FIREFLY AEROSPACE INC (FLY) Technical Analysis
NASDAQ:FLY • US31816X1063
Overall FLY gets a technical rating of 0 out of 10. FLY'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than FLY.
- FLY is part of the Aerospace & Defense industry. There are 78 other stocks in this industry, of which 88% are performing better than FLY.
- In the last month FLY has a been trading in the 18.11 - 24.63 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- FLY has an average volume of 3198710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, FLY does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
16.61
We found 2 important support areas.
- Support @19.13 from a horizontal line in the daily time frame.
- A support zone ranging from 16.78 to 16.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 19.54 to 19.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @21.53 from a horizontal line in the daily time frame.
- Resistance @26.45 from a trend 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 | DOWN | NEGATIVE | The long term trend for FLY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FLY is down. |
| 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) | DOWN | NEGATIVE | The current price of FLY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FLY is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 42.32 | NEUTRAL | The RSI value for FLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests FLY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 47.65 | NEUTRAL | The Stochastics value for FLY is a neutral value. |
| Average True Range in percent/ATR (20) | 9.86 | HIGH VOLATILITY | The high ATR as a percentage value for FLY suggests high volalility. |
| Average Directional Index/ADX (14) | 24.09 | NEUTRAL | The ADX value for FLY suggests a possible start of a new trend. |
FLY Technicals: Chart, Performance Metrics, Trend & Indicators
19.39
-1.36 (-6.55%)
FIREFLY AEROSPACE INC / FLY FAQ
Can you provide the ChartMill technical rating for FIREFLY AEROSPACE INC?
ChartMill assigns a technical rating of 0 / 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 Bearish.
Can you provide the RSI signal for FIREFLY AEROSPACE INC?
FIREFLY AEROSPACE INC (FLY) has an RSI value of 42.3176. 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 0.110712, indicating a bearish trend.
What is the support and resistance level for FLY stock?
FIREFLY AEROSPACE INC (FLY) has a support level at 19.13 and a resistance level at 19.54. Check the full technical report for our detailed analysis of FLY support and resistance levels.