AERSALE CORP (ASLE) Stock Technical Analysis
NASDAQ:ASLE - US00810F1066 - Common Stock
8.77 USD
-0.23 (-2.56%)
8.77 USD
0 (0%)
We assign a technical rating of 10 out of 10 to ASLE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ASLE is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that ASLE is one of the better performing stocks in the market, outperforming 93% of all stocks.
ASLE is one of the better performing stocks in the Aerospace & Defense industry, it outperforms 82% of 68 stocks in the same industry.
ASLE is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ASLE has a been trading in the 5.77 - 9.12 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
Although ASLE has an excellent technical rating, the quality of the presented setup is not ideal 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
5.66
9.10
We found 5 important support areas.
- A support zone ranging from 8.76 to 8.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 6.21 to 6.30. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @6.10 from a horizontal line in the daily time frame.
- A support zone ranging from 5.84 to 5.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.72 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 8.79 to 9.01. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for ASLE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ASLE is up. |
| ChartMill Relative Strength | 93.84 | POSITIVE | ASLE has a high relative strength, it outperformed 93.84% 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) | UP | POSITIVE | The current price of ASLE is above 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) | 72.34 | OVERBOUGHT | The high RSI value suggests ASLE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ASLE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.58 | OVERBOUGHT | The high Stochastics value suggests ASLE may be overbought. |
| Average True Range in percent/ATR (20) | 4.75 | MEDIUM VOLATILITY | The ATR as a percentage value for ASLE suggests some volalility. |
| Average Directional Index/ADX (14) | 48.77 | POSITIVE | The high ADX value value for ASLE suggests a strong 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)
8.77
-0.23 (-2.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-2.56%
1 Week-0.23%
2 Weeks-0.11%
1 Month43.3%
3 Month48.9%
6 Month25.29%
12 Month72.3%
2 Year-40.78%
3 Year-54.51%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%4.75%
ATR Inc-34.5%
Range Today0.29
ADR(20)0.38
ADR(20)%4.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.84
Mansfield2.41
10 Day High9.12
10 Day Low8.39
20 Day High9.12
20 Day Low5.77
52 Week High9.12
52 Week Low4.53
CS1 End8.76
CR1 Start8.79
Volume & EV
DER(3)-0.62%
DER(5)-1.12%
Volume432.50K
Volume Incr2.83%
Vol(5)552.66K
Vol(50)404.64K