GRUPO AEROPORTUARIO SUR-ADR (ASR) Stock Technical Analysis
NYSE:ASR • US40051E2028
Overall ASR gets a technical rating of 10 out of 10. Both in the recent history as in the last year, ASR has proven to be a steady performer, scoring decent points in every aspect analyzed.
- ASR is part of the Transportation Infrastructure industry. There are 6 other stocks in this industry, of which 80% are performing better than ASR.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that ASR is one of the better performing stocks in the market, outperforming 85% of all stocks.
- ASR is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month ASR has a been trading in the 315.94 - 379.07 range, which is quite wide. It is currently trading near the high of this range.
Although ASR 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
297.90
When analyzing the support we can see 4 important areas.
- A support zone ranging from 328.48 to 336.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 317.48 to 322.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @309.48 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 | 85.22 | POSITIVE | ASR has a high relative strength, it outperformed 85.22% 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) | 67.8 | NEUTRAL | The RSI value for ASR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.8 | POSITIVE | The MACD value suggests ASR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.17 | OVERBOUGHT | The high Stochastics value suggests ASR may be overbought. |
| Average True Range in percent/ATR (20) | 2.61 | MEDIUM VOLATILITY | The ATR as a percentage value for ASR suggests some volalility. |
| Average Directional Index/ADX (14) | 34.94 | POSITIVE | The high ADX value value for ASR suggests a strong trend. |
370
-7.67 (-2.03%)
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 67.7978. This indicates that the stock is currently neutral.
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 336.1. Check the full technical report for our detailed analysis of ASR support and resistance levels.