AIRO GROUP HOLDINGS INC (AIRO) Technical Analysis
NASDAQ:AIRO • US0094221068
Current stock price
AIRO Technical Rating and Analysis
Taking everything into account, AIRO scores 0 out of 10 in our technical rating. AIRO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, AIRO is a bad performer in the overall market: 100% of all stocks are doing better.
- AIRO is one of the lesser performing stocks in the Aerospace & Defense industry. 86% of 80 stocks in the same industry do better.
- In the last month AIRO has a been trading in the 7.30 - 9.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AIRO Weekly and Daily overview Charts
AIRO Setup Rating and Analysis
Although the technical rating is bad, AIRO does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 8.41. Right above this resistance zone may be a good entry point.
More info and screens
AIRO Support and Resistance Analysis
7.33
We found 3 important support areas.
- Support @8.05 from a trend line in the daily time frame.
- Support @7.87 from a horizontal line in the weekly time frame.
- A support zone ranging from 7.40 to 7.41. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 8.41 to 8.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.83 from a horizontal line in the daily time frame.
AIRO Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for AIRO is neutral. |
| 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). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AIRO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.63 | NEUTRAL | The RSI value for AIRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests AIRO has a positive trend. |
| Stochastics (14,3) | 58.7 | NEUTRAL | The Stochastics value for AIRO is a neutral value. |
| Average True Range in percent/ATR (20) | 7.27 | HIGH VOLATILITY | The high ATR as a percentage value for AIRO suggests high volalility. |
| Average Directional Index/ADX (14) | 19.96 | NEGATIVE | The low ADX value for AIRO suggests a weak or negative trend. |
AIRO Chart- and CandleStick Pattern Analysis
AIRO Technicals: Chart, Performance Metrics, Trend & Indicators
8.4
-0.19 (-2.21%)
AIRO GROUP HOLDINGS INC / AIRO TA FAQ
What is the ChartMill technical rating of AIRO GROUP HOLDINGS INC (AIRO) stock?
ChartMill assigns a technical rating of 0 / 10 to AIRO.
Can you provide the trend direction for AIRO GROUP HOLDINGS INC?
The current trend direction for AIRO GROUP HOLDINGS INC (AIRO) is Bearish.
Can you provide the RSI signal for AIRO GROUP HOLDINGS INC?
AIRO GROUP HOLDINGS INC (AIRO) has an RSI value of 45.6268. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AIRO GROUP HOLDINGS INC?
The MACD indicator for AIRO GROUP HOLDINGS INC (AIRO) has a value of 0.0615509, indicating a bearish trend.
What is the short term momentum for AIRO stock?
The short term momentum for AIRO GROUP HOLDINGS INC (AIRO) is neutral.