We assign a technical rating of 3 out of 10 to AIRO. Recently some decent action could be observed, but in the medium term time frame this is still negative. AIRO was also a bad performer in the overall market in the last year.
The technical rating of AIRO is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
8.71
We found 1 important support area.
- Support @8.80 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 | NEUTRAL | NEUTRAL | The long term trend for AIRO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AIRO is up. |
| 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) | UP | POSITIVE | The current price of AIRO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AIRO is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 67.97 | NEUTRAL | The RSI value for AIRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.58 | POSITIVE | The MACD value suggests AIRO has a positive trend. |
| Stochastics (14,3) | 86.87 | OVERBOUGHT | The high Stochastics value suggests AIRO may be overbought. |
| Average True Range in percent/ATR (20) | 6.7 | HIGH VOLATILITY | The high ATR as a percentage value for AIRO suggests high volalility. |
| Average Directional Index/ADX (14) | 28.88 | POSITIVE | The high ADX value value for AIRO suggests a strong trend. |
12.49
+0.54 (+4.52%)
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 3 / 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.
What is the RSI signal for AIRO GROUP HOLDINGS INC (AIRO) stock?
AIRO GROUP HOLDINGS INC (AIRO) has an RSI value of 67.9705. This indicates that the stock is currently neutral.
What is the short term momentum for AIRO stock?
The short term momentum for AIRO GROUP HOLDINGS INC (AIRO) is positive.