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'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than AIRO.
- AIRO is part of the Aerospace & Defense industry. There are 80 other stocks in this industry, of which 86% are performing better than AIRO.
- In the last month AIRO has a been trading in the 7.30 - 10.15 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. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 8.66. Right above this resistance zone may be a good entry point.
More info and screens
AIRO Support and Resistance Analysis
7.33
We found 2 important support areas.
- 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.
We found 1 important resistance area.
- A resistance zone ranging from 8.66 to 8.83. 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 | 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). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AIRO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.07 | NEUTRAL | The RSI value for AIRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests AIRO has a positive trend. |
| Stochastics (14,3) | 51.92 | NEUTRAL | The Stochastics value for AIRO is a neutral value. |
| Average True Range in percent/ATR (20) | 7.25 | HIGH VOLATILITY | The high ATR as a percentage value for AIRO suggests high volalility. |
| Average Directional Index/ADX (14) | 23.33 | NEUTRAL | The ADX value for AIRO suggests a possible start of a new trend. |
AIRO Chart- and CandleStick Pattern Analysis
AIRO Technicals: Chart, Performance Metrics, Trend & Indicators
8.65
+0.29 (+3.47%)
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 47.0704. 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 0.0241031, indicating a bearish trend.
What is the short term momentum for AIRO stock?
The short term momentum for AIRO GROUP HOLDINGS INC (AIRO) is negative.