Technical Analysis Of Acuity Brands Inc.

By AAATrade of aaatrade.com

Tuesday, April 4, 2023 7:12 AM EST

red and blue light streaks

Today’s instrument is Acuity Brands Inc., an industrial technology company, whose stock is traded on the NYSE exchange under the ticker AYI.

Looking at the AYI’s chart, we can see that it was lastly traded at around $183.

Today it is announcing its quarterly earnings and it seems that the market’s anticipation is positive as it has been in an uptrend in the past couple of days. Therefore, today it could continue the upward direction towards its resistance level which is located at around $94.80-$95.

(Click on image to enlarge)

AAATrade's Intraday Technical Analysis of Acuity Brands Inc. - 04/04/2023

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