We assign a technical rating of 0 out of 10 to AIRI. AIRI'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.
The technical rating of AIRI is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
2.77
When analyzing the resistance we notice 4 important 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 AIRI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AIRI is down. |
| ChartMill Relative Strength | 14.62 | NEGATIVE | AIRI has a low relative strength, it was outperformed by 85.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AIRI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AIRI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AIRI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.92 | OVERSOLD | The low RSI value suggests AIRI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests AIRI has a negative trend. |
| Stochastics (14,3) | 4.12 | OVERSOLD | The low Stochastics value suggests AIRI may be oversold. |
| Average True Range in percent/ATR (20) | 4.12 | MEDIUM VOLATILITY | The ATR as a percentage value for AIRI suggests some volalility. |
| Average Directional Index/ADX (14) | 22.02 | NEUTRAL | The ADX value for AIRI suggests a possible start of a new trend. |
2.8
-0.03 (-1.06%)
ChartMill assigns a technical rating of 0 / 10 to AIRI.
The current trend direction for AIR INDUSTRIES GROUP (AIRI) is Bearish.
AIR INDUSTRIES GROUP (AIRI) has an RSI value of 28.9199. This indicates that the stock is currently oversold.
The MACD indicator for AIR INDUSTRIES GROUP (AIRI) has a value of -0.0283731, indicating a bearish trend.
The buy/sell signal for AIR INDUSTRIES GROUP (AIRI) is sell as both the short term and long term trends are negative.