Overall AIRG gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. AIRG was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, AIRG is a bad performer in the overall market: 85% of all stocks are doing better.
- AIRG is part of the Electronic Equipment, Instruments & Components industry. There are 123 other stocks in this industry, of which 69% are performing better than AIRG.
- AIRG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- In the last month AIRG has a been trading in the 3.88 - 4.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AIRG has only a medium 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 a resistance zone just above the current price starting at 4.52. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.20, a Stop Loss order could be placed below this zone.
More info and screens
3.60
4 important support areas can be observed.
- A support zone ranging from 4.10 to 4.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.94 to 3.98. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @3.75 from a trend line in the weekly time frame.
- Support @3.64 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 4.52 to 4.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.66 from a horizontal 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 | 15.67 | NEGATIVE | AIRG has a low relative strength, it was outperformed by 84.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AIRG is above 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) | UP | POSITIVE | The current price of AIRG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.93 | NEUTRAL | The RSI value for AIRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests AIRG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.45 | NEUTRAL | The Stochastics value for AIRG is a neutral value. |
| Average True Range in percent/ATR (20) | 4.96 | MEDIUM VOLATILITY | The ATR as a percentage value for AIRG suggests some volalility. |
| Average Directional Index/ADX (14) | 26.49 | POSITIVE | The high ADX value value for AIRG suggests a strong trend. |
4.22
-0.02 (-0.47%)
AIRGAIN INC / AIRG FAQ
Can you provide the ChartMill technical rating for AIRGAIN INC?
ChartMill assigns a technical rating of 4 / 10 to AIRG.
What is the trend direction for AIRG stock?
The current trend direction for AIRGAIN INC (AIRG) is Bearish.
What is the RSI signal for AIRGAIN INC (AIRG) stock?
AIRGAIN INC (AIRG) has an RSI value of 50.9283. This indicates that the stock is currently neutral.
What are the support and resistance levels for AIRGAIN INC (AIRG) stock?
AIRGAIN INC (AIRG) has a support level at 4.2 and a resistance level at 4.52. Check the full technical report for our detailed analysis of AIRG support and resistance levels.