FIREFLY NEUROSCIENCE INC (AIFF) Stock Technical Analysis
USA - NASDAQ:AIFF - US3179701012 - Common Stock
Overall AIFF gets a technical rating of 1 out of 10. AIFF'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.
AIFF has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 2.71, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AIFF in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.54
We found 1 important support area.
- A support zone ranging from 2.57 to 2.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @3.04 from a horizontal line in the weekly time frame.
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 AIFF is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AIFF is neutral. |
| ChartMill Relative Strength | 13.33 | NEGATIVE | AIFF has a low relative strength, it was outperformed by 86.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AIFF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AIFF is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AIFF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.5 | NEUTRAL | The RSI value for AIFF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests AIFF has a positive trend. |
| Stochastics (14,3) | 22.44 | NEUTRAL | The Stochastics value for AIFF is a neutral value. |
| Average True Range in percent/ATR (20) | 6.23 | HIGH VOLATILITY | The high ATR as a percentage value for AIFF suggests high volalility. |
| Average Directional Index/ADX (14) | 28.85 | POSITIVE | The high ADX value value for AIFF suggests a strong trend. |
2.85
+0.08 (+2.89%)