Based on the provided data and current market conditions, here's an analysis of AON stock:
Technical Analysis
The stock is currently trading at $385.71 in pre-market with a -0.21% change. Technical indicators show an RSI of 68.08, approaching but not yet in overbought territory. The MACD is at 5.32, indicating positive momentum. The stock is trading above its 20-day moving average of $369.77, suggesting a bullish short-term trend.
Analyst Sentiment
Recent analyst actions show mixed sentiment:
- BMO Capital lowered price target to $373 from $380
- Wells Fargo maintains Buy rating with $445 target
- Barclays maintains Buy with $440 target
- Roth MKM maintains Buy with $425 target
Key Support/Resistance Levels
Based on Fibonacci analysis:
- Resistance levels: R1: $384.86, R2: $390.07, R3: $398.51
- Support levels: S1: $367.98, S2: $362.77, S3: $354.33
- Pivot point: $376.42
Recent Developments
Corporate insider sentiment is negative, with increased selling activity including a recent sale by COO Mindy F. Simon of 650 shares. However, Q4 2024 results exceeded expectations with adjusted EPS of $4.42 versus consensus of $4.25.
Sell Recommendation
Given the current price of $385.71, the stock appears to be approaching resistance levels while showing signs of potential exhaustion (high RSI). With negative insider sentiment and mixed analyst views, coupled with BMO Capital's recent price target reduction citing high valuations, selling at current levels would be prudent.