AYRO INC (AYRO) Stock Technical Analysis
NASDAQ:AYRO - Nasdaq - US0547482077 - Common Stock - Currency: USD
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.
90% of all other stocks performed better in the past year than AYRO.
AYRO is part of the Automobiles industry. There are 37 other stocks in this industry, of which 61% are performing better 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.
In the last month AYRO has a been trading in the 5.17 - 8.16 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
AYRO has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately.
More info and screens
6.10
11.42
We found 1 important support area.
- Support @6.16 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 7.57 to 7.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.31 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 | UP | POSITIVE | The short term trend for AYRO is up. |
| ChartMill Relative Strength | 10.15 | NEGATIVE | AYRO has a low relative strength, it was outperformed by 89.85% 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) | DOWN | MIXED | The current price of AYRO is above a declining 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) | 60.89 | NEUTRAL | The RSI value for AYRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests AYRO has a positive trend. |
| Stochastics (14,3) | 73.41 | NEUTRAL | The Stochastics value for AYRO is a neutral value. |
| Average True Range in percent/ATR (20) | 9.61 | HIGH VOLATILITY | The high ATR as a percentage value for AYRO suggests high volalility. |
| Average Directional Index/ADX (14) | 41.12 | POSITIVE | The high ADX value value for AYRO suggests a strong 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)
7.5624
-0.08 (-1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-1%
1 Week18.16%
2 Weeks12.54%
1 Month17.87%
3 Month-14.17%
6 Month-31.05%
12 Month-39.33%
2 Year-91.37%
3 Year-92.95%
5 Year-97.89%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.78
ATR(20)%9.61%
ATR Inc57.45%
Range Today0.74
ADR(20)0.72
ADR(20)%9.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.15
Mansfield-3.32
10 Day High8.16
10 Day Low5.17
20 Day High8.16
20 Day Low5.17
52 Week High15.28
52 Week Low5.17
CS1 End6.16
CR1 Start7.57
Volume & EV
DER(3)-0.9%
DER(5)0.12%
Volume47.50K
Volume Incr288.03%
Vol(5)786.36K
Vol(50)275.78K