AYRO INC (AYRO) Technical Analysis
NASDAQ:AYRO • US0547482077
Current stock price
AYRO Technical Rating and Analysis
Overall AYRO gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. AYRO was also a bad performer in the overall market in the last year.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, AYRO is a bad performer in the overall market: 89% of all stocks are doing better.
- AYRO is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AYRO is lagging the market.
- AYRO is an average performer in the Automobiles industry, it outperforms 41% of 35 stocks in the same industry.
- In the last month AYRO has a been trading in the 5.68 - 8.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AYRO Weekly and Daily overview Charts
AYRO Setup Rating and Analysis
Although the technical rating is bad, AYRO does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.
- 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
AYRO Support and Resistance Analysis
7.01
5 important resistance areas can be observed.
- Resistance @7.57 from a horizontal line in the weekly time frame.
- Resistance @7.93 from a trend line in the daily time frame.
- Resistance @8.18 from a trend line in the daily time frame.
- Resistance @8.32 from a horizontal line in the daily time frame.
- Resistance @10.82 from a trend line in the weekly time frame.
AYRO 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 | DOWN | NEGATIVE | The long term trend for AYRO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AYRO is neutral. |
| ChartMill Relative Strength | 11.75 | NEGATIVE | AYRO has a low relative strength, it was outperformed by 88.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AYRO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AYRO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AYRO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54 | NEUTRAL | The RSI value for AYRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests AYRO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.31 | NEUTRAL | The Stochastics value for AYRO is a neutral value. |
| Average True Range in percent/ATR (20) | 11.71 | HIGH VOLATILITY | The high ATR as a percentage value for AYRO suggests high volalility. |
| Average Directional Index/ADX (14) | 16.35 | NEGATIVE | The low ADX value for AYRO suggests a weak or negative trend. |
AYRO Chart- and CandleStick Pattern Analysis
AYRO Technicals: Chart, Performance Metrics, Trend & Indicators
7.08
+1.33 (+23.13%)
AYRO INC / AYRO TA FAQ
Can you provide the ChartMill technical rating for AYRO INC?
ChartMill assigns a technical rating of 2 / 10 to AYRO.
What is the trend direction for AYRO stock?
The current trend direction for AYRO INC (AYRO) is Bearish.
What is the RSI signal for AYRO stock?
AYRO INC (AYRO) has an RSI value of 53.9993. This indicates that the stock is currently neutral.
What is the MACD signal for AYRO stock?
The MACD indicator for AYRO INC (AYRO) has a value of -0.0109532, indicating a bearish trend.
Can you provide the support and resistance levels for AYRO INC?
AYRO INC (AYRO) has a resistance level at 7.57. Check the full technical report for our detailed analysis of AYRO support and resistance levels.