Aon PLC (AON) Technical Analysis

Aon PLC (AON) is a global insurance brokerage and consulting firm that provides a wide range of risk management services to clients. Technical analysis is an essential tool for investors and traders in analyzing stock price movements and making informed decisions. By studying historical price and volume data, technical analysts aim to identify patterns and trends that can provide insight into future price movements. Aon PLC's stock can also be analyzed using various technical indicators, which are mathematical calculations based on historical price and volume data.

One commonly used technical indicator is the Relative Strength Index (RSI), which measures the magnitude and velocity of recent price changes. A high RSI value may indicate that a stock is overbought and due for a price correction, while a low RSI value may suggest that a stock is oversold and could potentially rebound. Another useful indicator is the Average Directional Index (ADX), which measures the strength of a stock's trend. A high ADX value indicates a strong trend, while a low ADX value suggests a weak or sideways trend.