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 2 out of 10 to AIT. In the last year, AIT was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
In the last month AIT has a been trading in the 243.45 - 269.69 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.
AIT is part of the Trading Companies & Distributors industry. There are 48 other stocks in this industry. AIT outperforms 74% 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.
Looking at the yearly performance, AIT did better than 78% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
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.
The technical rating of AIT is bad and it also does not present a 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.
More info and screens
208.25
283.31
We found 4 important support areas.
- Support @244.67 from a horizontal line in the weekly time frame.
- Support @238.60 from a horizontal line in the daily time frame.
- Support @218.06 from a trend line in the weekly time frame.
- Support @210.35 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 252.19 to 258.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @267.72 from a horizontal line in the daily time frame.
- A resistance zone ranging from 275.20 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
CRS78.84
Mansfield0.7
10 Day High269.69
10 Day Low243.45
20 Day High269.69
20 Day Low243.45
52 Week High282.98
52 Week Low177.68
Performance
1 Week-7.25%
2 Weeks-5.9%
1 Month-3.84%
3 Month-10.93%
6 Month19.29%
12 Month27.19%
2 Year71.27%
3 Year142.02%
5 Year314.78%
10 Year458.5%
15 Year985.54%
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)-2.55
RSI(14)37.09
LBB239.46
UBB275.5
244.68
-0.4 (-0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-0.16%
1 Week-7.25%
2 Weeks-5.9%
1 Month-3.84%
3 Month-10.93%
6 Month19.29%
12 Month27.19%
2 Year71.27%
3 Year142.02%
5 Year314.78%
10 Year458.5%
15 Year985.54%
Volatility
ATR(14)6.29
ATR(20)%2.57%
ATR Inc1.37%
Range Today5.67
ADR(20)6.01
ADR(20)%2.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.84
Mansfield0.7
10 Day High269.69
10 Day Low243.45
20 Day High269.69
20 Day Low243.45
52 Week High282.98
52 Week Low177.68
CS1 End244.67
CR1 Start252.19
Volume & EV
DER(3)-3.38%
DER(5)-3.55%
Volume177.70K
Volume Incr2.85%
Vol(5)288.66K
Vol(50)311.65K