AYRO INC (AYRO) Stock Technical Analysis
USA - NASDAQ:AYRO - US0547482077 - Common Stock
Taking everything into account, AYRO scores 2 out of 10 in our technical rating. 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.
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. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
When analyzing the resistance we notice 5 important areas.
- 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. |
7.08
+1.33 (+23.13%)
AYRO INC / AYRO FAQ
Can you provide the ChartMill technical rating for AYRO INC?
ChartMill assigns a technical rating of 2 / 10 to AYRO.
What is the current trend direction of AYRO INC (AYRO) stock?
The current trend direction for AYRO INC (AYRO) is Bearish.
Can you provide the RSI signal for AYRO INC?
AYRO INC (AYRO) has an RSI value of 53.9993. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AYRO INC?
The MACD indicator for AYRO INC (AYRO) has a value of -0.0109532, indicating a bearish trend.
What is the short term momentum for AYRO stock?
The short term momentum for AYRO INC (AYRO) is neutral.