ASTRA SPACE INC (ASTR) Technical Analysis
NASDAQ:ASTR • US04634X2027
Current stock price
ASTR Technical Rating and Analysis
Taking everything into account, ASTR scores 1 out of 10 in our technical rating. ASTR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 97% of all other stocks performed better in the past year than ASTR.
- ASTR is one of the lesser performing stocks in the Aerospace & Defense industry. 84% of 80 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.
ASTR Weekly and Daily overview Charts
ASTR Setup Rating and Analysis
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
ASTR Support and Resistance Analysis
0.50
We found 1 important support 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.
We can see 2 important resistance areas.
- Resistance @0.56 from a horizontal line in the daily time frame.
- Resistance @0.70 from a horizontal line in the daily time frame.
ASTR Technical Indicator Signal Analysis
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. |
ASTR Chart- and CandleStick Pattern Analysis
ASTR Technicals: Chart, Performance Metrics, Trend & Indicators
0.539
-0.01 (-2%)
ASTRA SPACE INC / ASTR TA FAQ
Can you provide the ChartMill technical rating for ASTRA SPACE INC?
ChartMill assigns a technical rating of 1 / 10 to ASTR.
What is the current trend direction of ASTRA SPACE INC (ASTR) stock?
The current trend direction for ASTRA SPACE INC (ASTR) is Bearish.
What is the RSI signal for ASTRA SPACE INC (ASTR) stock?
ASTRA SPACE INC (ASTR) has an RSI value of 50.5558. This indicates that the stock is currently neutral.
What is the short term momentum for ASTR stock?
The short term momentum for ASTRA SPACE INC (ASTR) is neutral.
What are the support and resistance levels for ASTRA SPACE INC (ASTR) stock?
ASTRA SPACE INC (ASTR) has a support level at 0.5 and a resistance level at 0.56. Check the full technical report for our detailed analysis of ASTR support and resistance levels.