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Advanced Energy reported that AISTech 2026 showcased major trends in steelmaking, including safer monitoring, more automation, stronger interoperability and greater efficiency.
The company invited readers to their latest blog for insights from the event and information about technologies helping steelmakers improve process control.
Advanced Energy Industries (AEIS) is trading at $280.62, well below its MA-20 ($324.53) and MA-50 ($327.50), and just above its MA-200 ($281.60), which points to strong short- and medium-term bearish pressure while the long-term trend finds some technical support at the 200-day moving average. The Ichimoku Kijun level on D1 is $331.09, serving as immediate resistance. Near-term support sits at the MA-200 ($281.60), with key support at the MA-100 ($336.25). Immediate resistance is marked by the Kijun and MA-20 cluster near $324–$331, while the MA-50 ($327.50) is the next key resistance.
Momentum signals on D1 remain weak: MACD indicates a sell bias and ADX reads a low trend strength at 15.54. RSI (37.48), Stoch RSI (0.08), and CCI (−94.72) all signal oversold conditions, suggesting sellers are in control. BBP is firmly negative, reinforcing strong intraday dominance by sellers. The Awesome Oscillator also supports the ongoing bearish trend. AEIS has fallen $3.49 (1.23%) over the past week, slipping from a previous weekly close of $284.11. The price is now at the very bottom of its weekly range, with volatility this week at a volatile 15.62%. The week’s tone reflects a steady decline from the highs, and in today’s session the stock dropped another 1.23% as downside momentum persists.
Looking ahead, the expected trading range for the coming week is $274 to $290, keeping price action anchored close to the midpoint of the past year’s move between its 52-week low ($128.40) and high ($397.44). The probability of an upward move is very low (less than 20%), while a further decline is more likely due to D1 and W1 momentum indicators aligning on the bearish side. For scenarios: the baseline expects sideways trading near $280, consolidating at recent lows. The bullish scenario would require a reversal and breakout above $290–$331 resistance, targeting further recovery. The bearish scenario sees a breakdown below $274, opening a path back toward the lower support zone, although long-term weekly moving averages indicate strong structural support remains well above the 52-week low.
Previously it was reported that Advanced Energy faced persistent bearish pressure, with technical indicators suggesting downside risk while long-term support levels were being tested. As market conditions evolve, traders should monitor for a sustained shift in momentum that could signal either stabilization or renewed volatility in AEIS shares.