VOLATUS AEROSPACE INC (FLT.CA) Stock Technical Analysis
TSX-V:FLT - TSX Venture Exchange - CA92865M1023 - Common Stock - Currency: CAD
Overall FLT gets a technical rating of 1 out of 10. FLT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, FLT is a bad performer in the overall market: 89% of all stocks are doing better.
FLT is part of the Passenger Airlines industry. There are 9 other stocks in this industry, of which 87% are performing better than FLT.
In the last month FLT has a been trading in the 0.13 - 0.15 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
FLT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FLT is lagging the market slightly.
Volume is considerably higher in the last couple of days.
FLT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.15. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.13, a Stop Loss order could be placed below this zone.
More info and screens
0.13
0.27
When analyzing the support we notice one important area.
- A support zone ranging from 0.13 to 0.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 7 important areas.
- A resistance zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.17 from a trend line in the weekly time frame.
- Resistance @0.18 from a trend line in the weekly time frame.
- Resistance @0.19 from a trend line in the daily time frame.
- A resistance zone ranging from 0.20 to 0.20. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @0.21 from a horizontal line in the daily time frame.
- Resistance @0.27 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 | DOWN | NEGATIVE | The long term trend for FLT.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FLT.CA is neutral. |
| ChartMill Relative Strength | 11 | NEGATIVE | FLT.CA has a low relative strength, it was outperformed by 89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FLT.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FLT.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FLT.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.78 | NEUTRAL | The RSI value for FLT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests FLT.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.33 | NEUTRAL | The Stochastics value for FLT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.36 | HIGH VOLATILITY | The high ATR as a percentage value for FLT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.11 | NEGATIVE | The low ADX value for FLT.CA 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)
TSX-V:FLT (5/29/2025, 7:00:00 PM)
0.14
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg0%
1 Week3.7%
2 Weeks3.7%
1 Month3.7%
3 Month-17.65%
6 Month-3.45%
12 Month-36.36%
2 Year-62.16%
3 Year-73.08%
5 Year-81.08%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%5.36%
ATR Inc-26.32%
Range Today0
ADR(20)0.01
ADR(20)%4.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11
Mansfield-2.03
10 Day High0.14
10 Day Low0.13
20 Day High0.15
20 Day Low0.13
52 Week High0.24
52 Week Low0.1
CS1 End0.13
CR1 Start0.15
Volume & EV
DER(3)1.6%
DER(5)1.44%
Volume222.59K
Volume Incr54.85%
Vol(5)508.01K
Vol(50)314.33K