AEROJET ROCKETDYNE HOLDINGS (AJRD) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AJRD - US0078001056 - Common Stock
Taking everything into account, AJRD scores 10 out of 10 in our technical rating. 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.
- AJRD is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with 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 71 other stocks in this industry, AJRD did better than 47% of them.
- Volume is considerably higher in the last couple of days.
Although AJRD has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
43.34
We found 2 important support 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.
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 AJRD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AJRD is up. |
| ChartMill Relative Strength | 85.65 | POSITIVE | AJRD has a high relative strength, it outperformed 85.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AJRD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AJRD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AJRD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 77.36 | OVERBOUGHT | The high RSI value suggests AJRD may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests AJRD has a positive trend. |
| Stochastics (14,3) | 96.82 | OVERBOUGHT | The high Stochastics value suggests AJRD may be overbought. |
| Average True Range in percent/ATR (20) | 0.97 | LOW VOLATILITY | The low ATR as a percentage value for AJRD suggests low volalility. |
| Average Directional Index/ADX (14) | 31.3 | POSITIVE | The high ADX value value for AJRD suggests a strong trend. |
57.99
+0.81 (+1.42%)
AEROJET ROCKETDYNE HOLDINGS / AJRD FAQ
What is the technical rating for AJRD stock?
ChartMill assigns a technical rating of 9 / 10 to AJRD.
What is the current trend direction of AEROJET ROCKETDYNE HOLDINGS (AJRD) stock?
The current trend direction for AEROJET ROCKETDYNE HOLDINGS (AJRD) is Bullish.
Can you provide the RSI signal for AEROJET ROCKETDYNE HOLDINGS?
AEROJET ROCKETDYNE HOLDINGS (AJRD) has an RSI value of 77.3593. This indicates that the stock is currently overbought.
Can you provide the MACD signal for AEROJET ROCKETDYNE HOLDINGS?
The MACD indicator for AEROJET ROCKETDYNE HOLDINGS (AJRD) has a value of 0.208735, indicating a bearish trend.
What is the buy/sell signal for AEROJET ROCKETDYNE HOLDINGS (AJRD) stock?
The buy/sell signal for AEROJET ROCKETDYNE HOLDINGS (AJRD) is buy as both the short term and long term trends are positive.