Close
- All Market News
  All the dates you need for your trading diary.
- Indices News
  Your news hub for the S&P, FTSE, Nikkei, NASDAQ and so many more.
- Crypto News
  Tales from the Crypto world all in one place.
- Commodities News
  Insightful news across the Metals and Agriculture industries.
- Forex News
  Extensive coverage of the planet’s most liquid market.
- Energies News
  Oil & Gas traders will find this section invaluable.
- Stock News
  Read news on the movers and shakers in the Stock market.
- ETF News
  All the dates you need for your trading diary.
- All Daily Analysis
  Get a healthy mix of technical analysis and the movers and shakers.
- Daily Technical Analysis
  Learn how to read charts like the best in the business.
- Gainers and Losers
  Find out who’s up, and who’s down.
- All Learn to Trade
  Not sure where to start? Go here and let something catch your eye.
- Terminology
  An A-Z of the most common trading terms and phrases.
- Guides
  Get quick answers to the most frequently asked trading questions.
- Strategies
  Learn common trading strategies used by the best traders.
- Indicators
  We demystify charts and show you powerful charting tools.
- Courses
  We provide comprehensive trading courses on a variety of topics.
- Trading SignalsNEW
  Get Trading Signals from the FCA-regulated Signal Centre
- Dynamic Data
  Cut through the noise with market alerts tailored to your trading strategy.
- Research Terminal
  Deep coverage of the global markets with world-class insights.
- Economic Calendar
  Never miss a market update and time your trades like an expert.
- Corporate Calendar
  Dividend announcements, earnings releases, and a ton of other corporate info.
- Expert Advisor (EAs)
  Download your EA and unleash full power of LearnFX directly in your MetaTrader terminal.
Trading Signals

A. O. Smith is growing its seven-day winning streak by closing at $67.57, gaining 0.67%.

18 April 2023

AOS

A quick look at yesterday: generally flat but with a slight bullish bias, A. O. Smith ranged between $66.86 and $67.68 before closing higher at $67.57.

United States Building Permits (Mar) is next today at 12:30 UTC.

At the same time, United States TIC Net Long-Term Transactions (Feb) came out at 71 billion, while a consensus of analysts was expecting 101.9 billion. United States NY Empire State Manufacturing Index (Apr) released yesterday at 12:30 UTC with a figure of 10.8, while the previous figure was -24.6.

Bollinger Band® analysis indicates that current price action is approaching the upper band at $69.5, thereby suggesting that A. O. Smith Corp is becoming overvalued. A. O. Smith could be slowing down soon; it is getting close to the resistance line and is now at $67.88, only 31 cents away. Crossing the resistance line could, however, suggest that further gains are ahead.

After posting consistent gains as part of its uptrend and being lifted by intraday sentiment, technical factors suggest A. O. Smith is set for a reversal in the coming days.

A look at other industrials stocks also showed bullish price action as Boeing added 1.65% to its value, and traded at $205.03. Raytheon Technologies traded at $103.11 after closing yesterday's trading day at $101.68 (up 1.41%). General Electric traded at $96.77 after closing yesterday's trading day at $95.44 (up 1.39%).

Furthermore, the market is looking at United States Crude Oil Inventories projected to decline to -2.46 million while previous data was 597,000; data will be released tomorrow at 14:30 UTC.

Furthermore, the market is looking at United States Building Permits (Mar) scheduled to come out today at 12:30 UTC.

The water heater manufacturer is now trading 38.16% above the significant low ($48.58) it slumped to 6 months ago.

Market Summary

Latest Stock News

View All

Oracle levels up 2.11% in yesterday's session; traders eye opening bell in 2 days time

See which stocks are the top gainers amid yesterday's bullish sentiment

3 stocks endured heavy volumes amid market jump Friday

Buyers pushing Morningstar towards its price target of $190.7; currently at $187.19

The 4 stocks who published earnings prior to markets tumbling

Copyright @2022 Learn and Consult FZ-LLC. The company is incorporated according to the laws of Dubai and the United Arab Emirates.

The information contained on this website — including analysis, trading research, market opinion, news and instrument prices — is provided for information purposes only and should not be construed, under any circumstances, as investment advice. You agree that LearnFX is not responsible for any losses or damages you may incur as a result of any action you may take regarding the information contained on this website. The regulated signals offered by this website are provided by a third-party service provider and you understand that any losses you may experience from using these signals are entirely at your own risk and liability. By using this site, you implicitly agree that nothing contained on the site shall be construed as a solicitation to buy or sell any product or service in a jurisdiction where its purchase or sale would be contrary to local laws.

Risk warning: Trading in financial instruments carries a substantial risk to your investment and may not be suitable for you. LearnFX strongly recommends that you fully understand the risks involved with trading and whether you have the financial means to take the risks involved. Should you be unsure of your suitability for trading, you can contact a personal financial advisor in your local jurisdiction who will be able to help you assess your competency for trading and investment.

Signal Centre is a trading name of PIA First Limited which is authorised and regulated by the Financial Conduct Authority which can be checked here FRN 787261. Registered in England & Wales, company number 07428345. Registered Office: Kemp House, 152 City Road, London EC1V 2NX. VAT number 153 646014.