AON PLC-CLASS A (AON)

IE00BLP1HW54 - Common Stock

389.72  +3.51 (+0.91%)

After market: 389.72 0 (0%)

Technical Rating and Analysis

8

Overall AON gets a technical rating of 8 out of 10. Although AON is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Both the short term and long term trends are positive. This is a very positive sign.
AON is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month AON has a been trading in the 362.15 - 390.73 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, AON outperforms 69% of them, which is more or less in line with the market.
AON is an average performer in the Insurance industry, it outperforms 53% of 141 stocks in the same industry.
Weekly and Daily overview Charts
AON Weekly chart
AON Daily chart
Setup Rating and Analysis

8

AON has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 389.73. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 382.45, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

340.46

393.63

We found 3 important support areas.

  • A support zone ranging from 374.29 to 382.45. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 360.60 to 365.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 343.90 to 347.02. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 389.73 to 389.73. 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
CRS69.44
Mansfield0.8
10 Day High390.73
10 Day Low375.48
20 Day High390.73
20 Day Low362.15
52 Week High390.73
52 Week Low268.06
Performance
1 Week2.42%
2 Weeks1.65%
1 Month4.85%
3 Month13.38%
6 Month38.38%
12 Month19.26%
2 Year26.42%
3 Year31.76%
5 Year91.41%
10 Year321.36%
15 Year906.25%
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
RSI(14)69.15
LBB375.44
UBB389.24
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
389.74375.4714.27 (3.66%)25.00%
An entry @389.74. This is a Buy Stop order right above the resistance zone.An exit @375.47. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 14.27 points, which is 3.66%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.92%.

  • 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.
AON Daily chart

AON PLC-CLASS A

NYSE:AON (11/25/2024, 7:28:30 PM)

After market: 389.72 0 (0%)

389.72

+3.51 (+0.91%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.91%
1 Week2.42%
2 Weeks1.65%
1 Month4.85%
3 Month13.38%
6 Month38.38%
12 Month19.26%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)6.73
ATR(20)%1.58%
ATR Inc
Range Today4.59
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 High390.73
10 Day Low375.48
20 Day High390.73
20 Day Low362.15
52 Week High390.73
52 Week Low268.06
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.91M
Volume Incr-13.41%
Vol(5)990.93K
Vol(50)995.87K