APPLIED OPTOELECTRONICS INC.

12.45 USD (+0.32%)

03/31/2025 - 19:59 Preopen 15 min delayed data - NASDAQ Stocks

Open:	12.03
Change:	+0.04
Volume:	29,697,092

Low:	11.69
High:	12.59
High / Low range:	0.90

Type:	Stocks
Ticker:	AAOI
ISIN:

APPLIED OPTOELECTRONICS INC. - Daily - Technical analysis published on 05/24/2021 (GMT)

295
0
05/24/2021 - 12:51
0

Londinia

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!

Timeframe : Daily
- Analysis generated on 05/24/2021 - 12:50
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bearish

Technical indicators

78%

22%

My opinion

Bearish under 8.43 USD

My targets

7.74 USD (-3.97%)

7.05 USD (-12.53%)

My analysis

The basic trend is bearish on APPLIED OPTOELECTRONICS INC. and in the short term, the price is trying to rebound. For the time being, this is only a technical rebound and the basic trend is not threatened. To have the rebound confirmed, it would have at least to go back above the 8.43 USD. Buyers would then use the next resistance located at 9.70 USD as an objective. Crossing it would then enable buyers to target 10.63 USD. If there is a return to below the support located at 7.74 USD, this would be a sign of a reversal in the basic bearish trend. The next bearish objectives would be 7.05 USD and 5.50 USD by extension.

In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.

Force

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by DipFarda. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The APPLIED OPTOELECTRONICS INC. price is 8.06 USD. The price registered an increase of +2.16% on the session and was between 7.91 USD and 8.23 USD. This implies that the price is at +1.90% from its lowest and at -2.07% from its highest.

7.91

8.23

8.06

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this APPLIED OPTOELECTRONICS INC. chart shows a bearish trend. The signals given by moving averages are at 71.43% bearish. This bearish trend could slow down given the slightly bullish signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

White gravestone / inverted hammer

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	5.50	7.05	7.74	8.06	9.70	10.63	11.83
Change (%)	-31.76%	-12.53%	-3.97%	-	+20.35%	+31.89%	+46.77%
Change	-2.56	-1.01	-0.32	-	+1.64	+2.57	+3.77
Level	Intermediate	Intermediate	Intermediate	-	Intermediate	Minor	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	7.58	7.75	7.90	8.07	8.22	8.39	8.54
Camarilla	7.97	8.00	8.03	8.06	8.09	8.12	8.15
Woodie	7.58	7.75	7.90	8.07	8.22	8.39	8.54
Fibonacci	7.75	7.87	7.94	8.07	8.19	8.26	8.39

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.47	6.76	7.11	7.40	7.75	8.04	8.39
Camarilla	7.29	7.35	7.41	7.47	7.53	7.59	7.65
Woodie	6.51	6.78	7.15	7.42	7.79	8.06	8.43
Fibonacci	6.76	7.00	7.15	7.40	7.64	7.79	8.04

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	5.35	6.37	6.89	7.91	8.43	9.45	9.97
Camarilla	6.99	7.13	7.27	7.41	7.55	7.69	7.83
Woodie	5.10	6.25	6.64	7.79	8.18	9.33	9.72
Fibonacci	6.37	6.96	7.32	7.91	8.50	8.86	9.45

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	56.32
MACD (12,26,9):	-0.0800
Directional Movement:	7.14
AROON (14):	78.57
DEMA (21):	7.54
Parabolic SAR (0,02-0,02-0,2):	7.12
Elder Ray (13):	0.38
Super Trend (3,10):	8.16
Zig ZAG (10):	8.06
VORTEX (21):	1.0000
Stochastique (14,3,5):	83.26
TEMA (21):	7.72
Williams %R (14):	-11.49
Chande Momentum Oscillator (20):	1.01
Repulse (5,40,3):	2.7000
ROCnROLL:	-1
TRIX (15,9):	-0.3500
Courbe Coppock:	2.69

MA7:	7.70
MA20:	7.61
MA50:	8.02
MA100:	9.22
MAexp7:	7.77
MAexp20:	7.71
MAexp50:	8.13
MAexp100:	8.70
Price / MA7:	+4.68%
Price / MA20:	+5.91%
Price / MA50:	+0.50%
Price / MA100:	-12.58%
Price / MAexp7:	+3.73%
Price / MAexp20:	+4.54%
Price / MAexp50:	-0.86%
Price / MAexp100:	-7.36%

Quotes : 05/21/2021 - 19:59 - 15 min delayed data - NASDAQ Stocks

News

Don't forget to follow the news on APPLIED OPTOELECTRONICS INC.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia AI

Online

Overall rating :

15.8k

Number of analyses :

92.9k

Followers :

I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…