Overall ATRO gets a technical rating of 10 out of 10. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, ATRO did better than 98% of all other stocks. On top of that, ATRO also shows a nice and consistent pattern of rising prices.
- ATRO is one of the better performing stocks in the Aerospace & Defense industry, it outperforms 100% of 72 stocks in the same industry.
- 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 60.06 - 81.89 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although ATRO has an excellent technical rating, the quality of the presented setup is not ideal 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
44.28
We found 5 important support areas.
- A support zone ranging from 73.39 to 73.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @57.90 from a trend line in the daily time frame.
- Support @50.01 from a trend line in the daily time frame.
- Support @45.97 from a horizontal line in the daily time frame.
- Support @44.73 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @80.40 from a horizontal line in the daily time frame.
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 | 98.96 | POSITIVE | ATRO has a high relative strength, it outperformed 98.96% 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) | 56.52 | NEUTRAL | The RSI value for ATRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.78 | NEGATIVE | The MACD value suggests ATRO has a negative trend. |
| Stochastics (14,3) | 49.6 | NEUTRAL | The Stochastics value for ATRO is a neutral value. |
| Average True Range in percent/ATR (20) | 5.37 | HIGH VOLATILITY | The high ATR as a percentage value for ATRO suggests high volalility. |
| Average Directional Index/ADX (14) | 41.5 | POSITIVE | The high ADX value value for ATRO suggests a strong trend. |
73.4
-0.97 (-1.3%)
ASTRONICS CORP / ATRO FAQ
Can you provide the ChartMill technical rating for ASTRONICS CORP?
ChartMill assigns a technical rating of 10 / 10 to ATRO.
What is the current trend direction of ASTRONICS CORP (ATRO) stock?
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 56.5237. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ASTRONICS CORP?
The short term momentum for ASTRONICS CORP (ATRO) is positive.
Can you provide the support and resistance levels for ASTRONICS CORP?
ASTRONICS CORP (ATRO) has a support level at 73.39 and a resistance level at 80.4. Check the full technical report for our detailed analysis of ATRO support and resistance levels.