AERSALE CORP (ASLE) Stock Technical Analysis
NASDAQ:ASLE - Nasdaq - US00810F1066 - Common Stock - Currency: USD
Taking everything into account, ASLE scores 3 out of 10 in our technical rating. In the past year, ASLE was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
ASLE is part of the Aerospace & Defense industry. There are 67 other stocks in this industry, of which 72% are performing better than ASLE.
When comparing the performance of all stocks over the past year, ASLE turns out to be only a medium performer in the overall market: it outperformed 62% of all stocks.
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 5.57 - 6.53 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ASLE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 6.10, a Stop Loss order could be placed below this zone.
More info and screens
5.62
6.42
When analyzing the support we can see 2 important areas.
- A support zone ranging from 5.99 to 6.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.68 to 5.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 6.13 to 6.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.30 to 6.36. 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 | DOWN | NEGATIVE | The long term trend for ASLE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ASLE is neutral. |
| ChartMill Relative Strength | 62.99 | NEUTRAL | ASLE is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of ASLE is above the rising 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) | 51.86 | NEUTRAL | The RSI value for ASLE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ASLE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 43.22 | NEUTRAL | The Stochastics value for ASLE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.54 | MEDIUM VOLATILITY | The ATR as a percentage value for ASLE suggests some volalility. |
| Average Directional Index/ADX (14) | 18.34 | NEGATIVE | The low ADX value for ASLE suggests a weak or negative 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)
6.11
-0.02 (-0.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-0.33%
1 Week-2.71%
2 Weeks2.17%
1 Month0.16%
3 Month0.33%
6 Month-11.45%
12 Month18.41%
2 Year-58.74%
3 Year-68.31%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%3.54%
ATR Inc13.67%
Range Today0.18
ADR(20)0.2
ADR(20)%3.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.99
Mansfield-0.84
10 Day High6.53
10 Day Low5.77
20 Day High6.53
20 Day Low5.57
52 Week High8.76
52 Week Low4.53
CS1 End6.1
CR1 Start6.13
Volume & EV
DER(3)0.41%
DER(5)-2.45%
Volume351.70K
Volume Incr20.23%
Vol(5)313.70K
Vol(50)286.00K