Aon Technical Analysis (NYSE:AON)
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 Aon 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 AON stock chart which creates a trading signal.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Aon. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Aon stock analysis.
Aon Moving Average
Moving averages show the AON stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $144.41 is above the price of $143.45.
Aon Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Aon. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The stock price is trading between the average and the lower band in the context of Aon bollinger bands.
Aon 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 Aon MACD line is above the signal line.
Aon Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 43.94 is the RSI value of AON stock.