GRUPO AEROPORTUARIO SUR-ADR (ASR) Technical Analysis
NYSE:ASR • US40051E2028
Taking everything into account, ASR scores 1 out of 10 in our technical rating. ASR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- ASR is one of the lesser performing stocks in the Transportation Infrastructure industry. 60% of 6 stocks in the same industry do better.
- In the last month ASR has a been trading in the 320.38 - 381.52 range, which is quite wide. It is currently trading near the lows of this range.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When comparing the performance of all stocks over the past year, ASR turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
- ASR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ASR is lagging the market slightly.
The technical rating of ASR 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
293.12
When analyzing the support we can see 3 important areas.
- Support @321.34 from a horizontal line in the daily time frame.
- Support @313.21 from a trend line in the weekly time frame.
- A support zone ranging from 296.08 to 303.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 335.41 to 340.48. 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 | NEUTRAL | NEUTRAL | The long term trend for ASR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ASR is down. |
| ChartMill Relative Strength | 61.49 | NEUTRAL | ASR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ASR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ASR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ASR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.36 | NEUTRAL | The RSI value for ASR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -4.8 | NEGATIVE | The MACD value suggests ASR has a negative trend. |
| Stochastics (14,3) | 16.65 | OVERSOLD | The low Stochastics value suggests ASR may be oversold. |
| Average True Range in percent/ATR (20) | 3.91 | MEDIUM VOLATILITY | The ATR as a percentage value for ASR suggests some volalility. |
| Average Directional Index/ADX (14) | 29.07 | POSITIVE | The high ADX value value for ASR suggests a strong trend. |
ASR Technicals: Chart, Performance Metrics, Trend & Indicators
321.63
-13 (-3.88%)
GRUPO AEROPORTUARIO SUR-ADR / ASR FAQ
Can you provide the ChartMill technical rating for GRUPO AEROPORTUARIO SUR-ADR?
ChartMill assigns a technical rating of 1 / 10 to ASR.
What is the current trend direction of GRUPO AEROPORTUARIO SUR-ADR (ASR) stock?
The current trend direction for GRUPO AEROPORTUARIO SUR-ADR (ASR) is Bearish.
Can you provide the RSI signal for GRUPO AEROPORTUARIO SUR-ADR?
GRUPO AEROPORTUARIO SUR-ADR (ASR) has an RSI value of 34.3585. This indicates that the stock is currently neutral.
What is the support and resistance level for ASR stock?
GRUPO AEROPORTUARIO SUR-ADR (ASR) has a support level at 321.34 and a resistance level at 335.41. Check the full technical report for our detailed analysis of ASR support and resistance levels.