The Greedy Trader Weekly Analysis
Sign In Jan 10, 2025
Skip Navigation Links
Share
Number of records: 0
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Uptrend Exhaustion

Uptrend Exhaustion stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Stock market alert is a warning signal. Uptrend Exhaustion alert indicates that long term uptrend is exhausted and probability of long term trend reversal is high. Uptrend exhaustion stock market alert presents relatively low to medium risk - high reword stock pick for overvalued stocks.

The strategy is based on selling (or taking a short) position on anticipation of uptrend reversal.

Uptrend Exhaustion

Archive
- 1/3/2025 -
Sign In to see current Signals.

Aon Corp. (AON) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorBroken trend resistance lineBroken trend support line
Daily :Williams' Percentage Range is oversold
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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 35.83
Williams' Percentage Range (W%R) 87.10
Oversold
Lane's Stochastic (%D-Slow) 42.05
Greed/Fear Indicator (GFI) 30.27
Moving Average Converg./Diverg. (MACD) -4.42
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 52.70
Williams' Percentage Range (W%R) 56.50
Lane's Stochastic (%D-Slow) 36.50
Greed/Fear Indicator (GFI) 43.32
Moving Average Converg./Diverg. (MACD) 15.21
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 410.98
Quarterly Trendline Support 390.55
Upper Bollinger Band 376.62
50 Day Moving Average 371.67
Weekly Stochastic Crossing 362.68
Parabolic System 361.77
20 Day Moving Average 361.68
Daily Stochastic Crossing 356.61
Price 354.00
Lower Bollinger Band 348.76
Sector and Industry
Description Name Rank
Sector Financials 10
Industry Insurance Brokers 56
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 363.10
High Date 12/20/2024
Low 353.50
Low Date 01/03/2025
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 363.10
High Date 12/20/2024
Low 353.50
Low Date 01/03/2025
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 395.30
High Date 11/27/2024
Low 352.40
Low Date 12/18/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Support
Resistance 410.98
Support 390.55
Low 268.06
Low Date 04/26/2024
High 395.30
High Date 11/27/2024
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 98.82
Support 82.81
Low 13.30
Low Date 08/08/2002
High 395.30
High Date 11/27/2024
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.