AIRSCULPT TECHNOLOGIES INC (AIRS) Stock Technical Analysis
NASDAQ:AIRS - Nasdaq - US0094961002 - Common Stock - Currency: USD
Taking everything into account, AIRS scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, AIRS has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, AIRS did better than 95% of all other stocks.
AIRS is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 92% of 103 stocks in the same industry.
AIRS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AIRS is lagging the market.
In the last month AIRS has a been trading in the 4.75 - 6.76 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, AIRS also presents a decent setup pattern. 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 6.48. Right above this resistance zone may be a good entry point. 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
5.36
6.69
When analyzing the support we can see 3 important areas.
- Support @6.03 from a trend line in the daily time frame.
- A support zone ranging from 5.89 to 5.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.41 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 6.48 to 6.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for AIRS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AIRS is up. |
| ChartMill Relative Strength | 95.44 | POSITIVE | AIRS has a high relative strength, it outperformed 95.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AIRS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AIRS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AIRS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.17 | NEUTRAL | The RSI value for AIRS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests AIRS has a negative trend. |
| Stochastics (14,3) | 57.39 | NEUTRAL | The Stochastics value for AIRS is a neutral value. |
| Average True Range in percent/ATR (20) | 8.24 | HIGH VOLATILITY | The high ATR as a percentage value for AIRS suggests high volalility. |
| Average Directional Index/ADX (14) | 26.96 | POSITIVE | The high ADX value value for AIRS suggests a strong trend. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 6.63 | 6.02 | 0.61 (9.20%) | 10.87% |
| An entry @6.63. This is a Buy Stop order right above the resistance zone. | An exit @6.02. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.61 points, which is 9.20%. | For a 1.00% total portfolio risk, you can invest 10.87% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of AIRS. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
6.15
+0.13 (+2.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg2.16%
1 Week0.16%
2 Weeks-4.65%
1 Month23.25%
3 Month105.69%
6 Month15.17%
12 Month54.52%
2 Year-19.92%
3 Year-29.47%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.56
ATR(20)%8.24%
ATR Inc-50.35%
Range Today0.29
ADR(20)0.48
ADR(20)%7.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.44
Mansfield1.94
10 Day High6.76
10 Day Low5.16
20 Day High6.76
20 Day Low4.75
52 Week High9.2
52 Week Low1.53
CS1 End6.03
CR1 Start6.48
Volume & EV
DER(3)-7.35%
DER(5)-2.38%
Volume545.50K
Volume Incr94.21%
Vol(5)1.17M
Vol(50)705.67K