AYRO INC (AYRO) Stock Technical Analysis
NASDAQ:AYRO - US0547482077 - Common Stock
7.08 USD
+1.33 (+23.13%)
9.36 USD
+2.28 (+32.2%)
Taking everything into account, AYRO scores 2 out of 10 in our technical rating. In the past year, AYRO was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
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.
89% of all other stocks performed better in the past year than AYRO.
AYRO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
AYRO is an average performer in the Automobiles industry, it outperforms 43% of 38 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 has a bad technical rating, but it does show a decent setup pattern. 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
7.01
10.93
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.
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. |
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)
7.08
+1.33 (+23.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg23.13%
1 Week4.73%
2 Weeks20.41%
1 Month0.57%
3 Month11.15%
6 Month-25.25%
12 Month-45.16%
2 Year-88.26%
3 Year-93.79%
5 Year-98.39%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.77
ATR(20)%11.71%
ATR Inc39.65%
Range Today1.16
ADR(20)0.75
ADR(20)%10.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.75
Mansfield-3.36
10 Day High7.5
10 Day Low5.7
20 Day High8.6
20 Day Low5.68
52 Week High15.28
52 Week Low5.17
CS1 EndN/A
CR1 Start7.57
Volume & EV
DER(3)-17.6%
DER(5)-19.05%
Volume516.00K
Volume Incr99.17%
Vol(5)115.74K
Vol(50)157.03K