Alliance One International Technical Analysis (NYSE:AOI)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. Just by looking at the Alliance One International stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the AOI stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Alliance One International. Technical analysis uses an approach for Alliance One International stock analysis that does not care for the fair value of a company but uses price and volume data only.
Alliance One International Moving Average
Moving averages show the average price of AOI stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $16.37 is above the price of $14.35.
Alliance One International Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the AOI stock. Alliance One International bollinger bands show that the stock price is $14.35, upper band is 18.61, lower band is 14.26, and the average is 16.43.
Alliance One International Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Alliance One International MACD line is above the signal line.
Alliance One International Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. If the RSI of AOI stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.