Market update
What happened
Applied Optoelectronics (AAOI) closed the latest week at 169.05 USD, down -4.5% for the week and -11.2% over four weeks. In weekly context, the 52-week price path shows the pullback following a 93.1% twelve-week gain.
The setup is mixed. The trend signal remains active and Relative Strength is elevated at 132.5, while Market Dynamics confirmation stands at 0.82. Weekly volume was heavier than usual at 86.1 million shares, above the 13-week average of 61.7 million, adding weight to the recent reversal.