REPORTING FOR 2019-12-27 | WCX19.ORG: We have done an in-depth analysis of how AIT has been trading over the last 2 weeks and the past day especially. On its latest session, Applied Industrial Technologies, Inc. (NYSE:AIT) opened at 66.96, reaching a high of 67.35 and a low of 66.78 before closing at a price of 66.94. There was a total volume of 88339.
VOLUME INDICATORS FOR APPLIED INDUSTRIAL TECHNOLOGIES, INC. (NYSE:AIT): We saw an accumulation-distribution index of 201.89267, an on-balance volume of -66.8, chaikin money flow of 1.92308 and a force index of 0.26705. There was an ease of movement rating of 0.00324, a volume-price trend of 10.42791 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR APPLIED INDUSTRIAL TECHNOLOGIES, INC. (NYSE:AIT): We noted an average true range of 0.73765, bolinger bands of 67.11826, an upper bollinger band of 66.07174, lower bollinger band of 66.78, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 67.03, high band keltner channel of 66.64, low band keltner channel of 67.42, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 66.78, a donchian channel low band of 66.78, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR APPLIED INDUSTRIAL TECHNOLOGIES, INC. (NYSE:AIT): We calculated a Moving Average Convergence Divergence (MACD) of -0.0083, a MACD signal of -0.00461, a MACD difference of -0.00369, a fast Exponential Moving Average (EMA) indicator of 66.78, a slow Exponential Moving Average (EMA) indicator of 66.78, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.13713, a trix of 10.40823, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -8.99906, a KST Oscillator (KST) of 155.74444 and a KST Oscillator (KST Signal) of 155.74444 (leaving a KST difference of -1.60087). We also found an Ichimoku rating of 67.155, an Ichimoku B rating of 67.155, a Ichimoku visual trend A of 59.74289, an Ichimoku visual trend B of 61.7098, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.
MOMENTUM INDICATORS FOR APPLIED INDUSTRIAL TECHNOLOGIES, INC. (NYSE:AIT): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 98.03901, a stochastic oscillator of 146.15385, a stochastic oscillator signal of 146.15385, a Williams %R rating of 46.15385 and an awesome oscillator of -0.06517.
RETURNS FOR APPLIED INDUSTRIAL TECHNOLOGIES, INC. (NYSE:AIT): There was a daily return of 15.57444, a daily log return of -0.5556 and a cumulative return of -0.55406.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-12-27 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Applied Industrial Technologies, Inc. (NYSE:AIT)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Applied Industrial Technologies, Inc. (NYSE:AIT) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.