GRUPO AEROPORTUARIO SUR-ADR (ASR) Stock Technical Analysis
NYSE:ASR - US40051E2028 - ADR
325.71 USD
-0.95 (-0.29%)
325.71 USD
0 (0%)
Overall ASR gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ASR is only an average performer.
ASR is part of the Transportation Infrastructure industry. There are 6 other stocks in this industry, of which 60% are performing better than ASR.
The long and short term trends are both positive. This is looking good!
ASR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ASR is lagging the market slightly.
ASR is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When compared to the yearly performance of all other stocks, ASR outperforms 68% of them, which is more or less in line with the market.
ASR has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 321.02, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ASR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
252.93
357.89
4 important support areas can be observed.
- A support zone ranging from 313.57 to 321.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 300.90 to 300.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @280.64 from a trend line in the weekly time frame.
- A support zone ranging from 255.48 to 258.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 326.51 to 328.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 346.68 to 347.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @354.35 from a horizontal 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 ASR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ASR is up. |
| ChartMill Relative Strength | 68.2 | NEUTRAL | ASR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ASR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ASR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ASR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.27 | NEUTRAL | The RSI value for ASR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests ASR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.93 | NEUTRAL | The Stochastics value for ASR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.26 | MEDIUM VOLATILITY | The ATR as a percentage value for ASR suggests some volalility. |
| Average Directional Index/ADX (14) | 21.85 | NEUTRAL | The ADX value for ASR suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 328.13 | 320.06 | 8.07 (2.46%) | 25.00% |
| An entry @328.13. This is a Buy Stop order right above the resistance zone. | An exit @320.06. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 8.07 points, which is 2.46%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.61%. |
- The distance between exit and entry is rather small compared to the average daily movement of ASR. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
325.71
-0.95 (-0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTransportation Infrastructure
Performance
% Chg-0.29%
1 Week-1.15%
2 Weeks-0.49%
1 Month7.13%
3 Month1.15%
6 Month20.27%
12 Month20.91%
2 Year19.62%
3 Year54.02%
5 Year187.07%
10 Year123.49%
15 Year684.28%
Volatility
ATR(14)8.06
ATR(20)%2.26%
ATR Inc-28.65%
Range Today4.46
ADR(20)7.28
ADR(20)%2.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.2
Mansfield0.28
10 Day High332.46
10 Day Low320.07
20 Day High332.46
20 Day Low300.51
52 Week High360
52 Week Low248.88
CS1 End321.02
CR1 Start326.51
Volume & EV
DER(3)3.16%
DER(5)2.28%
Volume93.70K
Volume Incr23.26%
Vol(5)86.70K
Vol(50)86.93K