FIREFLY AEROSPACE INC (FLY) Technical Analysis
NASDAQ:FLY • US31816X1063
Current stock price
FLY Technical Rating and Analysis
Overall FLY gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, FLY is a bad performer.
- 100% of all other stocks performed better in the past year than FLY.
- FLY is one of the lesser performing stocks in the Aerospace & Defense industry. 86% of 80 stocks in the same industry do better.
- The long and short term trends are both positive. This is looking good!
- In the last month FLY has a been trading in the 21.53 - 41.51 range, which is quite wide. It is currently trading near the high of this range.
- FLY has an average volume of 5179280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
FLY Weekly and Daily overview Charts
FLY Setup Rating and Analysis
Although FLY has an excellent technical rating, it 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.
More info and screens
FLY Support and Resistance Analysis
18.94
5 important support areas can be observed.
- Support @36.60 from a horizontal line in the daily time frame.
- Support @26.94 from a trend line in the daily time frame.
- Support @24.66 from a trend line in the daily time frame.
- Support @20.52 from a trend line in the weekly time frame.
- Support @19.13 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @37.63 from a horizontal line in the weekly time frame.
FLY Technical Indicator Signal Analysis
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) | 69.8 | NEUTRAL | The RSI value for FLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.74 | POSITIVE | The MACD value suggests FLY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.59 | NEUTRAL | The Stochastics value for FLY is a neutral value. |
| Average True Range in percent/ATR (20) | 9.49 | HIGH VOLATILITY | The high ATR as a percentage value for FLY suggests high volalility. |
| Average Directional Index/ADX (14) | 36.61 | POSITIVE | The high ADX value value for FLY suggests a strong trend. |
FLY Chart- and CandleStick Pattern Analysis
FLY Technicals: Chart, Performance Metrics, Trend & Indicators
37.62
+1.01 (+2.76%)
FIREFLY AEROSPACE INC / FLY TA FAQ
Can you provide the ChartMill technical rating for FIREFLY AEROSPACE INC?
ChartMill assigns a technical rating of 7 / 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.
What is the RSI signal for FLY stock?
FIREFLY AEROSPACE INC (FLY) has an RSI value of 69.8001. This indicates that the stock is currently neutral.
What is the buy/sell signal for FIREFLY AEROSPACE INC (FLY) stock?
The buy/sell signal for FIREFLY AEROSPACE INC (FLY) is buy as both the short term and long term trends are positive.
What is the support and resistance level for FLY stock?
FIREFLY AEROSPACE INC (FLY) has a support level at 36.6 and a resistance level at 37.63. Check the full technical report for our detailed analysis of FLY support and resistance levels.