Overall AIRO gets a technical rating of 0 out of 10. 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.
Although the technical rating is bad, AIRO does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
8.22
2 important resistance areas can be observed.
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) | 39.6 | NEUTRAL | The RSI value for AIRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests AIRO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.56 | NEUTRAL | The Stochastics value for AIRO is a neutral value. |
| Average True Range in percent/ATR (20) | 8.3 | HIGH VOLATILITY | The high ATR as a percentage value for AIRO suggests high volalility. |
| Average Directional Index/ADX (14) | 30.82 | POSITIVE | The high ADX value value for AIRO suggests a strong trend. |
8.3
-0.44 (-5.03%)
ChartMill assigns a technical rating of 0 / 10 to AIRO.
The current trend direction for AIRO GROUP HOLDINGS INC (AIRO) is Bearish.
AIRO GROUP HOLDINGS INC (AIRO) has an RSI value of 39.6032. This indicates that the stock is currently neutral.
The short term momentum for AIRO GROUP HOLDINGS INC (AIRO) is negative.
AIRO GROUP HOLDINGS INC (AIRO) has a resistance level at 9.36. Check the full technical report for our detailed analysis of AIRO support and resistance levels.