ATRO Technical Analysis - ASTRONICS CORP

Technical Rating and Analysis

Taking everything into account, ATRO scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, ATRO has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!

When comparing the yearly performance of all stocks, we notice that ATRO is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, ATRO also shows a nice and consistent pattern of rising prices.

ATRO is part of the Aerospace & Defense industry. There are 69 other stocks in this industry. ATRO outperforms 83% of them.

ATRO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.

In the last month ATRO has a been trading in the 35.58 - 46.61 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.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

ASTRONICS CORP / ATRO Weekly stock chart

Setup Rating and Analysis

Although ATRO has an excellent technical rating, it does not offer a high quality setup 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

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

15.86

45.57

5 important support areas can be observed.

A support zone ranging from 44.70 to 44.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
A support zone ranging from 34.34 to 34.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
A support zone ranging from 29.70 to 29.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @26.93 from a trend line in the daily time frame.
Support @16.02 from a horizontal line in the weekly time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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	UP	POSITIVE	The long term trend for ATRO is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for ATRO is up.
ChartMill Relative Strength	94.97	POSITIVE	ATRO has a high relative strength, it outperformed 94.97% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of ATRO is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of ATRO is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of ATRO is above the rising SMA(200).
Relative Strength Index/RSI (14)	70.44	OVERBOUGHT	The high RSI value suggests ATRO may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.26	POSITIVE	The MACD value suggests ATRO has a positive trend.
Stochastics (14,3)	69.44	NEUTRAL	The Stochastics value for ATRO is a neutral value.
Average True Range in percent/ATR (20)	4.52	MEDIUM VOLATILITY	The ATR as a percentage value for ATRO suggests some volalility.
Average Directional Index/ADX (14)	47.91	POSITIVE	The high ADX value value for ATRO suggests a strong trend.