AIR TRANSPORT SERVICES GROUP (ATSG) Technical Analysis
NASDAQ:ATSG • US00922R1059
Current stock price
ATSG Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to ATSG. Both in the recent history as in the last year, ATSG has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that ATSG is one of the better performing stocks in the market, outperforming 95% of all stocks. We also observe that the gains produced by ATSG over the past year are nicely spread over this period.
- ATSG is one of the better performing stocks in the Air Freight & Logistics industry, it outperforms 100% of 23 stocks in the same industry.
- ATSG is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ATSG is leading the market.
- ATSG has an average volume of 1301810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month ATSG has a been trading in a tight range between 21.98 and 22.49.
- Volume is considerably higher in the last couple of days.
ATSG Weekly and Daily overview Charts
ATSG Setup Rating and Analysis
ATSG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 22.49. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.43, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
ATSG Support and Resistance Analysis
21.65
When analyzing the support we notice one important area.
- A support zone ranging from 21.87 to 22.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 22.49 to 22.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
ATSG 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 ATSG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ATSG is up. |
| ChartMill Relative Strength | 95.59 | POSITIVE | ATSG has a high relative strength, it outperformed 95.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ATSG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ATSG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ATSG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.71 | NEUTRAL | The RSI value for ATSG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ATSG has a positive trend. |
| Stochastics (14,3) | 98.69 | OVERBOUGHT | The high Stochastics value suggests ATSG may be overbought. |
| Average True Range in percent/ATR (20) | 0.28 | LOW VOLATILITY | The low ATR as a percentage value for ATSG suggests low volalility. |
| Average Directional Index/ADX (14) | 35.98 | POSITIVE | The high ADX value value for ATSG suggests a strong trend. |
ATSG Chart- and CandleStick Pattern Analysis
ATSG Example Setup
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 |
|---|---|---|---|
| 22.51 | 21.97 | 0.54 (2.40%) | 25.00% |
| An entry @22.51. This is a Buy Stop order right above the resistance zone. | An exit @21.97. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.54 points, which is 2.40%. | For a 0.60% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
ATSG Technicals: Chart, Performance Metrics, Trend & Indicators
22.48
-0.01 (-0.04%)
AIR TRANSPORT SERVICES GROUP / ATSG TA FAQ
Can you provide the ChartMill technical rating for AIR TRANSPORT SERVICES GROUP?
ChartMill assigns a technical rating of 10 / 10 to ATSG.
What is the current trend direction of AIR TRANSPORT SERVICES GROUP (ATSG) stock?
The current trend direction for AIR TRANSPORT SERVICES GROUP (ATSG) is Bullish.
What is the RSI signal for AIR TRANSPORT SERVICES GROUP (ATSG) stock?
AIR TRANSPORT SERVICES GROUP (ATSG) has an RSI value of 63.7099. This indicates that the stock is currently neutral.
Can you provide the short term momentum for AIR TRANSPORT SERVICES GROUP?
The short term momentum for AIR TRANSPORT SERVICES GROUP (ATSG) is positive.
Can you provide the support and resistance levels for AIR TRANSPORT SERVICES GROUP?
AIR TRANSPORT SERVICES GROUP (ATSG) has a support level at 22.43 and a resistance level at 22.49. Check the full technical report for our detailed analysis of ATSG support and resistance levels.