AERSALE CORP (ASLE) Technical Analysis
NASDAQ:ASLE • US00810F1066
Current stock price
ASLE Technical Rating and Analysis
Taking everything into account, ASLE scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. ASLE was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, ASLE is a bad performer in the overall market: 77% of all stocks are doing better.
- ASLE is part of the Aerospace & Defense industry. There are 80 other stocks in this industry, of which 68% are performing better than ASLE.
- In the last month ASLE has a been trading in the 5.93 - 6.75 range, which is quite wide. It is currently trading near the high of this range.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- 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.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ASLE Weekly and Daily overview Charts
ASLE Setup Rating and Analysis
The technical rating of ASLE is bad and it also does not present a 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
ASLE Support and Resistance Analysis
5.69
We found 3 important support areas.
- A support zone ranging from 6.03 to 6.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.91 from a horizontal line in the daily time frame.
- Support @5.75 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 6.73 to 6.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.51 to 7.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.75 from a horizontal line in the daily time frame.
- Resistance @7.95 from a horizontal line in the daily time frame.
ASLE 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 ASLE is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ASLE is up. |
| ChartMill Relative Strength | 23.59 | NEGATIVE | ASLE has a low relative strength, it was outperformed by 76.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ASLE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ASLE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ASLE is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.71 | NEUTRAL | The RSI value for ASLE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests ASLE has a positive trend. |
| Stochastics (14,3) | 91.62 | OVERBOUGHT | The high Stochastics value suggests ASLE may be overbought. |
| Average True Range in percent/ATR (20) | 2.59 | MEDIUM VOLATILITY | The ATR as a percentage value for ASLE suggests some volalility. |
| Average Directional Index/ADX (14) | 32.09 | POSITIVE | The high ADX value value for ASLE suggests a strong trend. |
ASLE Chart- and CandleStick Pattern Analysis
ASLE Technicals: Chart, Performance Metrics, Trend & Indicators
6.72
+0.12 (+1.82%)
AERSALE CORP / ASLE TA FAQ
What is the ChartMill technical rating of AERSALE CORP (ASLE) stock?
ChartMill assigns a technical rating of 2 / 10 to ASLE.
What is the trend direction for ASLE stock?
The current trend direction for AERSALE CORP (ASLE) is Bearish.
What is the RSI signal for ASLE stock?
AERSALE CORP (ASLE) has an RSI value of 57.7137. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AERSALE CORP?
The MACD indicator for AERSALE CORP (ASLE) has a value of 0.0966094, indicating a bearish trend.
What is the support and resistance level for ASLE stock?
AERSALE CORP (ASLE) has a support level at 6.2 and a resistance level at 6.73. Check the full technical report for our detailed analysis of ASLE support and resistance levels.