A.O. SMITH CORP.
A.O. SMITH CORP.
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: AOS
ISIN:

A.O. SMITH CORP. - Daily - Technical analysis published on 03/22/2021 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 65.24 USD
My targets
70.20 USD (+4.03%)
My analysis
The bullish trend is currently very strong on A.O. SMITH CORP.. As long as the price remains above the support at 65.24 USD, you could try to benefit from the boom. The first bullish objective is located at 70.20 USD. The bullish momentum would be boosted by a break in this resistance. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.9

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 renierlemmens. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

A.O. SMITH CORP. rating 67.48 USD. On the day, this instrument gained +0.03% and was between 67.01 USD and 67.97 USD. This implies that the price is at +0.70% from its lowest and at -0.72% from its highest.

67.01
67.97
67.48

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Daily of this A.O. SMITH CORP. chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


MACD indicator: bearish divergence

Type : Bearish

Timeframe : Daily


MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 58.05 61.85 65.24 67.48 67.84
Change (%) -13.97% -8.34% -3.32% - +0.53%
Change -9.43 -5.63 -2.24 - +0.36
Level Major Intermediate Intermediate - Major



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard66.0466.5367.0067.4967.9668.4568.92
Camarilla67.2267.3067.3967.4867.5767.6667.74
Woodie66.0466.5367.0067.4967.9668.4568.92
Fibonacci66.5366.8967.1267.4967.8568.0868.45


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard59.9961.7664.6266.3969.2571.0273.88
Camarilla66.2166.6367.0667.4867.9068.3368.75
Woodie60.5462.0365.1766.6669.8071.2974.43
Fibonacci61.7663.5364.6266.3968.1669.2571.02


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard48.0351.4655.4258.8562.8166.2470.20
Camarilla57.3458.0258.6959.3760.0560.7361.40
Woodie48.2951.5955.6858.9863.0766.3770.46
Fibonacci51.4654.2956.0358.8561.6863.4266.24

Numerical data


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

Technical indicators
Moving averages

RSI (14): 72.09
MACD (12,26,9): 2.0700
Directional Movement: 19.29
AROON (14): 85.72
DEMA (21): 66.33
Parabolic SAR (0,02-0,02-0,2): 65.03
Elder Ray (13): 2.63
Super Trend (3,10): 62.89
Zig ZAG (10): 67.48
VORTEX (21): 1.2300
Stochastique (14,3,5): 92.80
TEMA (21): 67.18
Williams %R (14): -8.13
Chande Momentum Oscillator (20): 5.50
Repulse (5,40,3): 2.4300
ROCnROLL: 1
TRIX (15,9): 0.4100
Courbe Coppock: 17.86
MA7: 65.99
MA20: 63.28
MA50: 60.01
MA100: 57.41
MAexp7: 66.10
MAexp20: 63.75
MAexp50: 60.82
MAexp100: 58.01
Price / MA7: +2.26%
Price / MA20: +6.64%
Price / MA50: +12.45%
Price / MA100: +17.54%
Price / MAexp7: +2.09%
Price / MAexp20: +5.85%
Price / MAexp50: +10.95%
Price / MAexp100: +16.32%

Quotes : 2021-03-19 19:59:59 - 15 min delayed data - NYSE Stocks

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

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