Taking everything into account, AIRO scores 0 out of 10 in our technical rating. AIRO'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 AIRO 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.
More info and screens
7.79
When analyzing the resistance we notice one important area.
- Resistance @14.91 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 | DOWN | NEGATIVE | The long term trend for AIRO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AIRO is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | AIRO has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AIRO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AIRO is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 15.56 | OVERSOLD | The low RSI value suggests AIRO may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.44 | NEGATIVE | The MACD value suggests AIRO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 3.63 | OVERSOLD | The low Stochastics value suggests AIRO may be oversold. |
| Average True Range in percent/ATR (20) | 12.56 | HIGH VOLATILITY | The high ATR as a percentage value for AIRO suggests high volalility. |
| Average Directional Index/ADX (14) | 41.99 | POSITIVE | The high ADX value value for AIRO suggests a strong trend. |
7.87
-0.12 (-1.5%)
AIRO GROUP HOLDINGS INC / AIRO FAQ
What is the ChartMill technical rating of AIRO GROUP HOLDINGS INC (AIRO) stock?
ChartMill assigns a technical rating of 0 / 10 to AIRO.
What is the trend direction for AIRO stock?
The current trend direction for AIRO GROUP HOLDINGS INC (AIRO) is Bearish.
What is the RSI signal for AIRO GROUP HOLDINGS INC (AIRO) stock?
AIRO GROUP HOLDINGS INC (AIRO) has an RSI value of 15.5579. This indicates that the stock is currently oversold.
What is the short term momentum for AIRO GROUP HOLDINGS INC (AIRO) stock?
The short term momentum for AIRO GROUP HOLDINGS INC (AIRO) is negative.
Can you provide the support and resistance levels for AIRO GROUP HOLDINGS INC?
AIRO GROUP HOLDINGS INC (AIRO) has a resistance level at 14.91. Check the full technical report for our detailed analysis of AIRO support and resistance levels.