ASTRONICS CORP (ATRO) Stock Technical Analysis
NASDAQ:ATRO - Nasdaq - US0464331083 - Common Stock - Currency: USD
Taking everything into account, ATRO scores 7 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 long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, ATRO did better than 90% of all other stocks.
ATRO is part of the Aerospace & Defense industry. There are 67 other stocks in this industry. ATRO outperforms 71% 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 27.27 - 36.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ATRO has an excellent technical rating, but the quality of the setup is only medium 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
15.86
36.55
When analyzing the support we can see 4 important areas.
- A support zone ranging from 30.50 to 30.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 29.86 to 30.01. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @25.09 from a trend line in the daily time frame.
- Support @16.02 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 35.81 to 36.19. 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 | 90.94 | POSITIVE | ATRO has a high relative strength, it outperformed 90.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ATRO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ATRO is below 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) | 49.52 | NEUTRAL | The RSI value for ATRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests ATRO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 66 | NEUTRAL | The Stochastics value for ATRO is a neutral value. |
| Average True Range in percent/ATR (20) | 5.19 | HIGH VOLATILITY | The high ATR as a percentage value for ATRO suggests high volalility. |
| Average Directional Index/ADX (14) | 21.07 | NEUTRAL | The ADX value for ATRO suggests a possible start of a new trend. |
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)
33.45
+0.57 (+1.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg1.73%
1 Week9.64%
2 Weeks-2.36%
1 Month-3.21%
3 Month10.87%
6 Month80.71%
12 Month75.41%
2 Year90.82%
3 Year263.19%
5 Year270.02%
10 Year-35.25%
15 Year171.4%
Volatility
ATR(14)2
ATR(20)%5.19%
ATR Inc-31.3%
Range Today0.98
ADR(20)1.34
ADR(20)%4.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.94
Mansfield3.11
10 Day High36.49
10 Day Low27.27
20 Day High36.75
20 Day Low27.27
52 Week High37.32
52 Week Low14.13
CS1 End30.82
CR1 Start35.81
Volume & EV
DER(3)1.2%
DER(5)0.28%
Volume501.60K
Volume Incr4.34%
Vol(5)619.22K
Vol(50)661.73K