Taking everything into account, FLY scores 6 out of 10 in our technical rating. In the last year, FLY was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
FLY has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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19.77
2 important support areas can be observed.
- Support @24.50 from a trend line in the daily time frame.
- Support @19.97 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 28.00 to 28.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @28.60 from a horizontal line in the daily 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 FLY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FLY is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | FLY has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FLY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FLY is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 62.57 | NEUTRAL | The RSI value for FLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.46 | POSITIVE | The MACD value suggests FLY has a positive trend. |
| Stochastics (14,3) | 78.43 | NEUTRAL | The Stochastics value for FLY is a neutral value. |
| Average True Range in percent/ATR (20) | 9.78 | HIGH VOLATILITY | The high ATR as a percentage value for FLY suggests high volalility. |
| Average Directional Index/ADX (14) | 25.11 | POSITIVE | The high ADX value value for FLY suggests a strong trend. |
27.99
+0.64 (+2.34%)
FIREFLY AEROSPACE INC / FLY FAQ
Can you provide the ChartMill technical rating for FIREFLY AEROSPACE INC?
ChartMill assigns a technical rating of 6 / 10 to FLY.
What is the current trend direction of FIREFLY AEROSPACE INC (FLY) stock?
The current trend direction for FIREFLY AEROSPACE INC (FLY) is Bullish.
Can you provide the RSI signal for FIREFLY AEROSPACE INC?
FIREFLY AEROSPACE INC (FLY) has an RSI value of 62.5687. This indicates that the stock is currently neutral.
What is the MACD signal for FLY stock?
The MACD indicator for FIREFLY AEROSPACE INC (FLY) has a value of 0.456334, indicating a bearish trend.
What is the support and resistance level for FLY stock?
FIREFLY AEROSPACE INC (FLY) has a support level at 24.08 and a resistance level at 28.14. Check the full technical report for our detailed analysis of FLY support and resistance levels.