The Battle Of Advanced Energy Industries, Inc. ($AEIS) And Eastern Company (The) ($EML)

2019-08-16 | Welcome! Today we compared how two different stocks in the Industrial Machinery/Components industry are trading: Advanced Energy Industries, Inc. and Eastern Company (The). While these two companies may have very different market capitalizations and balance sheets, they are worth comparing given how they are in the same sector. Below you’ll see how the different technical indicators differ between these two stocks, and we’ll also show what Trading View thinks of them based on the technical analysis. But before we get ahead of ourselves, please note that this is technical analysis only (ie. analyzing how these companies are trading, not digging into the company fundamentals), and therefore you should not rely only on this to guide you on whether you should buy or sell anything – take it with a grain of salt only, and pay attention to the disclaimer below. With that said, many traders find value in technical analysis and others even swear by it, so if that is you, I hope my analysis will be of use to you. Let’s get to it…

First things first: during its last day of trading, Advanced Energy Industries, Inc. opened at 47.7, got to a maximum price of 48.06 and dropped to as low as 47.05 before finishing the session at 47.44. In total there were 202600 shares traded, which is enough to conduct our analysis. Compare that now to Eastern Company (The), which opened at 23.15, had a high of 23.15, a low of 22.8, closed at 22.8 and had a total volume of 3500.

VOLUME ANALYSIS: Generally, the higher the volume indicators are, the better – you need liquidity to trade, after all. All of the volume indicators are as follows… (click here for an explanation on volume)

Volume Indicator Advanced Energy Industries, Inc. Eastern Company (The)
Accumulation-distribution index 330.3705 63.06452
on-balance volume -47.42 -23.0
chaikin money flow

4.61111 1.37695
force index

1.1305 2.1904
ease of movement rating

0.00418 -0.00034
volume-price trend

-5.07958 -2.82994
negative volume index

1000.0 1000.0

VOLATILITY ANALYSIS: Now to compare the volatility between these two companies… (click here for an explanation on volatility)

Volatility Indicator Advanced Energy Industries, Inc. Eastern Company (The)
Average true range 1.11887 0.613
Bolinger bands 47.26941 22.84571
Upper bollinger band 46.59059 22.70429
Lower bollinger band

47.05 22.8
Bollinger high band indicator

1.0 1.0
Bollinger high low indicator

1.0 1.0
Central keltner channel

47.60333 23.03333
High band keltner channel

47.24333 23.03333
Low band keltner channel

47.96333 23.03333
High band keltner channel indicator

1.0 1.0
Low band keltner channel indicator

1.0 1.0
Donchain channel high band

47.05 22.8
Donchain channel low band

47.05 22.8
Donchain channel high band indicator

1.0 1.0
Donchain channel low band indicator

1.0 1.0

TREND ANALYSIS: Now for the most interesting and detailed part, the trend. Where is the stock actually going? Let’s compare the indicators… (click here for an explanation on trend)

Trend Indicator Advanced Energy Industries, Inc. Eastern Company (The)
Moving Average Convergence Divergence (MACD) trend_macd -0.00112
MACD signal -0.00299 -0.00062
MACD difference -0.00239 -0.0005
fast Exponential Moving Average (EMA) indicator

47.05 22.8
slow Exponential Moving Average (EMA) indicator

47.05 22.8
Average Directional Movement Index (ADX)

unknown unknown
ADX positive

20.0 20.0
ADX negative

20.0 20.0
positive Vortex Indicator (VI)

1.0 1.0
negative VI

1.0 1.0
trend vortex difference

0.23186 0.0065

-9.19927 -9.43447
Mass Index (MI)

1.0 1.8
Commodity Channel Index (CCI)

-66.66667 100.0
Detrended Price Oscillator (DPO)

5.62231 3.27737
KST Oscillator (KST)

-106.74133 -125.67884
KST Oscillator (KST Signal)

-106.74133 -125.67884
KST difference

-1.13912 -0.47934
Ichimoku rating

47.88 23.15
Ichimoku B rating

47.88 23.15
Ichimoku visual trend A

53.82026 26.31171
Ichimoku visual trend B

53.54845 25.64262
Aroon Indicator (AI)

4.0 4.0
AI indicator down

4.0 4.0
AI difference

-4.0 -4.0

MOMENTUM ANALYSIS: What about momentum? Let’s dive into it… (click here for an explanation on momentum)

Momentum Indicator Advanced Energy Industries, Inc. Eastern Company (The)
Relative Strength Index (RSI) 50.0 50.0
Money Flow Index (MFI) 34.51204 35.84908
True Strength Index (TSI) -100.0 -100.0
ultimate oscillator

-21.89791 -11.95611
stochastic oscillator

280.55556 50.0
stochastic oscillator signal

280.55556 50.0
Williams %R rating

180.55556 -50.0
awesome oscillator

0.17008 0.1136

RETURNS: That’s all for technical analysis. Now let’s just list the returns for Advanced Energy Industries, Inc. and Eastern Company (The).

Daily return -10.67413 -12.56788
Daily log return -0.5114 -0.21954
Cumulative return -0.5101 -0.2193

So there you have it: our deep, grueling analysis comparing Advanced Energy Industries, Inc. and Eastern Company (The) together. But what does all of the above mean? Various technical indicators above are positive, while others are negative, and if we want to decide overall if the technical analysis indicates a bullish or bearish chart, we have to consider all of them together. That’s what the Trading View widget below can do, so let’s see what it says considering all these indicators. First, here’s Advanced Energy Industries, Inc.:

The verdict above will consider all these technical indicators and consider which are strong and weak, and then put them all together to come up with a conclusion stating whether AEIS is strong or weak. Again – this is not a reliable indication of whether Advanced Energy Industries, Inc. is a good investment! None of these indicators consider the company fundamentals. All of this data is based on how it trades only. Now with that out of the way, let’s compare it with Eastern Company (The)

So there you have it. We hope you have found this analysis useful, and if you see any errors or have any feedback, please comment below.

How can you profit off trading these 2 companies and other stocks like it? First, check out the Beat The Market Analyzer software – this is worth its weight in gold. Some other great services for earning income from trading and investing are Dividend Stocks (an outstanding resource for anyone interested in high dividend paying stocks), Microcap Millionaires (the best site online for profiting off micro-cap stocks) and Trading Code (an extremely powerful system for profiting off trading).

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 anything 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.

Abigale Lormen

Abigale is a Masters in Business Administration by education. After completing her post-graduation, Abigale jumped the journalism bandwagon as a freelance journalist. Soon after that she landed a job of reporter and has been climbing the news industry ladder ever since to reach the post of editor at amarketreportsjournal.
Abigale Lormen

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