AERSALE CORP (ASLE) Technical Analysis
NASDAQ:ASLE • US00810F1066
Taking everything into account, ASLE scores 5 out of 10 in our technical rating. In the last year, ASLE was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- 66% of all other stocks performed better in the past year than ASLE.
- ASLE is one of the lesser performing stocks in the Aerospace & Defense industry. 74% of 78 stocks in the same industry do better.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- ASLE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ASLE is lagging the market.
- In the last month ASLE has a been trading in the 7.06 - 7.93 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ASLE has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
5.74
We found 4 important support areas.
- A support zone ranging from 7.13 to 7.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.31 from a trend line in the weekly time frame.
- Support @6.16 from a trend line in the daily time frame.
- Support @5.80 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 7.38 to 7.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.75 to 7.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.95 from a horizontal line in the daily 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 ASLE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ASLE is neutral. |
| ChartMill Relative Strength | 34.4 | NEUTRAL | ASLE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ASLE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ASLE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ASLE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.21 | NEUTRAL | The RSI value for ASLE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ASLE has a negative trend. |
| Stochastics (14,3) | 48.68 | NEUTRAL | The Stochastics value for ASLE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.89 | MEDIUM VOLATILITY | The ATR as a percentage value for ASLE suggests some volalility. |
| Average Directional Index/ADX (14) | 18.73 | NEGATIVE | The low ADX value for ASLE suggests a weak or negative trend. |
ASLE Technicals: Chart, Performance Metrics, Trend & Indicators
7.32
-0.25 (-3.3%)
AERSALE CORP / ASLE FAQ
What is the ChartMill technical rating of AERSALE CORP (ASLE) stock?
ChartMill assigns a technical rating of 5 / 10 to ASLE.
What is the trend direction for ASLE stock?
The current trend direction for AERSALE CORP (ASLE) is Bullish.
Can you provide the RSI signal for AERSALE CORP?
AERSALE CORP (ASLE) has an RSI value of 43.2102. This indicates that the stock is currently neutral.
What is the MACD signal for AERSALE CORP (ASLE) stock?
The MACD indicator for AERSALE CORP (ASLE) has a value of -0.0120938, indicating a bearish trend.
What is the short term momentum for ASLE stock?
The short term momentum for AERSALE CORP (ASLE) is neutral.