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Downtrend ExhaustionArchive - 1/24/2025 - Sign In to see current Signals. |
A.O. Smith (AOS) Technical Analysis
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| Summary:
| | Weekly :![Broken trend support line](images\bearish.gif) ![Williams' Percentage Range and Lane's Stochastic are oversold](images\bullish.gif) | | Daily :![A Parabolic SAR indicator is above and near the price](images\bearish.gif) ![Price has crossed below the 50 Day Moving Average](images\bearish.gif) ![The price is close to the moving average in the center of the Bollinger Bands](images\alert_signals.gif) Move cursor over the icon to see details.
| | It was the negative week for the A.O. Smith (AOS). During the week, the AOS dropped -1.24 points, or -1.73%, and closed at 70.57 on Friday, January 24, 2025. Weekly volume was 50% above average.
Long-term trend: [See AOS long-term trend chart] A long-term uptrend had started on October 13, 2022 at 46.58 and reached 92.45 on July 18, 2024. AOS gained -45.87 points, or -98.48%, in 92 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (86.19) is broken. A broken support is considered to be a long-term bearish signal. 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 long-term trend.
Medium-term trend: [See AOS medium-term trend chart] A medium-term downtrend had started on July 18, 2024 at 92.45 and reached 67.17 on January 3, 2025. AOS lost 25.28 points, or 27.34%, in 24 weeks. The price is now at the 13.45% retracement level.
Weekly Technical Indicators: [See AOS weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range and Lane's Stochastic. 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 below its signal line since October 11, 2024. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See AOS short-term trend chart] A short-term uptrend had started on January 3, 2025 at 67.17 and reached 73.16 on January 21, 2025. AOS gained -5.99 points, or -8.92%, in 18 days. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The trend support level is at 67.27 and resistance is at 74.37. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Right-Angled, Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Ascending Wedge pattern in a short-term trend.
Daily Technical Indicators: [See AOS daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since January 3, 2025. This is an indication that the short-term trend is up. A Parabolic SAR (stop and reversal) indicator (69.96) comes close to the price (70.57). It indicates that the trend is getting weaker. 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. The price is close to the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the price has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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