The Greedy Trader Weekly Analysis
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Aon Corp. (AON)

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Summary:
Weekly :Lane's Stochastic is overboughtWilliams' Percentage Range is strongly overboughtLane's Stochastic bearish divergenceBroken trend resistance line
Daily :Stochastic signal line moved below overbought areaDaily  MACD line has moved below its signal lineThe price has fallen below the Parabolic SAR
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It was the negative week for the Aon Corp. (AON). During the week, the AON gave back -1.95 points, or -0.94%, and closed at 205.22 on Friday, July 31, 2020. Weekly volume was 6% above average.

Long-term trend: [See AON long-term trend chart]
A long-term uptrend had started on August 8, 2002 at 13.30 and reached 238.19 on February 19, 2020. AON gained -224.89 points, or -1690.90%, in 914 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (67.17) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See AON medium-term trend chart]
A medium-term uptrend had started on March 23, 2020 at 143.93 and reached 208.74 on July 23, 2020. AON gained -64.81 points, or -45.03%, in 17 weeks. The price is now at the 5.43% retracement level.

Weekly Technical Indicators: [See AON weekly technical indicators chart]
Weekly Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic or strongly overbought weekly Williams' Percentage Range. Weekly Lane's Stochastic has bearish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.

The weekly MACD line is above its signal line since May 22, 2020. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See AON short-term trend chart]
A short-term uptrend had started on June 15, 2020 at 177.21 and reached 208.74 on July 23, 2020. AON gained -31.53 points, or -17.79%, in 38 days. The price is now at the 11.16% retracement level.

Daily Technical Indicators: [See AON daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal.

During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 74.26
Williams' Percentage Range (W%R) 20.90
Lane's Stochastic (%D-Slow) 68.57
Greed/Fear Indicator (GFI) 73.98
Moving Average Converg./Diverg. (MACD) 3.75
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 71.18
Williams' Percentage Range (W%R) 5.50
Strong Overbought
Lane's Stochastic (%D-Slow) 81.09
Overbought Bearish
Greed/Fear Indicator (GFI) 78.59
Moving Average Converg./Diverg. (MACD) -0.95
Trading Signals
Description Value Chart
Upper Bollinger Band 212.55
Parabolic System 207.74
Daily Stochastic Crossing 205.89
Price 205.22
Weekly Stochastic Crossing 204.21
20 Day Moving Average 201.99
50 Day Moving Average 196.06
Lower Bollinger Band 191.80
Sector and Industry
Description Name Rank
Sector Financials 4
Industry Insurance Brokers 107
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 177.21
Low Date 06/15/2020
High 208.74
High Date 07/23/2020
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 143.93
Low Date 03/23/2020
High 208.74
High Date 07/23/2020
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 238.19
High Date 02/19/2020
Low 143.93
Low Date 03/23/2020
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 39.68
Low Date 09/22/2011
High 238.19
High Date 02/19/2020
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 83.69
Support 67.17
Low 13.30
Low Date 08/08/2002
High 238.19
High Date 02/19/2020
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

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