Ayr Strategies Inc. (AYR-A.CA) Stock Technical Analysis
CNSX:AYR-A - Canadian Securities Exchange -
Overall AYR-A gets a technical rating of 6 out of 10. In the last year, AYR-A was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
In the last month AYR-A has a been trading in the 34.24 - 45.45 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Looking at the yearly performance, AYR-A did better than 88% of all other stocks. We also observe that the gains produced by AYR-A over the past year are nicely spread over this period.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
AYR-A is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AYR-A is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
AYR-A has an average technical rating and the quality of the presented setup is also 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
34.17
43.52
When analyzing the support we notice one important area.
- A support zone ranging from 34.52 to 34.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 37.30 to 37.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @43.09 from a trend 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 AYR-A.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AYR-A.CA is down. |
| ChartMill Relative Strength | 88.21 | POSITIVE | AYR-A.CA has a high relative strength, it outperformed 88.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AYR-A.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AYR-A.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AYR-A.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.78 | NEUTRAL | The RSI value for AYR-A.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.52 | NEGATIVE | The MACD value suggests AYR-A.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.7 | OVERSOLD | The low Stochastics value suggests AYR-A.CA may be oversold. |
| Average True Range in percent/ATR (20) | 7.72 | HIGH VOLATILITY | The high ATR as a percentage value for AYR-A.CA suggests high volalility. |
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)
CNSX:AYR-A (4/8/2021, 8:01:21 PM)
34.53
-0.07 (-0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.2%
1 Week-8.16%
2 Weeks-9.61%
1 Month-15.06%
3 Month-5.73%
6 Month82.7%
12 Month357.96%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.66
ATR(20)%7.72%
ATR Inc-39.92%
Range Today1.55
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.21
Mansfield3.63
10 Day High39.84
10 Day Low34.24
20 Day High45.45
20 Day Low34.24
52 Week High47.14
52 Week Low6.75
CS1 End34.52
CR1 Start37.3
Volume & EV
DER(3)-5.92%
DER(5)-1.1%
Volume64.80K
Volume Incr-50.15%
Vol(5)75.24K
Vol(50)143.34K