AIRO GROUP HOLDINGS INC (AIRO) Technical Analysis
NASDAQ:AIRO • US0094221068
Current stock price
9.79 USD
-0.38 (-3.74%)
At close:
9.79 USD
0 (0%)
After Hours:
AIRO Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to AIRO. In the past year, AIRO was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 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. 88% of 78 stocks in the same industry do better.
- In the last month AIRO has a been trading in the 8.56 - 11.24 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 and the volatility has been reduced. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
AIRO Support and Resistance Analysis
8.39
10.85
We found 4 important support areas.
- Support @9.60 from a trend line in the weekly time frame.
- A support zone ranging from 9.19 to 9.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.81 from a trend line in the daily time frame.
- Support @8.47 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 9.99 to 10.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.29 to 10.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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) | UP | MIXED | The current price of AIRO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AIRO is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 46.15 | NEUTRAL | The RSI value for AIRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests AIRO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 46.65 | NEUTRAL | The Stochastics value for AIRO is a neutral value. |
| Average True Range in percent/ATR (20) | 8.91 | HIGH VOLATILITY | The high ATR as a percentage value for AIRO suggests high volalility. |
| Average Directional Index/ADX (14) | 16.29 | NEGATIVE | The low ADX value for AIRO suggests a weak or negative trend. |
AIRO Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
AIRO Technicals: Chart, Performance Metrics, Trend & Indicators
9.79
-0.38 (-3.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-3.74%
1 Week-2.88%
2 Weeks-0.1%
1 Month7.46%
3 Month15.18%
6 Month-51.39%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.86
ATR(20)%8.91%
ATR Inc-8.75%
Range Today0.87
ADR(20)0.86
ADR(20)%8.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
3 months CRS89.73
6 months CRS8.1
Mansfield-30
10 Day High11.25
10 Day Low9.62
20 Day High11.25
20 Day Low8.56
52 Week HighN/A
52 Week LowN/A
CS1 End9.6
CR1 Start9.99
Volume & EV
DER(3)-2.86%
DER(5)-0.54%
Volume437.20K
Volume Incr51.72%
Vol(5)621.78K
Vol(50)603.19K
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 2 / 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 46.1451. 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 neutral.