APPLIED INDUSTRIAL TECH INC (AIT)

US03820C1053 - Common Stock

240.58  -2.87 (-1.18%)

After market: 240.58 0 (0%)

Technical Rating and Analysis

7

Overall AIT gets a technical rating of 7 out of 10. In the last year, AIT was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month AIT has a been trading in the 239.47 - 282.98 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
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 89% of them.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
AIT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AIT is lagging the market slightly.
Weekly and Daily overview Charts
AIT Weekly chart
AIT Daily chart
Setup Rating and Analysis

2

Although AIT has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

190.47

277.95

We found 3 important support areas.

  • A support zone ranging from 240.57 to 240.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 208.28 to 210.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @192.39 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • Resistance @275.20 from a horizontal line in the daily time frame.
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
CRS86.79
Mansfield0.71
10 Day High275.61
10 Day Low239.47
20 Day High282.98
20 Day Low239.47
52 Week High282.98
52 Week Low163.5
Performance
1 Week-8.2%
2 Weeks-12.14%
1 Month-10.64%
3 Month9.97%
6 Month27.58%
12 Month38.71%
2 Year90.89%
3 Year134.26%
5 Year260.74%
10 Year427.7%
15 Year990.08%
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)-4.94
RSI(14)27.2
LBB238.29
UBB288.63
AIT Daily chart

APPLIED INDUSTRIAL TECH INC

NYSE:AIT (12/20/2024, 8:04:00 PM)

After market: 240.58 0 (0%)

240.58

-2.87 (-1.18%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-1.18%
1 Week-8.2%
2 Weeks-12.14%
1 Month-10.64%
3 Month9.97%
6 Month27.58%
12 Month38.71%
2 Year90.89%
3 Year134.26%
5 Year260.74%
10 Year427.7%
15 Year990.08%
Volatility
ATR(14)5.7
ATR(20)%2.41%
ATR Inc20.43%
Range Today5.47
ADR(20)5.56
ADR(20)%2.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.79
Mansfield0.71
10 Day High275.61
10 Day Low239.47
20 Day High282.98
20 Day Low239.47
52 Week High282.98
52 Week Low163.5
CS1 End240.57
CR1 Start275.2
Volume & EV
DER(3)-0.02%
DER(5)-1.17%
Volume1.03M
Volume Incr118.15%
Vol(5)536.96K
Vol(50)278.82K