AIR INDUSTRIES GROUP (AIRI) Stock Technical Analysis
NYSEARCA:AIRI • US00912N4034
Overall AIRI gets a technical rating of 4 out of 10. AIRI performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- 74% of all other stocks performed better in the past year than AIRI.
- AIRI is one of the lesser performing stocks in the Aerospace & Defense industry. 72% of 73 stocks in the same industry do better.
- AIRI is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month AIRI has a been trading in the 2.55 - 3.47 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.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
AIRI has an average technical rating and it also does not offer a high 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.
More info and screens
2.76
We found 1 important support area.
- A support zone ranging from 2.79 to 2.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 3.19 to 3.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.40 to 3.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 3.50 to 3.52. This zone is formed by a combination of multiple trend lines 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 AIRI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AIRI is neutral. |
| ChartMill Relative Strength | 26.89 | NEGATIVE | AIRI has a low relative strength, it was outperformed by 73.11% 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) | UP | MIXED | The current price of AIRI is below the rising 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) | 42.34 | NEUTRAL | The RSI value for AIRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests AIRI has a negative trend. |
| Stochastics (14,3) | 26.42 | NEUTRAL | The Stochastics value for AIRI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.54 | HIGH VOLATILITY | The high ATR as a percentage value for AIRI suggests high volalility. |
| Average Directional Index/ADX (14) | 25.42 | POSITIVE | The high ADX value value for AIRI suggests a strong trend. |
3.15
-0.04 (-1.25%)
AIR INDUSTRIES GROUP / AIRI FAQ
What is the technical rating for AIRI stock?
ChartMill assigns a technical rating of 4 / 10 to AIRI.
What is the current trend direction of AIR INDUSTRIES GROUP (AIRI) stock?
The current trend direction for AIR INDUSTRIES GROUP (AIRI) is Bearish.
What is the RSI signal for AIRI stock?
AIR INDUSTRIES GROUP (AIRI) has an RSI value of 42.3379. This indicates that the stock is currently neutral.
Can you provide the short term momentum for AIR INDUSTRIES GROUP?
The short term momentum for AIR INDUSTRIES GROUP (AIRI) is neutral.
What is the support and resistance level for AIRI stock?
AIR INDUSTRIES GROUP (AIRI) has a support level at 2.79 and a resistance level at 3.19. Check the full technical report for our detailed analysis of AIRI support and resistance levels.