VOLATUS AEROSPACE INC (FLT.CA) Stock Technical Analysis
TSX-V:FLT - CA92865M1023 - Common Stock
0.53 CAD
-0.03 (-4.5%)
We assign a technical rating of 7 out of 10 to FLT. In the last year, FLT was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
FLT is part of the Passenger Airlines industry. There are 8 other stocks in this industry. FLT outperforms 85% of them.
FLT has an average volume of 4481780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that FLT is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
FLT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FLT is lagging the market.
In the last month FLT has a been trading in the 0.41 - 0.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, FLT also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 0.46, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FLT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.46
0.59
We found 1 important support area.
- A support zone ranging from 0.46 to 0.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @0.55 from a trend line in the daily time frame.
- Resistance @0.58 from a horizontal 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 | UP | POSITIVE | The long term trend for FLT.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FLT.CA is neutral. |
| ChartMill Relative Strength | 98.11 | POSITIVE | FLT.CA has a high relative strength, it outperformed 98.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FLT.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FLT.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FLT.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.46 | NEUTRAL | The RSI value for FLT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests FLT.CA has a negative trend. |
| Stochastics (14,3) | 49.32 | NEUTRAL | The Stochastics value for FLT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 10.09 | HIGH VOLATILITY | The high ATR as a percentage value for FLT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.89 | NEUTRAL | The ADX value for FLT.CA suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.56 | 0.51 | 0.05 (8.93%) | 11.20% |
| An entry @0.56. This is a Buy Stop order right above the resistance zone. | An exit @0.51. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.05 points, which is 8.93%. | When investing 11.20% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of FLT. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:FLT (9/4/2025, 7:00:00 PM)
0.53
-0.03 (-4.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg-4.5%
1 Week-5.36%
2 Weeks-16.54%
1 Month-5.36%
3 Month278.57%
6 Month165%
12 Month231.25%
2 Year103.85%
3 Year55.88%
5 Year-24.29%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%10.09%
ATR Inc-21.74%
Range Today0.05
ADR(20)0.05
ADR(20)%9.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.11
Mansfield10.64
10 Day High0.65
10 Day Low0.52
20 Day High0.65
20 Day Low0.42
52 Week High0.97
52 Week Low0.11
CS1 End0.46
CR1 Start0.55
Volume & EV
DER(3)26.21%
DER(5)29.5%
Volume638.16K
Volume Incr-74.13%
Vol(5)669.62K
Vol(50)4.48M