ASTRA SPACE INC (ASTR) Stock Technical Analysis
NASDAQ:ASTR - Nasdaq - US04634X2027 - Common Stock - Currency: USD
Taking everything into account, ASTR scores 1 out of 10 in our technical rating. ASTR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, ASTR is a bad performer in the overall market: 97% of all stocks are doing better.
ASTR is one of the lesser performing stocks in the Aerospace & Defense industry. 93% of 64 stocks in the same industry do better.
ASTR is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ASTR is lagging the market.
In the last month ASTR has a been trading in the 0.49 - 0.59 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 the technical rating is bad, ASTR does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 0.50, a Stop Loss order could be placed below this zone.
More info and screens
0.50
0.71
When analyzing the support we notice one important area.
- A support zone ranging from 0.50 to 0.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @0.56 from a horizontal line in the daily time frame.
- Resistance @0.70 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for ASTR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ASTR is neutral. |
| ChartMill Relative Strength | 3.97 | NEGATIVE | ASTR has a low relative strength, it was outperformed by 96.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ASTR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ASTR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ASTR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.56 | NEUTRAL | The RSI value for ASTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ASTR has a positive trend. |
| Stochastics (14,3) | 66.88 | NEUTRAL | The Stochastics value for ASTR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.5 | MEDIUM VOLATILITY | The ATR as a percentage value for ASTR suggests some volalility. |
| Average Directional Index/ADX (14) | 17.46 | NEGATIVE | The low ADX value for ASTR suggests a weak or negative 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)
0.539
-0.01 (-2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-2%
1 Week4.34%
2 Weeks6.31%
1 Month2.24%
3 Month-11.64%
6 Month-65.89%
12 Month-91.11%
2 Year-97.49%
3 Year-99.57%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%4.5%
ATR Inc158.88%
Range Today0.08
ADR(20)0.02
ADR(20)%4.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.97
Mansfield-7.18
10 Day High0.59
10 Day Low0.5
20 Day High0.59
20 Day Low0.49
52 Week High6.36
52 Week Low0.49
CS1 End0.5
CR1 Start0.56
Volume & EV
DER(3)-9.66%
DER(5)-3.62%
Volume1.51M
Volume Incr91.58%
Vol(5)499.86K
Vol(50)239.37K