GRUPO AEROPORTUARIO SUR-ADR (ASR) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:ASR • US40051E2028
We assign a technical rating of 10 out of 10 to ASR. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ASR is showing a nice and steady performance.
- ASR is one of the lesser performing stocks in the Transportation Infrastructure industry. 60% of 6 stocks in the same industry do better.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, ASR did better than 84% of all other stocks. We also observe that the gains produced by ASR over the past year are nicely spread over this period.
- A new 52 week high is currently being made by ASR, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month ASR has a been trading in the 315.94 - 372.36 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ASR has an excellent technical rating, it does not present a decent entry opportunity 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
297.90
When analyzing the support we can see 3 important areas.
- A support zone ranging from 317.48 to 330.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @308.54 from a trend line in the weekly time frame.
- A support zone ranging from 300.91 to 303.54. 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 | 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 | 84.49 | POSITIVE | ASR has a high relative strength, it outperformed 84.49% off all stocks 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) | 72.79 | OVERBOUGHT | The high RSI value suggests ASR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.29 | POSITIVE | The MACD value suggests ASR has a positive trend. |
| Stochastics (14,3) | 85.92 | OVERBOUGHT | The high Stochastics value suggests ASR may be overbought. |
| Average True Range in percent/ATR (20) | 2.59 | MEDIUM VOLATILITY | The ATR as a percentage value for ASR suggests some volalility. |
| Average Directional Index/ADX (14) | 32.14 | POSITIVE | The high ADX value value for ASR suggests a strong trend. |
367.92
+6.92 (+1.92%)
GRUPO AEROPORTUARIO SUR-ADR / ASR FAQ
Can you provide the ChartMill technical rating for GRUPO AEROPORTUARIO SUR-ADR?
ChartMill assigns a technical rating of 10 / 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 Bullish.
Can you provide the RSI signal for GRUPO AEROPORTUARIO SUR-ADR?
GRUPO AEROPORTUARIO SUR-ADR (ASR) has an RSI value of 72.7898. This indicates that the stock is currently overbought.
What is the buy/sell signal for ASR stock?
The buy/sell signal for GRUPO AEROPORTUARIO SUR-ADR (ASR) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for GRUPO AEROPORTUARIO SUR-ADR (ASR) stock?
GRUPO AEROPORTUARIO SUR-ADR (ASR) has a support level at 330.45. Check the full technical report for our detailed analysis of ASR support and resistance levels.