ASTRONICS CORP (ATRO) Stock Technical Analysis
NASDAQ:ATRO - Nasdaq - US0464331083 - Common Stock - Currency: USD
Taking everything into account, ATRO scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ATRO is showing a nice and steady performance.
ATRO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 33.29, a Stop Loss order could be placed below this zone.
More info and screens
15.86
4 important support areas can be observed.
- Support @23.07 from a trend line in the daily time frame.
- Support @21.64 from a trend line in the daily time frame.
- Support @16.45 from a trend line in the weekly 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 32.42 to 32.42. 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 | UP | POSITIVE | The short term trend for ATRO is up. |
| ChartMill Relative Strength | 93.05 | POSITIVE | ATRO has a high relative strength, it outperformed 93.05% 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) | 50.95 | NEUTRAL | The RSI value for ATRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.39 | NEGATIVE | The MACD value suggests ATRO has a negative trend. |
| Stochastics (14,3) | 17.43 | OVERSOLD | The low Stochastics value suggests ATRO may be oversold. |
| Average True Range in percent/ATR (20) | 4.32 | MEDIUM VOLATILITY | The ATR as a percentage value for ATRO suggests some volalility. |
| Average Directional Index/ADX (14) | 49.92 | POSITIVE | The high ADX value value for ATRO suggests a strong 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 |
|---|---|---|---|
| 33.39 | 32.95 | 0.44 (1.33%) | 25.00% |
| An entry @33.39. This is a Buy Stop order right above the 10 day moving average. | An exit @32.95. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.44 points, which is 1.33%. | For a 0.33% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ATRO. Please evaluate whether better entry and exit points can be found.
- 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.
NASDAQ:ATRO (7/2/2025, 2:28:51 PM)
32.25
-0.18 (-0.56%)