ASTRA SPACE INC (ASTR) Stock Technical Analysis
USA - NASDAQ:ASTR - US04634X2027 - Common Stock
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.
ASTR has a bad technical rating, but it does show a decent setup pattern. 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.
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0.50
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. |
0.539
-0.01 (-2%)
ASTRA SPACE INC / ASTR 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 trend direction for ASTR stock?
The current trend direction for ASTRA SPACE INC (ASTR) is Bearish.
What is the RSI signal for ASTR stock?
ASTRA SPACE INC (ASTR) has an RSI value of 50.5558. This indicates that the stock is currently neutral.
What is the support and resistance level for 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.