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Uptrend ExhaustionArchive - 1/3/2025 - Sign In to see current Signals. |
Aon Corp. (AON) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the Aon Corp. (AON). During the week, the AON dropped -6.40 points, or -1.78%, and closed at 354.00 on Friday, January 3, 2025. Weekly volume was -46% below average. AON is a member of Financials Sector. Financials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry. Long-term trend: [See AON long-term trend chart] A long-term uptrend had started on August 8, 2002 at 13.30 and reached 395.30 on November 27, 2024. AON gained -382.00 points, or -2872.18%, in 1163 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (82.81) 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 April 26, 2024 at 268.06 and reached 395.30 on November 27, 2024. AON gained -127.24 points, or -47.47%, in 30 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (390.55) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. AON may retest the broken support line. It is considered to be a resistance line now. 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 support in a medium-term trend. Weekly Technical Indicators: [See AON weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since December 13, 2024. Use the following link to access a MACD help. Short-term trend: [See AON short-term trend chart] A short-term downtrend had started on December 20, 2024 at 363.10 and reached 353.50 on January 3, 2025. AON lost 9.60 points, or 2.64%, in 14 days. The price is now at the 5.21% retracement level. Daily Technical Indicators: [See AON daily technical indicators chart] Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. 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 link to access Williams' Percentage Range help. The daily MACD line is below its signal line since December 2, 2024. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
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