ASTRONICS CORP (ATRO) Technical Analysis
NASDAQ:ATRO • US0464331083
Current stock price
72.67 USD
-3.21 (-4.23%)
At close:
72.67 USD
0 (0%)
After Hours:
ATRO Technical Rating and Analysis
Taking everything into account, ATRO scores 8 out of 10 in our technical rating. In the last year, ATRO was one of the better performers, but we do observe some doubts in the very recent evolution.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the yearly performance of all stocks, we notice that ATRO is one of the better performing stocks in the market, outperforming 96% 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 80 other stocks in this industry. ATRO outperforms 94% of them.
- ATRO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ATRO is lagging the market slightly.
- In the last month ATRO has a been trading in the 61.49 - 79.31 range, which is quite wide. It is currently trading near the high of this range.
ATRO Weekly and Daily overview Charts
ATRO Setup Rating and Analysis
Although ATRO has an excellent technical rating, it does not present a decent entry opportunity 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
ATRO Support and Resistance Analysis
61.70
82.16
When analyzing the support we can see 4 important areas.
- Support @68.94 from a trend line in the weekly time frame.
- Support @65.53 from a trend line in the daily time frame.
- Support @63.75 from a horizontal line in the weekly time frame.
- Support @62.32 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 80.62 to 81.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
ATRO 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 | NEUTRAL | NEUTRAL | The short term trend for ATRO is neutral. |
| ChartMill Relative Strength | 96.57 | POSITIVE | ATRO has a high relative strength, it outperformed 96.57% 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) | DOWN | NEGATIVE | The current price of ATRO is below a declining 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) | 49.69 | NEUTRAL | The RSI value for ATRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.43 | POSITIVE | The MACD value suggests ATRO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.5 | NEUTRAL | The Stochastics value for ATRO is a neutral value. |
| Average True Range in percent/ATR (20) | 4.6 | MEDIUM VOLATILITY | The ATR as a percentage value for ATRO suggests some volalility. |
| Average Directional Index/ADX (14) | 17.2 | NEGATIVE | The low ADX value for ATRO suggests a weak or negative trend. |
ATRO Chart- and CandleStick Pattern Analysis
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)
ATRO Technicals: Chart, Performance Metrics, Trend & Indicators
72.67
-3.21 (-4.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-4.23%
1 Week-4.71%
2 Weeks-0.25%
1 Month7.09%
3 Month-4.81%
6 Month44.44%
12 Month232.28%
2 Year333.33%
3 Year393.01%
5 Year317.4%
10 Year96.67%
15 Year235.4%
Volatility
ATR(14)3.25
ATR(20)%4.6%
ATR Inc37.61%
Range Today5.47
ADR(20)3.2
ADR(20)%4.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.57
3 months CRS30.37
6 months CRS93.46
Mansfield3.37
10 Day High79.31
10 Day Low71.8
20 Day High79.31
20 Day Low61.49
52 Week High83.96
52 Week Low21.74
CS1 End68.94
CR1 Start80.62
Volume & EV
DER(3)-6.45%
DER(5)-3.8%
Volume585.30K
Volume Incr-16.67%
Vol(5)440.16K
Vol(50)593.24K
ASTRONICS CORP / ATRO TA FAQ
Can you provide the ChartMill technical rating for ASTRONICS CORP?
ChartMill assigns a technical rating of 8 / 10 to ATRO.
What is the current trend direction of ASTRONICS CORP (ATRO) stock?
The current trend direction for ASTRONICS CORP (ATRO) is Bullish.
What is the RSI signal for ATRO stock?
ASTRONICS CORP (ATRO) has an RSI value of 49.6867. This indicates that the stock is currently neutral.
What is the MACD signal for ASTRONICS CORP (ATRO) stock?
The MACD indicator for ASTRONICS CORP (ATRO) has a value of 0.434089, indicating a bearish trend.