Logo image of AJRD

AEROJET ROCKETDYNE HOLDINGS (AJRD) Stock Technical Analysis

NYSE:AJRD - New York Stock Exchange, Inc. - US0078001056 - Common Stock - Currency: USD

57.99  +0.81 (+1.42%)

After market: 57.99 0 (0%)

Technical Rating and Analysis

10

Overall AJRD gets a technical rating of 10 out of 10. Both in the recent history as in the last year, AJRD has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that AJRD is one of the better performing stocks in the market, outperforming 85% of all stocks. We also observe that the gains produced by AJRD over the past year are nicely spread over this period.
A new 52 week high is currently being made by AJRD, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so AJRD is leading the market.
In the last month AJRD has a been trading in the 54.63 - 58.01 range, which is quite wide. It is currently trading near the high of this range.
AJRD has an average volume of 1129330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
AJRD is part of the Aerospace & Defense industry. There are 65 other stocks in this industry, AJRD did better than 45% of them.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
AEROJET ROCKETDYNE HOLDINGS / AJRD Weekly stock chart
AEROJET ROCKETDYNE HOLDINGS / AJRD Daily stock chart
Setup Rating and Analysis

2

Although AJRD has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

43.34

58.57

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 53.89 to 56.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @43.78 from a trend line in the weekly time frame.

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for AJRD is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for AJRD is up.
ChartMill Relative Strength85.65POSITIVEAJRD has a high relative strength, it outperformed 85.65% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of AJRD is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of AJRD is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of AJRD is above the rising SMA(200).
Relative Strength Index/RSI (14)77.36OVERBOUGHTThe high RSI value suggests AJRD may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.21POSITIVEThe MACD value suggests AJRD has a positive trend.
Stochastics (14,3)96.82OVERBOUGHTThe high Stochastics value suggests AJRD may be overbought.
Average True Range in percent/ATR (20)0.97LOW VOLATILITYThe low ATR as a percentage value for AJRD suggests low volalility.
Average Directional Index/ADX (14)31.3POSITIVEThe high ADX value value for AJRD suggests a strong trend.
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)
AEROJET ROCKETDYNE HOLDINGS / AJRD Daily stock chart

AEROJET ROCKETDYNE HOLDINGS

NYSE:AJRD (7/27/2023, 8:04:00 PM)

After market: 57.99 0 (0%)

57.99

+0.81 (+1.42%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg1.42%
1 Week3.17%
2 Weeks3.31%
1 Month5.25%
3 Month2.8%
6 Month4%
12 Month32.73%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.62
ATR(20)%0.97%
ATR Inc49.72%
Range Today0.03
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.65
Mansfield-0.04
10 Day High58.01
10 Day Low55.5
20 Day High58.01
20 Day Low54.63
52 Week High58.01
52 Week Low39.18
CS1 End56.77
CR1 StartN/A
Volume & EV
DER(3)2.15%
DER(5)0.22%
Volume4.13M
Volume Incr221.06%
Vol(5)2.43M
Vol(50)1.13M