market: 269.23 0 (0%)269.23
+3.49 (+1.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg1.31%
1 Week-0.63%
2 Weeks1.59%
1 Month16.06%
3 Month29.47%
6 Month37.56%
12 Month64.59%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)7.21
ATR(20)%2.34%
ATR Inc
Range Today7.04
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 High276.97
10 Day Low262.5
20 Day High276.97
20 Day Low230.32
52 Week High276.97
52 Week Low155.47
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume262.20K
Volume Incr-26.11%
Vol(5)205.70K
Vol(50)241.07K