Ayr Strategies Inc. (AYR-A.CA) Stock Technical Analysis
Canada - Canadian Securities Exchange - CNSX:AYR-A -
Taking everything into account, AYR-A scores 6 out of 10 in our technical rating. 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.
AYR-A has an average technical rating and also 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
34.17
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. |
CNSX:AYR-A (4/8/2021, 8:01:21 PM)
34.53
-0.07 (-0.2%)
Ayr Strategies Inc. / AYR-A.CA FAQ
Can you provide the ChartMill technical rating for Ayr Strategies Inc.?
ChartMill assigns a technical rating of 5 / 10 to AYR-A.CA.
What is the current trend direction of Ayr Strategies Inc. (AYR-A.CA) stock?
The current trend direction for Ayr Strategies Inc. (AYR-A.CA) is Bullish.
Can you provide the RSI signal for Ayr Strategies Inc.?
Ayr Strategies Inc. (AYR-A.CA) has an RSI value of 34.7792. This indicates that the stock is currently neutral.
What is the buy/sell signal for Ayr Strategies Inc. (AYR-A.CA) stock?
The buy/sell signal for Ayr Strategies Inc. (AYR-A.CA) is hold as the short term and long term trends are mixed.
What is the support and resistance level for AYR-A stock?
Ayr Strategies Inc. (AYR-A.CA) has a support level at 34.52 and a resistance level at 37.3. Check the full technical report for our detailed analysis of AYR-A.CA support and resistance levels.