AIRGAIN INC (AIRG) Stock Technical Analysis
NASDAQ:AIRG - Nasdaq - US00938A1043 - Common Stock - Currency: USD
Overall AIRG gets a technical rating of 5 out of 10. AIRG has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
81% of all other stocks performed better in the past year than AIRG.
AIRG is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 69% of 124 stocks in the same industry do better.
AIRG is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AIRG is lagging the market.
In the last month AIRG has a been trading in the 4.16 - 5.85 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: AIRG has an average volume of 23998 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
AIRG has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 4.33, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AIRG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
3.27
5.23
We found 5 important support areas.
- A support zone ranging from 4.29 to 4.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.12 to 4.17. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 3.97 to 3.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.75 from a trend line in the weekly time frame.
- Support @3.30 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @5.05 from a horizontal line in the weekly time frame.
- Resistance @5.18 from a trend line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for AIRG is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AIRG is neutral. |
| ChartMill Relative Strength | 19.23 | NEGATIVE | AIRG has a low relative strength, it was outperformed by 80.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AIRG is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AIRG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AIRG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.06 | NEUTRAL | The RSI value for AIRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests AIRG has a negative trend. |
| Stochastics (14,3) | 20.55 | NEUTRAL | The Stochastics value for AIRG is a neutral value. |
| Average True Range in percent/ATR (20) | 9.36 | HIGH VOLATILITY | The high ATR as a percentage value for AIRG suggests high volalility. |
| Average Directional Index/ADX (14) | 35.63 | POSITIVE | The high ADX value value for AIRG suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
4.41
-0.05 (-1.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-1.12%
1 Week-12.5%
2 Weeks-8.12%
1 Month4.75%
3 Month9.43%
6 Month-35.81%
12 Month-30.11%
2 Year-4.55%
3 Year-43.1%
5 Year-66.84%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%9.36%
ATR Inc-18.13%
Range Today0.25
ADR(20)0.41
ADR(20)%9.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.23
Mansfield-3.42
10 Day High5.71
10 Day Low4.3
20 Day High5.85
20 Day Low4.16
52 Week High10.34
52 Week Low3.17
CS1 End4.33
CR1 Start5.05
Volume & EV
DER(3)6.08%
DER(5)-3.1%
Volume8.30K
Volume Incr-61.39%
Vol(5)16.24K
Vol(50)24.00K