We assign a technical rating of 0 out of 10 to AERT. AERT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, AERT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.52, a Stop Loss order could be placed below this zone.
0.51
We found 1 important support area.
We can see 3 important resistance areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for AERT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AERT is down. |
| ChartMill Relative Strength | 11.34 | NEGATIVE | AERT has a low relative strength, it was outperformed by 88.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AERT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AERT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AERT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.72 | NEUTRAL | The RSI value for AERT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests AERT has a positive trend. |
| Stochastics (14,3) | 17.8 | OVERSOLD | The low Stochastics value suggests AERT may be oversold. |
| Average True Range in percent/ATR (20) | 6.23 | HIGH VOLATILITY | The high ATR as a percentage value for AERT suggests high volalility. |
| Average Directional Index/ADX (14) | 11.05 | NEGATIVE | The low ADX value for AERT suggests a weak or negative trend. |
0.5273
+0.01 (+1.8%)
ChartMill assigns a technical rating of 0 / 10 to AERT.
The current trend direction for AERIES TECHNOLOGY INC (AERT) is Bearish.
AERIES TECHNOLOGY INC (AERT) has an RSI value of 42.7175. This indicates that the stock is currently neutral.
The buy/sell signal for AERIES TECHNOLOGY INC (AERT) is sell as both the short term and long term trends are negative.
AERIES TECHNOLOGY INC (AERT) has a support level at 0.52 and a resistance level at 0.53. Check the full technical report for our detailed analysis of AERT support and resistance levels.