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.
Besides having an excellent technical rating, ATRO also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 54.58. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 50.53, a Stop Loss order could be placed below this zone.
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29.56
7 important support areas can be observed.
- A support zone ranging from 49.95 to 50.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 48.39 to 48.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @46.97 from a horizontal line in the weekly time frame.
- Support @45.97 from a horizontal line in the daily time frame.
- Support @42.55 from a trend line in the daily time frame.
- Support @40.90 from a trend line in the weekly time frame.
- Support @29.86 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 54.58 to 54.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 98.23 | POSITIVE | ATRO has a high relative strength, it outperformed 98.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ATRO is below 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) | 51.8 | NEUTRAL | The RSI value for ATRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests ATRO has a negative trend. |
| Stochastics (14,3) | 32.84 | NEUTRAL | The Stochastics value for ATRO is a neutral value. |
| Average True Range in percent/ATR (20) | 5.1 | HIGH VOLATILITY | The high ATR as a percentage value for ATRO suggests high volalility. |
| Average Directional Index/ADX (14) | 14.29 | NEGATIVE | The low ADX value for ATRO suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 54.82 | 49.94 | 4.88 (8.90%) | 11.23% |
| An entry @54.82. This is a Buy Stop order right above the resistance zone. | An exit @49.94. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 4.88 points, which is 8.90%. | When investing 11.23% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
51.94
+1.4 (+2.77%)
ASTRONICS CORP / ATRO FAQ
Can you provide the ChartMill technical rating for ASTRONICS CORP?
ChartMill assigns a technical rating of 10 / 10 to ATRO.
Can you provide the trend direction for ASTRONICS CORP?
The current trend direction for ASTRONICS CORP (ATRO) is Bullish.
Can you provide the RSI signal for ASTRONICS CORP?
ASTRONICS CORP (ATRO) has an RSI value of 51.7981. This indicates that the stock is currently neutral.
What is the MACD signal for ATRO stock?
The MACD indicator for ASTRONICS CORP (ATRO) has a value of -0.282561, indicating a bearish trend.