APPLIED INDUSTRIAL TECH INC (AIT) Stock Technical Analysis
NYSE:AIT - New York Stock Exchange, Inc. - US03820C1053 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to AIT. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AIT is showing a nice and steady performance.
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 86% of all stocks. We also observe that the gains produced by AIT over the past year are nicely spread over this period.
AIT is part of the Trading Companies & Distributors industry. There are 48 other stocks in this industry. AIT outperforms 80% of them.
AIT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AIT is lagging the market slightly.
In the last month AIT has a been trading in the 235.58 - 264.94 range, which is quite wide. It is currently trading near the high of this range.
Although AIT has an excellent technical rating, the quality of the presented setup is not ideal 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.
More info and screens
211.04
283.31
We found 3 important support areas.
- A support zone ranging from 246.39 to 249.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 238.60 to 240.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @213.17 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @261.86 from a trend line in the daily time frame.
- A resistance zone ranging from 277.12 to 280.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.47
Mansfield1.11
10 Day High264.94
10 Day Low239.86
20 Day High264.94
20 Day Low235.58
52 Week High282.98
52 Week Low176.32
Performance
1 Week2%
2 Weeks4.72%
1 Month8.11%
3 Month12.69%
6 Month21.23%
12 Month47.19%
2 Year82.01%
3 Year166.03%
5 Year303.69%
10 Year544.72%
15 Year1095.69%
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)2.17
RSI(14)59.67
LBB241.35
UBB266.05
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 |
|---|---|---|---|
| 261.87 | 239.85 | 22.02 (8.41%) | 11.89% |
| An entry @261.87. This is a Buy Stop order right above the resistance zone. | An exit @239.85. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 22.02 points, which is 8.41%. | When investing 11.89% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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 (1/24/2025, 5:09:58 PM)
After market: 260.66 0 (0%)260.66
-0.86 (-0.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-0.33%
1 Week2%
2 Weeks4.72%
1 Month8.11%
3 Month12.69%
6 Month21.23%
12 Month47.19%
2 Year82.01%
3 Year166.03%
5 Year303.69%
10 Year544.72%
15 Year1095.69%
Volatility
ATR(14)6.02
ATR(20)%2.15%
ATR Inc-37.58%
Range Today3.9
ADR(20)5.32
ADR(20)%2.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.47
Mansfield1.11
10 Day High264.94
10 Day Low239.86
20 Day High264.94
20 Day Low235.58
52 Week High282.98
52 Week Low176.32
CS1 End249.97
CR1 Start261.86
Volume & EV
DER(3)-1.27%
DER(5)-1.12%
Volume174.61K
Volume Incr-33.68%
Vol(5)235.18K
Vol(50)291.95K